en
Back to the list

Dash Blockchain Faces Downtime for Hours after Hard Fork Fail, Binance Suspends Mining Rewards

source-logo  coinspeaker.com 23 May 2023 08:35, UTC

The implementation of the Dash Core v19 hard fork has been delayed to June 14. The hard fork intended to improve the security of the Dash network with BLS signatures and ensure high-performance masternode implementation.

On Monday, May 22, the Dash blockchain suspended processing new transactions as well as producing new blocks during the activation of its Dash Core v19 hard fork. Dash’s chief technical officer Samuel Westrich made the announcement through his official Twitter handle.

Samuel wrote:

“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”.

As the Dash blockchain was down, the Dash developers also warned that blocks and transactions on the Dash network are not ChainLocked as well as not InstantSend locked. These are security features unique to the Dash blockchain network.

Dash Core developer Pasta was quick to inform us that they have identified the issue and are working on the fix. “There are two options we are investigating, and everyone is focused on promptly resolving this issue,” Pasta wrote. He also noted that their first priority is to resolve the issue. Pasta said that they might delay the release of the latest Dash Core client update, v19.

The Dash Core developer also said that blocks and transactions on the network won’t be considered final until an update is deployed. Soon following the developments, crypto exchange Binance was quick to announce that its own mining pool for DASH will suspend the distribution of mining rewards until the blockchain resumes the block production.

The Dash Core v19 Hard Fork

Announced last month on April 10, the hard fork intended to improve the security of the Dash network with BLS signatures and implement high-performance master node implementation. Some of the other things planned included wallet improvements, etc.

As per the official description of the v19.1.0 release, the update shall fix bugs. However, the release has been delayed to the next month on June 14. Core developer Pasta noted:

“This release should resolve the chain stall once a sufficient number of masternodes and miners have upgraded. Please be aware of the known issues listed in the release announcement. A reindex may be needed.”

During the previous v18 updates, the Dash blockchain faced similar roadblocks. The Dash blockchain was finally upgraded in January after the v18 update implementation last September 2022. This was because an attempted hack forced some master nodes offline.

As said, the activation of the v19 version will introduce the Dash Mastenodes. These Masternodes usually host full copies of the blockchain while supporting some complex functions of the Dash network. They also have high collateral requirements to operate.

coinspeaker.com