free page hit counter

According to a number of third-party infrastructure providers, the Ethereum blockchain suffered an inadvertent hard fork or chain split on Wednesday. The service providers Infura, Binance and Blockchair all reported consensus issues at block height 11,234,873.

  • The cryptocurrency community has discussed an inadvertent chain split that took place on the Ethereum blockchain on Wednesday November 11, 2020.
  • Three major third-party service providers Infra, Binance and Blockchair all reported the issues with Ethereum around 5am (EST).
  • A number of members of the cryptocurrency community and Ethereum supporters complained about network problems Wednesday morning. The issue seems minor at the time of writing and is being resolved.
  • There was a possibility ETH chain split in block 11234873, ”tweeted Changpeng Zhao (CZ) the CEO of Binance. “Etherscan and Blockchair show two different chains and data after this block. We fix it now, but have temporarily closed the recordings. Funds are SAFU, ”the exchange operator added.

Ethereum suffers from accidental 'chain split,' few third-party services 'are stuck in minority chain'

  • Blockchair CEO Nikita Zhavoronkov also tweeted about the incident in a thread explaining the situation with Ethereum. “At one point, Ethereum developers made a change to the code that today resulted in a chain split from block 11234873 (07:08 UTC),” Zhavoronkov said. “The ones that haven’t been upgraded (Blockchair, Infura, some miners and many others) got stuck in a minority chain (~ 30 blocks in 2 hours). Technically, that was an unannounced hard fork, ”he added.
  • Infura provider Infura also provided details of the incident on the organization’s web portal. “The root cause was traced to several components within our infrastructure locked on an older stable version of the go-ethereum client that encountered a critical consensus bug in block 11234873,” noted Infura. This affected several Geth versions, including 1.9.9 and 1.9.13. Components from 1.9.19 and later were not affected. A full post mortem will be completed and shared after the incident is resolved. “
  • A number of exchanges, including Binance, have temporarily halted withdrawals. Some users have complained about delays in the Oracle and Prize feed. A number of Ethereum users discussed issues with ETH based pricing feeds and ERC20 tokens while using wallets such as Metamask.
  • Péter Szilágyi, a member of the Ethereum Foundation, responded to Zhavoronkov’s analysis, saying, “Technically, you’re right that it was an” unannounced hard fork “(from a bad chain to the good one). That said, quietly fix it A bug that has been dormant for more than 2 years has a much lower chance of causing a failure than making it aware. We strive to minimize potential damage. “
  • At the time of publication, the Ethereum price was (ETH) is still up more than 3% Wednesday, trading at $ 460 a coin.

What do you think about the problems the Ethereum network has been experiencing today? Let us know what you think in the comments below.

Tags in this story

Binance, Binance will stop withdrawals, Block 11234873, Blockchain, Blocking seat, Changpeng Zhao, CZ, ETH, ETH Split, Ethereum, Split Ethereum chain, Ethereum Foundation, Hard fork, Infura, Nikita Zhavoronkov, Oracles, Péter Szilágyi, price feed, Inadvertent split, Warning

Image Credits: Shutterstock, Pixabay, Wiki Commons

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *