Dash Network in Turmoil: Blockchain Glitch Sparks Stagnation

• Dash experienced a turbulent episode in transaction processing and block production, causing a temporary stagnation in the chain’s momentum.
• The issue was revealed by Dash Core Group CTO, Samuel Westrich, through a dramatic Twitter announcement.
• The release of Dash Core v19 led to an unforeseen hiccup, resulting in the chain’s downtime.

In the wee hours of Monday morning, Dash encountered a turbulent episode in its transaction processing and block production, as revealed by the esteemed Dash Core Group CTO, Samuel Westrich. With a flair for technological drama, Westrich took to the virtual realm of Twitter to unveil a gripping tale of activation gone awry.

The unveiling of Dash Core v19 proved to be a double-edged sword, as an unforeseen hiccup seized the chain’s momentum, plunging it into an unexpected state of stagnation.

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

Amidst the short downtime of the Dash network, the vigilant developers issued a solemn reminder that carried a profound message. Echoing through the digital corridors, their words resounded with caution and wisdom.

“Behold,” they warned, “the blocks and transactions within the Dash realm, lacking the steadfast embrace of ChainLocks and the protective shield of InstantSend, must not be naively perceived as bearing the mark of absolute finality.”

Binance Halts Dash Mining Rewards Amid Blockchain Glitch

The recent technical glitch on the Dash blockchain had a ripple effect on Dash holdings across various exchanges. Adding to the explosive situation, the renowned global cryptocurrency exchange, Binance, took decisive action by suspending the distribution of Dash mining rewards during the blockchain’s momentary lapse.

On September 13, 2022, the Dash network implemented the v18 update, which underwent further upgrades in January following an attempted hack that led to the temporary offline status of certain master nodes. The interruption of the chain occurred due to the release and subsequent withdrawal of Dash Core v18.2.0.

Recommended For You:

Dash (DASH) Price Prediction 2022 – Will DASH Hit $100 Soon?