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Most used blockchain Go Ethereum averts crisis after software flaw is fixed

About 75% of all users on the Ethereum network utilize Geth as a node to mine the blockchain's native token, Ether, and to create software that runs functions such as decentralized applications.

Ethereum
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Photo: Reuters

Vildana Hajric and Elaine Chen | Bloomberg
A flaw in the most popular software used to verify transactions on the Ethereum network nearly triggered a crisis for the world’s most widely used cryptocurrency blockchain. 

About half of the Ethereum ecosystem split into a separate chain after a bug in the Go Ethereum, or Geth, software effected users who hadn’t implemented an update meant to fix the mistake, said Maddie Kennedy, a spokesperson at the cryptocurrency research firm, Chainalysis. 

“This could’ve been a big problem, but it isn’t,” Kennedy said.

About 75% of all users on the Ethereum network utilize Geth as a node to mine the blockchain’s native token, Ether,