Auto Added by WPeMatico

Avalanche Blockchain Faces Outage Amid Inscription Wave: AVA Labs Investigates

The Avalanche blockchain has encountered a disruption due to a “stall in block finalization.” AVA Labs’ co-founder, Kevin Sekniqi, suggested that the problem might stem from a recent surge in…

Continue ReadingAvalanche Blockchain Faces Outage Amid Inscription Wave: AVA Labs Investigates

Polygon primed for hard fork aimed at reducing gas fee spikes: New details revealed

Polygon told Cointelegraph that the hard fork will take effect at block 38,189,056, which will be initiated without the influence of centralized actors.

Continue ReadingPolygon primed for hard fork aimed at reducing gas fee spikes: New details revealed

Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’

The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered…

Continue ReadingSolana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’

Ethereum Devs Successfully Complete Merge Shadow Fork With No ‘Client Incompatibility Issues’

Next week or roughly around four days from now, The Merge is expected to be implemented and Ethereum will transition from proof-of-work (PoW) to proof-of-stake (PoS). According to Ethereum developers,…

Continue ReadingEthereum Devs Successfully Complete Merge Shadow Fork With No ‘Client Incompatibility Issues’

Ethereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production

The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was successfully codified…

Continue ReadingEthereum Implements Bellatrix — Network’s Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production

Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised

The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners…

Continue ReadingSolana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised

Solana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized

On June 1, 2022, the Solana network halted block production again as the blockchain network has stopped working a number of times during the network’s lifetime. According to the Solana…

Continue ReadingSolana Halts Block Production, Validators Told to Prep for a Restart, Network’s Decentralization Criticized

Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch

At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed…

Continue ReadingTerra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch

Blockstream’s Liquid Sidechain Criticized Over Long Outage — Block Signing Issue Related to Upgrade

On Tuesday, cryptocurrency supporters on social media and forums discussed Blockstream’s Liquid sidechain product as block signing had been down for over 20 hours. While Blockstream had noted the sidechain…

Continue ReadingBlockstream’s Liquid Sidechain Criticized Over Long Outage — Block Signing Issue Related to Upgrade