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Blockchain NewsDeFi News

Dash Blockchain Down for Hours, Developers to Try Again June 14

During the Dash blockchain downtime, Binance also temporarily halted the distribution of Dash mining rewards.

Written By Ronak Kumar
Published 2023-05-23·Updated 2 years ago
Make The Crypto Times preferred on GoogleGoogle
Dash Blockchain Down for Hours, Developers to Try Again June 14

Chief Technical Officer Samuel Westrich announced via tweet on the morning of May 21 that the Dash blockchain experienced a stall during the activation of its Dash Core v19 hard fork. Developers subsequently announced a v19.1.0 fix approximately 13 hours later.

There was a problem during v19 activation of Dash Core. The chain is stalled and currently not producing blocks. We have everyone investigating the issue. I will continue with updates on Twitter as we have more information.

— Samuel Westrich (@SamWestrich) May 22, 2023

During the Dash blockchain downtime, developers pointed out that blocks and transactions lacking ChainLock and InstantSend locks should not be considered final. ChainLocked and InstantSend are exclusive security features of Dash.

During the Dash blockchain downtime, Binance temporarily halted the distribution of Dash mining rewards.

The update, revealed on April 10, aimed to enhance security through BLS signatures and introduce efficient master node implementation and wallet enhancements. These improvements were made in anticipation of the Dash Platform release on the mainnet.

The upcoming v19.1.0 release aims to address bugs, while the release of v19.0.0 has been postponed until June 14. As of now, the Dash blockchain explorer indicates that the most recent Dash block was processed approximately 1 day ago.

Dash’s v18 update was rolled out on September 13, 2022, and underwent further upgrades in January following a hacking attempt that caused certain master nodes to go offline. The blockchain was halted due to the release and subsequent withdrawal of Dash Core v18.2.0.

Dash Core is the underlying network for the Dash privacy coin, which separated from Litecoin in 2014. In April, the United States Securities and Exchange Commission alleged that Dash coin constituted security in its complaint against Bittrex.

Also Read: Bittrex Files Chapter 11 Bankruptcy Following SEC Charges

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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