Crypto 24X7 News Hubb
Advertisement
  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us
No Result
View All Result
  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us
No Result
View All Result
Crypto 24X7 News Hubb
No Result
View All Result
Home Crypto Mining

Dash Faces Temporary Disruption Following Hard Fork Failure

admin by admin
May 23, 2023
in Crypto Mining


The Dash blockchain’s recent hard fork failure has created a temporary roadblock for the popular privacy coin.

In an unexpected turn of events, the Dash blockchain encountered a significant setback as the activation of its highly anticipated Dash Core v19 hard fork came to a halt, leaving cryptocurrency enthusiasts on edge.

The Chief Technical Officer of Dash, Samuel Westrich, took to Twitter on the morning of May 21st to announce the unfortunate incident.

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

During the period when the Dash network experienced downtime, developers issued a cautionary statement, emphasizing that blocks and transactions without ChainLocks and InstantSend locks should not be regarded as having definitive finality.

These two security features, unique to Dash, play a crucial role in ensuring the integrity and immutability of the blockchain.

The original purpose of the v19 update, initially announced on April 10th, aimed to bolster security measures by implementing BLS signatures. Additionally, the update sought to introduce a high-performance masternode implementation and wallet improvements in preparation for the forthcoming release of Dash Platform to the mainnet.

The development team swiftly responded with a fix, releasing the v19.1.0 update approximately 13 hours later.

According to the details provided in the v19.1.0 release, the upcoming upgrade is expected to resolve bugs encountered during the previous attempt. However, the release of v19.0.0 has been postponed until June 14th. In the announcement, the developers noted:

This release should resolve the chain stall once a sufficient number of masternodes and miners have upgraded. Please be aware of the known issues listed in the release announcement. A reindex may be needed.

Shortly after the issue, Binance, one of the leading cryptocurrency exchanges, temporarily suspended the distribution of Dash mining rewards to mitigate potential issues stemming from the blockchain’s temporary inaccessibility.

Cryptocurrency enthusiasts and Dash stakeholders eagerly await the upcoming upgrade scheduled for June 14th, which is expected to bring enhanced security and improved functionality to the network. As the Dash community continues to navigate this challenging period, the future resilience and success of the blockchain remain paramount.

Gile K. Market Sentiment Analyst



Source link

Previous Post

Bitcoin Developer Introduces Ark, A Layer 2 Protocol For Fast And Efficient Payments

Next Post

RockX broadens suite with launch of new ether (ETH) native staking solution » CryptoNinjas

Next Post

RockX broadens suite with launch of new ether (ETH) native staking solution » CryptoNinjas

Recommended

Sam Bankman-Fried’s lawyers request extension for bail condition proposal

February 25, 2023

Leading Bahrainian Hotel Accepts BTC Payments (Report)

February 19, 2023

Don't miss it

Crypto Mining

Tether’s (USDT) Market Cap Reaches Unprecedented Heights

June 1, 2023
Crypto Currency

The Debate Around “Cursed” Ordinal Inscriptions

June 1, 2023
Ethereum

Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more…

June 1, 2023
Crypto Currency

Chinese Police Detain Team Behind Yuan-Backed CNHC Stablecoin: Report

June 1, 2023
Crypto Currency

Winklevoss twins’ crypto exchange Gemini to seek UAE crypto license

June 1, 2023
Bitcoin

Risk of Sharp Drop Below $300

June 1, 2023

© Crypto 24X7 News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Crypto Currency
  • Bitcoin
  • Ethereum
  • Crypto Mining
  • Contact us

© 2022 Crypto 24X7 News Hubb All rights reserved.