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Ethereum News

Coinbase Cloud adds support for Nethermind and Erigon

Coinbase Cloud's expansion beyond Geth ensures Ethereum validator resilience, with Nethermind going live this week and Erigon support in the pipeline.

Written By Ronak Kumar Ronak Kumar
Published February 29, 2024 10:32 PM·Updated 2 years ago
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Coinbase Cloud Expands Eth Staking Options With New Clients

The leading US cryptocurrency platform, Coinbase Cloud, is enhancing its Ethereum staking nodes by adding support for Nethermind and Erigon execution clients, expanding beyond the previous reliance on Geth, as reported in the Coinbase Blog. 

We told you we were working towards diversifying the execution clients on our Ethereum validators. Today, we're excited to provide an update!

This week we’ve begun rolling out support for @NethermindEth — with support for @ErigonEth close behind! https://t.co/gHH0705J6F

— Coinbase Developer Platform🛡️ (@CoinbaseDev) February 28, 2024

This move aims to diversify the execution layer, making Ethereum validators more resilient. The decision follows a thorough evaluation of client software, with Nethermind clients set to go live this week, and Erigon support planned in the coming months.

Without requiring any action from stakers, the backend infrastructure change ensures the security of customer assets. The importance of client diversity to fortify the network against potential bugs is emphasized by Coinbase Cloud. 

Previously, Coinbase Cloud diversified consensus layer clients, and now, it focuses on execution client diversity. Current Ethereum validator statistics show approximately 39% Prysm, 33% Lighthouse, and 19% Teku.

Stability metrics, a history of success, and compatibility with existing infrastructure are the evaluation criteria for execution clients. While acknowledging Geth’s past contributions, Coinbase Cloud found Nethermind and Erigon to align better with their standards and infrastructure during the recent evaluation.

This strategic move reflects Coinbase Cloud’s commitment to a resilient Ethereum network, minimizing dependency on any single client and fostering innovation within the ecosystem. 

Also Read: Coinbase Launches Recovery for Unsupported Blockchains

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:CoinbaseEthereum (ETH)United States
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