1. BITBILIHome
  2. Article

Dash blockchain experiences downtime during its hard fork

• 158 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

  • Robinhood Ventures into Credit Card Market with Acquisition of Fintech X1

    TL;DR Breakdown Robinhood, the popular crypto and stock trading app, is expanding its services by acquiring credit card startup X1 in a $95 million deal. The acquisition allows Robinhood to enter the credit card market, diversify its revenue streams, and strengthen its relationship with customers, offering them additional financial services beyond trading. Description Robinhood, the popular crypto and stock trading app, is set to diversify its offerings through the acquisition of credit card startup X1. The $95 million deal will provide Robinhood with a new revenue stream and deepen its relationship with existing customers. With X1’s income-based credit card and unique features like rewards, free trial, and single-use … Read more Robinhood, the popular crypto and stock trading app, is set to diversify its offerings through the acquisition of credit card startup X1. The $95 million deal will provide Robinhood with a new revenue stream and deepen its relationship with existing customers. With X1’s income-based credit card and unique features like rewards, free trial, and single-use cards, Robinhood aims to enhance its financial services ecosystem. This article delves into the…

    Article 2023年6月25日

  • Binance.US alleges misleading statement by SEC: Motion highlights concerns

    TL;DR Breakdown Binance.US, Binance Holdings Limited, and CEO CZ file a motion alleging misleading statements by the SEC in an ongoing securities lawsuit. The motion highlights concerns of a potential conflict of interest and lack of evidence supporting the SEC’s allegations. If approved, the motion could restrict the SEC’s ability to issue certain public statements, safeguarding the ongoing legal proceedings and ensuring a fair trial. Description In a recent development of the ongoing legal battle between Binance.US and the U.S. Securities and Exchange Commission (SEC), Binance.US, Binance Holdings Limited, and Binance CEO Changpeng “CZ” Zhao have filed a motion alleging that the SEC misled the public through statements issued during the securities lawsuit. The motion, filed on June 21 in the … Read more In a recent development of the ongoing legal battle between Binance.US and the U.S. Securities and Exchange Commission (SEC), Binance.US, Binance Holdings Limited, and Binance CEO Changpeng “CZ” Zhao have filed a motion alleging that the SEC misled the public through statements issued during the securities lawsuit. The motion, filed on June 21 in the U.S….

    Article 2023年6月25日

  • Elon Musk threatens to sue Mark Zuckerberg over Threads

    TL;DR Breakdown Twitter’s owner Elon Musk threatens legal action against Mark Zuckerberg’s Meta over Threads. Twitter alleges that Meta poached its former employees, leveraging their knowledge of Twitter’s trade secrets to develop Threads. Threads gained 30 million sign-ups within its first day, marking it as a significant competitor to Twitter. Description The social media battleground is ablaze as Twitter’s maverick owner, Elon Musk, sets his legal crosshairs on Meta’s Mark Zuckerberg over the creation of a new app – Threads. In less than a day from its launch, Threads, a text-based platform echoing Twitter’s design, found itself embroiled in a fiery intellectual property dispute with the … Read more The social media battleground is ablaze as Twitter’s maverick owner, Elon Musk, sets his legal crosshairs on Meta’s Mark Zuckerberg over the creation of a new app – Threads. In less than a day from its launch, Threads, a text-based platform echoing Twitter’s design, found itself embroiled in a fiery intellectual property dispute with the Twitter behemoth. Musk’s Twitter strikes back Thread’s sudden emergence onto the social media scene, boasting a…

    Article 2023年7月8日

  • Post Malone raises concerns over CBDC on the Joe Rogan podcast

    TL;DR Breakdown Post Malone has shown his displease at a US CBDC at an interview on the Joe Rogan podcast. Exploring all the debates behind the adoption of CBDC. Description Central Bank Digital Currencies (CBDCs) have sparked discussions across the mainstream landscape, drawing attention from both supporters and skeptics. The recent backlash against CBDCs by United States politicians and prominent public figures like Joe Rogan and Post Malone underscores the growing concerns over the implications of government-backed digital currencies. Post Malone states the potential risk … Read more Central Bank Digital Currencies (CBDCs) have sparked discussions across the mainstream landscape, drawing attention from both supporters and skeptics. The recent backlash against CBDCs by United States politicians and prominent public figures like Joe Rogan and Post Malone underscores the growing concerns over the implications of government-backed digital currencies. Post Malone states the potential risk of CBDCs In a conversation on the widely followed “Joe Rogan Experience” podcast, Joe Rogan and rapper Post Malone delved into their apprehensions about the potential societal risks posed by CBDCs. When asked about the possibility of…

    Article 2023年8月12日

  • US halts WorldCoin operations; Key officials taken into custody, CS confirms

    TL;DR Breakdown US authorities have suspended all operations of the cryptocurrency giant, WorldCoin, and several top officials have been arrested. The Chief Secretary addresses the public, emphasizing the need for regulatory balance in the evolving digital currency landscape.    Description In a surprising turn of events, the cryptocurrency titan, WorldCoin, has come under direct scrutiny by the US government. As operations are halted and key officials are taken into custody, the cryptocurrency market faces yet another turbulence. The unfolding scenario sheds light on the delicate balance between innovation in the digital currency world and regulatory … Read more In a surprising turn of events, the cryptocurrency titan, WorldCoin, has come under direct scrutiny by the US government. As operations are halted and key officials are taken into custody, the cryptocurrency market faces yet another turbulence. The unfolding scenario sheds light on the delicate balance between innovation in the digital currency world and regulatory vigilance. Contents hide 1 US authorities suspend WorldCoin activities 2 Key executives under arrest 3 CS offers insights and assurances 4 Conclusion US authorities suspend WorldCoin activities…

    Article 2023年9月20日
TOP