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Stellar’s ‘decentralized’ blockchain crashed for 2 hours and nobody realized

Thursday, May 16, 2019 by Piyush Suthar | Comments

Home News Tech Stellar’s ‘decentralized’ blockchain crashed for 2 hours and nobody realized

Stellar’s blockchain suffered a “cascading failure” that halted transactions for roughly two hours on May 15. Breaking: yesterday the Stellar network went down for about 2 hours… only those who run validators noticed it. no new transactions were added for ~2 hours. network stats:https://t.co/eSRYFPjDQi — Tim Swanson (@ofnumbers) May 16, 2019 “What basically happened was that a critical mass of nodes went down causing a cascading failure and so the entire network went down but because it isn’t frequently used, few noticed,” tweeted Swanson, head of research at technology firm Post Oak Labs. The downtime was confirmed by a Stellar Foundation…

This story continues at The Next Web

Authored by Piyush Suthar
Pro Blogger


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