ETH, the second most popular cryptocurrency, has lost a significant proportion of its nodes, ensuring network security.
Currently, almost all attention is focused on the fact that the price of ETH is rising again towards the ATH, but few are pointing out that network security is jeopardized.
The Ethereum network had its largest collapse just a few days ago, on August 30, when up to 62 percent of all nodes were lost. The network had 8367 nodes last Sunday, compared to only 3148 at the start of the week.
When we look at specific countries, Russia, the United States, Japan, and Germany have lost the most nodes recently.
Three thousand four hundred seventy-three nodes have been discovered as of this writing, indicating only a minor rebound and increase from Monday’s collapse.