1. BITBILIHome
  2. Article

Dash blockchain experiences downtime during its hard fork

• 121 views

TL;DR Breakdown

  • Dash experiences downtimes during its V19 hard fork activation.
  • The project is looking for a way forward after the event.

The Dash blockchain encountered a stall during the activation of its Dash Core v19 hard fork, causing concerns among developers and users. Samuel Westrich, the chief technical officer of network, announced the issue via a tweet on the morning of May 21. The developers swiftly responded by announcing a fix in the form of v19.1.0 approximately 13 hours later.

Dash network stalls during V19 hard fork

During the downtime, its developers cautioned users, stating that blocks and transactions on the Dash network lacking ChainLock and InstantSend locks should not be assumed to have true finality. These security features, unique to it, play a crucial role in ensuring the integrity of the blockchain. In response to the disruption, Binance temporarily suspended the distribution of Dash mining rewards until the blockchain was operational again.

The initial update, which was announced on April 10, aimed to enhance security through BLS signatures, implement a high-performance master node system, and introduce wallet improvements. These changes were intended to prepare for the release of the Dash Platform on the mainnet.

The v19.1.0 release, described as a bug-fix upgrade, was introduced to resolve the chain stall issue. However, the v19.0.0 release, originally scheduled for June 14, has been delayed. The developers have emphasized the need for a sufficient number of master nodes and miners to upgrade to the new version to restore normal blockchain functionality. They have also advised users to be aware of the known issues outlined in the release announcement, and a reindex of the blockchain may be necessary.

Developers are looking for a way forward

As of the time of writing, its block explorer indicated that the last processed Dash block occurred approximately 16 hours ago, highlighting the ongoing impact of the blockchain stall.

The blockchain had previously undergone a significant update with the implementation of the v18 release on September 13, 2022. However, the upgrade faced further adjustments in January due to an attempted hack that resulted in the temporary shutdown of some master nodes. The blockchain halt was attributed to the release and subsequent withdrawal of Dash Core v18.2.0.

Its core serves as the underlying network for the privacy-focused cryptocurrency Dash, which emerged as a spin-off from Litecoin in 2014. Notably, the United States Securities and Exchange Commission (SEC) raised concerns about the regulatory status of Dash in April, including it in a complaint against Bittrex, claiming that it was a security.

Efforts are underway to address the recent blockchain stall and ensure the smooth functioning of the network. The release of the v19.1.0 fix represents an important step toward restoring stability, with developers closely monitoring the upgrade process and encouraging users to stay informed about any associated issues.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Dash blockchain experiences downtime during its hard fork

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年5月24日 17:52
Next 2023年5月24日 18:29

Related articles

  • FBI issues warning on NFT-related cyber scams

    TL;DR Breakdown The FBI warns of criminals posing as NFT developers to lure victims through spoofed websites and phishing links. Victims have lost significant funds, including one losing $300,000 in NFTs to a counterfeit website and another losing $446,000 to a phishing link. The FBI provided guidelines to verify social media accounts and URLs, emphasizing vigilance and awareness in the NFT community. Description The United States Federal Bureau of Investigation (FBI) has sounded the alarm on an escalating cyber threat, cautioning the NFT community against malicious actors. However, these criminals impersonate genuine NFT developers, hijacking or mimicking their social media accounts to defraud victims. This deceitful tactic involves advertising fictitious NFT releases, capitalizing on inducing a sense of … Read more The United States Federal Bureau of Investigation (FBI) has sounded the alarm on an escalating cyber threat, cautioning the NFT community against malicious actors. However, these criminals impersonate genuine NFT developers, hijacking or mimicking their social media accounts to defraud victims. This deceitful tactic involves advertising fictitious NFT releases, capitalizing on inducing a sense of urgency through phrases like…

    Article 2023年8月7日

  • X (Twitter) gains major advantage because of this

    TL;DR Breakdown Zuckerberg introduced Threads to rival Twitter (X), initially gaining 44 million users. Despite blunders by Musk on X, including visibility tweaks and a rise in ads, X remains dominant. Threads’ pitch of being a peaceful alternative lacked the raw debate and drama that attracts users to X. Description Mark Zuckerberg’s competitive punch seemed to land perfectly with the introduction of Threads. An immediate threat to Twitter, now dubbed “X”, Threads zoomed past with a staggering 44 million daily active users. But, like many adrenaline-pumped stories, the dust settled, revealing Threads’ substantial user drop, dwindling to a mere 8 million. Yet, while Threads’ performance … Read more Mark Zuckerberg’s competitive punch seemed to land perfectly with the introduction of Threads. An immediate threat to Twitter, now dubbed “X”, Threads zoomed past with a staggering 44 million daily active users. But, like many adrenaline-pumped stories, the dust settled, revealing Threads’ substantial user drop, dwindling to a mere 8 million. Yet, while Threads’ performance ebbed, X’s inherent nature has shielded it, highlighting an interesting dynamic of the social media landscape. Why…

    Article 2023年8月20日

  • Venture Capital funding hits its lowest point in 2 years

    TL;DR Breakdown Venture Capital (VC) funding in the crypto industry has dropped to a two-year low, with June 2023 recording only 83 public investments. The total funding for June was $520 million, a decline of 32% from the previous month and a massive 71% drop from the previous year. Despite the overall slump, several firms managed to secure substantial investments, led by Gensyn with a $43 million Series A round. Description The world of Venture Capital (VC) funding seems to be losing some steam, as recent data reveals a distinct slowdown. As per data from RootData, public investment from crypto VCs has slipped to an alarming two-year low, with June recording only 83 deals. The shift, a stark contrast from the 97 and 149 projects in … Read more The world of Venture Capital (VC) funding seems to be losing some steam, as recent data reveals a distinct slowdown. As per data from RootData, public investment from crypto VCs has slipped to an alarming two-year low, with June recording only 83 deals. The shift, a stark contrast from the 97…

    Article 2023年7月4日

  • Alibaba makes a play in Apple-China beef – How?

    TL;DR Breakdown Apple’s iPhone 15 launch overshadowed by China’s unofficial discouragement of using foreign tech. Huawei tries to reclaim market share with new 5G smartphone releases. Alibaba’s strategic silence amidst the tech conflict draws attention. Daniel Zhang’s resignation from Alibaba suggests Jack Ma still influences the company’s direction. Description Tech magnate Apple recently unveiled the iPhone 15, boasting of its cutting-edge 3-nanometer mobile processors crafted by the Taiwan Semiconductor Manufacturing Co. This release, however, was shrouded in whispers and wary eyes, given China’s veiled admonishments towards the tech giant. Notably absent from this tussle? Alibaba, one of China’s leading tech behemoths. Their conspicuous silence … Read more Tech magnate Apple recently unveiled the iPhone 15, boasting of its cutting-edge 3-nanometer mobile processors crafted by the Taiwan Semiconductor Manufacturing Co. This release, however, was shrouded in whispers and wary eyes, given China’s veiled admonishments towards the tech giant. Notably absent from this tussle? Alibaba, one of China’s leading tech behemoths. Their conspicuous silence is a game-changer and deserves attention. Apple and the Chinese Quandary Despite launching their state-of-the-art iPhone 15 series,…

    Article 2023年9月14日

  • PayPal’s stablecoin sees little adoption so far

    TL;DR Breakdown PayPal’s stablecoin, PYUSD, is struggling to gain significant adoption despite the company’s industry stature. The overall stablecoin market has shrunk from $167 billion to $124 billion in 2023. Critics have pinpointed PYUSD’s centralized nature as a possible deterrent to its growth. Currently, 90% of PYUSD’s supply is held by its issuer, Paxos, and there are only 233 total holders. Description When an industry giant like PayPal dives into the crypto market’s stablecoin realm, the expectation is that it would, in no time, sail to the top. It’s not just wishful thinking; it’s an anticipation built on the reputation of the company. But to the surprise of many, PayPal’s much-vaunted stablecoin, Paxos-issued PYUSD, is failing to … Read more When an industry giant like PayPal dives into the crypto market’s stablecoin realm, the expectation is that it would, in no time, sail to the top. It’s not just wishful thinking; it’s an anticipation built on the reputation of the company. But to the surprise of many, PayPal’s much-vaunted stablecoin, Paxos-issued PYUSD, is failing to make waves in the digital…

    Article 2023年8月27日
TOP