Index Investing News
Saturday, June 6, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Ethereum Is Not Slow Because Of Geth Client

by Index Investing News
September 27, 2023
in Cryptocurrency
Reading Time: 3 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Péter Szilágyi, a software engineer, contends that the widespread adoption of Geth, an Ethereum client he helped develop, is not why the dominant smart contract platform is “slow.” Szilágyi responded to a thread on social media platform X discussing Solana’s high throughput, stating, “Geth does not control all factors affecting processing speed.” 

Geth Is The Most Popular Ethereum Client

Geth is the most popular client in Ethereum, controlling over 55% of the total share of all clients in operation, including Nethermind and Erigon. Besides enabling users to interact with the network, it can be used to deploy full nodes. 

Ethereum nodes| Source: Ethernodes

Every synchronized full node in operation has to download and store a complete copy of Ethereum, meaning they can verify transactions and blocks independently, contributing to the network’s decentralization. With a higher degree of decentralization, there is higher reliability. 

One analyst had argued that Ethereum is slower because of the dominance of Geth. In the analyst view, the Ethereum throughput can be boosted only if full nodes are distributed across the popular client providers or if any more efficient and fast client anchors most.

Szilágyi shot back, saying processing speed has been impacted because “Ethereum’s state is growing fast.” 

Ethereum price on September 26| Source: ETHUSDT on Binance, TradingView
Ethereum price on September 26| Source: ETHUSDT on Binance, TradingView

Blame The Rapidly Expanding “State” For Slow Processing Speeds?

As the network’s state snowballs, the storage rate must keep up. This implies that irrespective of the client selected; the provider must address the storage speed to match the state of the network.

Full nodes are always in sync with the network, basically holding all the “state” of the blockchain—that is, accounts, balances, and smart contracts—they must be efficient in creating storage to remain connected with others. Moreover, since full nodes provide a service, all of them, regardless of their client selection, can receive block rewards once they validate a transaction.

Accordingly, as part of his argument, Szilágyi also said that even if there is an increment in gas limit by 10X, all full nodes operating on Geth, or any other client, would be “perfectly happy.” In Ethereum, the gas limit is the maximum amount of gas (paid in Ethereum (ETH)) that a user is willing to spend on a transaction. The user can adjust it, and those more complex transactions mean a user has to pay more gas.

Feature image from Canva, chart from TradingView





Source link

Tags: clientEthereumGethSlow
ShareTweetShareShare
Previous Post

Sam Asghari’s Family ‘Thankful’ His Marriage to Britney Spears Ended – Hollywood Life

Next Post

US SEC Delays ARK Spot Bitcoin ETF Filing In Early Decision

Related Posts

Bitcoin’s Most-Cited Bear Market Indicator Hasn’t Triggered Yet.

Bitcoin’s Most-Cited Bear Market Indicator Hasn’t Triggered Yet.

by Index Investing News
June 4, 2026
0

Bitcoin’s Most-Cited Bear Market Indicator Hasn’t Triggered Yet. The One Most People Watch Already Has. The Difference Matters.Two different signals,...

Cross-Chain Protocol Gravity Bridge Falls To .4 Million Attack — Details

Cross-Chain Protocol Gravity Bridge Falls To $5.4 Million Attack — Details

by Index Investing News
May 31, 2026
0

Gravity Bridge, a Cosmos-native cross-chain protocol, was the target of a compromised-key attack, which led to the theft of roughly...

Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far – Bitcoin News

Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far – Bitcoin News

by Index Investing News
May 27, 2026
0

Key TakeawaysOpenAI CEO Sam Altman said May 2026 fears of mass AI layoffs were overstated.Brookings and Yale Budget Lab found...

Binance Denies WSJ Report Alleging 0M in Iran-Linked Crypto Transactions

Binance Denies WSJ Report Alleging $850M in Iran-Linked Crypto Transactions

by Index Investing News
May 23, 2026
0

Binance CEO Richard Teng has pushed back against a new Wall Street Journal investigation claiming the exchange processed $850 million...

Crypto gives back gains as macro headwinds overwhelm regulatory optimism

Crypto gives back gains as macro headwinds overwhelm regulatory optimism

by Index Investing News
May 15, 2026
0

For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...

Next Post
US SEC Delays ARK Spot Bitcoin ETF Filing In Early Decision

US SEC Delays ARK Spot Bitcoin ETF Filing In Early Decision

Pfizer Inc. (PFE) Cantor Fitzgerald Annual Global Health Conference (Transcript)

Pfizer Inc. (PFE) Cantor Fitzgerald Annual Global Health Conference (Transcript)

RECOMMENDED

Sluggish CRE Lending Persists: CBRE  

Sluggish CRE Lending Persists: CBRE  

August 16, 2023
Iran wanted Saudi Arabia to drop Israel — but failed miserably

Iran wanted Saudi Arabia to drop Israel — but failed miserably

October 13, 2023
8 issues to think about when choosing a business constructing contractor

8 issues to think about when choosing a business constructing contractor

May 2, 2025
Conor Sen on Fed coverage

Conor Sen on Fed coverage

October 9, 2024
Why Selling Puts is a Trap

Why Selling Puts is a Trap

January 5, 2024
Excessive Dividend 50: Tompkins Monetary

Excessive Dividend 50: Tompkins Monetary

July 19, 2024
Semantix: Focus On Quantum Computing And AI, Undervalued

Semantix: Focus On Quantum Computing And AI, Undervalued

June 29, 2023
FirstFT: China to scrap inbound traveller quarantine

FirstFT: China to scrap inbound traveller quarantine

December 27, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In