Major v17 update causes 4-hour Cosmos Hub downtime, ATOM token stable
Major v17 update causes 4-hour Cosmos Hub downtime, ATOM token stable Major v17 update causes 4-hour Cosmos Hub downtime, ATOM token stable
Cosmos co-founder Ethan Buchman talked about the upgrade became the largest internal the ecosystem within the previous year.
Duvet art work/illustration by CryptoSlate. Image contains mixed roar that would possibly well well consist of AI-generated roar.
On June 5, the Cosmos Hub blockchain community skilled an outage lasting round four hours attributable to a bug stumbled on for the length of the implementation of the v17 upgrade.
The Cosmos team talked about that the bug became a Liquid Staking Module (LSM) security vulnerability. While builders without warning identified and resolved the bug, block manufacturing on the community did no longer resume unless most validators had applied the patch. It talked about:
“The teams at Informalinc and HyphaDoesCosmos bear issued a fix for the bug that became stumbled on. We’re at show veil at 55% of validators who bear applied the patch. We encourage any final validators who haven't but applied the patch to execute so.”
In maintaining with recordsdata on the firm’s legitimate X contend with, the community began producing blocks at round 12:30 A.M. GMT. The firm also talked about that its builders would launch a detailed publish-mortem file.
Ethan Buchman, the co-founder of Cosmos, explained that downtime for the “Hub is uncommon, but it completely happens.” He added:
“Bugs will happen. Chains will slither down. Chains will near encourage up. Critical ingredient is to bear dedicated devs and validators working to repair points once they come up.”
The Cosmos Hub objectives to manufacture hundreds of interconnected blockchains internal the Cosmos Community. It operates on a proof-of-stake consensus mechanism, enabling participants to stake their ATOM coins and assemble rewards.
Interestingly, the community points had minute affect on the ATOM token, which remained stable at $8.65 as of press time, up 0.67%.
v17 upgrade
The v17 upgrade became one in every of the most anticipated updates internal the Cosmos ecosystem just currently. In maintaining with recordsdata from Mintscan, over 136 million ATOM tokens, an identical to 99.8% of the total votes, supported it.
The upgrade introduces parts from the “partial location security” proposal to the Cosmos ecosystem. Blockhunters, a web3 staking infrastructure provider, talked about:
“This characteristic permits unique user chains to customize validator participation and placement heaps of operational parameters, equivalent to balloting energy caps and decide-in choices for validators.”
Moreover, Buchman also described the upgrade as “the largest in at least a year,” adding that it brings “the lengthy-awaited ICS2.0.”
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Cosmos is a blockchain ecosystem the set hundreds of dApps interoperate to manufacture the root for a singular token economy.
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