The Cardano (ADA) network has bounced back after the node was hacked by DailyCoin


Cardano (ADA) network bounced back after node outage
  • A blockchain anomaly (ADA) occurred in which approximately 50% of all active nodes were briefly disconnected.
  • This anomaly caused transaction delays and instantaneous degradation, but the network was not required to restart.
  • Input Output Global (IOG) declared the event to be a non-alarming anomaly and the systems behaved as expected.

On Sunday, January 22, 2023, the Cardano blockchain experienced an anomaly where approximately 50% of all active relay and block-producing nodes were disconnected for a short period before automatically restarting. The accident occurred between blocks 8300569 and 8300570 at 09:01 UTC.

According to Cardano developer Rick McCracken, the outage caused transaction delays and a temporary “downtime.” However, the network did not crash, and there was no need to “reboot the network”.

McCracken tweeted:

.tweet-container, .twitter-tweet.twitter-tweet-rendered, blockquote.twitter-tweet min-height: 261px .tweet-container position: dynamic blockquote.twitter-tweet display: flex; max-width: 550px; margin-top: 10px; margin-bottom: 10px blockquote.twitter-tweet pfont: 20px -apple-system, BlinkMacSystemFont, “Segoe UI”, Roboto, Helvetica, Arial, sans-serif .tweet-container div: first-child position: absolute! important .tweet-container div: last-child position: relative! Important

Despite the incident, Input Output Global (IOG) declared that the event was insignificant, as such transient issues were considered in the Cardano node design and consensus, and “the systems behaved exactly as expected.”

Block production was only temporarily affected during this anomaly. A portion of the network is desynchronized for a short period of time before the nodes are automatically restored. IOG published an advertisement for the SPO emphasizing the insignificance of the impact “such as the delays that occur during normal operations and are often seen at epoch boundaries”.

transient abnormality

In the statement, the IOG revealed that the incident “appears to have resulted from a transient anomaly” that caused one of two reactions in the ganglion; Some exceptions have been restarted, others have broken off from a peer.

IOG is investigating the root cause of the malfunction and is working to implement additional monitoring and logging measures. By doing so, they aim to prevent similar incidents from occurring.

The Cardano community responds

Cardano-based DEX SundaeSwap CTO Pi Lanningham tweeted in response:

“The real takeaway for me is how impressively resilient the Cardano network is. Something downed about 60% of the nodes, the network recovered within a few minutes and kept producing blocks the entire time.”
The Cardano (ADA) community is eager to see how the outage will affect price and trading volume. However, the price maintained a stable approximate trading volume at $0.37, an increase of 7.02% from last week.

on the flip side

  • A similar event occurred in the Solana (SOL) Mainnet Beta group on May 3, 2022. The outage lasted seven hours.
  • The Cardano blockchain has not seen any outages for five years; The last accident occurred with the least downtime.
  • The rapid resolution of the outage reflects the practices and expectations behind the development of the Cardano blockchain.

Why should you bother

The anomaly on the Cardano blockchain has once again highlighted the importance of decentralization and the need for strong nodes in any network.

Read more about Cardano founder Charles Hoskinson’s interest in acquiring media giant CoinDesk:

Hoskinson on CoinDesk: “Everyday people should not trust the news they read”

Read more about when Cardano (ADA) flipped DOGE for eighth place by market cap:

Cardano (ADA) is calling for the spotlight as it is up 22% to flip DOGE

See the original on the Daily Queen





Source link

Related Posts

Precaliga