Approximately fifty percent of Cardano (ADA) nodes fell down over the weekend owing to an “anomaly.” Still, the network soon recovered, according to Input Output Global.
IOG states in a Telegram message that the incident had just a short effect on block production.”
“The nodes either disengaged from a peer or raised an exception and resumed, depending on how they reacted to the temporary abnormality that precipitated this. In designing the Cardano-node and consensus, these temporary difficulties were accounted for. The systems performed just as anticipated.
A segment of the network fell out of sync before nodes were restarted, which had little effect on block production. Therefore, the effect was negligible, on par with the delays in routine operations and often observed at epoch borders. Most nodes recover automatically.”
“Last night, during the Cardano network malfunction, the whole network did not fall down. There was a short period of decline. The majority of damaged nodes have smoothly recovered. No restart of the network was necessary.”
Tom Stokes, another stake pool operator for Cardano, praised the network’s reaction as proof of “why decentralization matters.”
On GitHub, a more thorough description of the situation was discussed. Currently, Cardano’s native coin ADA is trading at $0.378 with a marginal daily rise.
Also Read: EU Banks Are Subject To Tougher Regulations For Cryptocurrency Holdings
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
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