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Dash Blockchain Collapses After A Botched Upgrade

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Dash, the open-source proof-of-work blockchain, is down after a recent fork failure in the hard fork. The flaw prevents the network from creating blocks, effectively preventing users from transferring value or making payments securely.

Dash Blockchain is down

As of May 23, the Dash blockchain explorer Offers The last batch of transactions was confirmed about 28 hours ago. The network outage coincides with a failed upgrade on May 22 that would have seen the platform code updated to version 19.0.0.

Dash block generation: Blockchain Explorer

The bug in the failed hard fork relates to how the consensus algorithm was implemented in version 19.0.0. It made the network unstable, forcing block generation to go offline.

The start date of the hard fork has been pushed back to June 14th. However, the developers rushed to release a temporary fix about 13 hours after noticing the block generation errors.

Version 19.0.0 was released in April 2023 with the goal of improving BLS signatures, reducing block size, and helping to scale the network. Improving these signatures would have made the blockchain more efficient and reliable.

Other changes included implementing a high-performance master token and improving the core wallet. Masternodes serve different functions, including powering some of the platform’s core features such as private sending and instant sending.

The Instant Send feature allows users to send payments instantly without on-chain confirmation. This feature can be used with Private Send, a tool that combines transactions and obfuscates transaction paths.

Dash price on May 23 |  Source: DASHUSDT On Binance, TradingView
Dash price on May 23 | source: DASHUSDT on Binance, TradingView

to intervene

The developers have since released v19.1.0, which is a “minor release, which brings several bug fixes and other improvements”, with the bug being acknowledged in v19.0.0. They add that this version is mandatory, and all validators must integrate.

An excerpt from the 19.1.0 Help on GitHub reads:

Hard Fork 19’s start date has been pushed back to June 14th. The earliest hard fork date will be approximately two weeks after that date. A new release will be required before this date to ensure a solid and smooth fork.

Meanwhile, v19.0.0 release notes connection It has since been demolished.

On May 22nd, Samuel Westrich, Chief Technical Officer (CTO), He said They are still investigating the issue but will continue to update the community on Twitter.

However, while the team was investigating the issuer, another developer working on Dash core, the main code that runs the blockchain, said that they are “balancing the desire to fix these issues against the need to continue to forge the block.”

Even amid this developer warned that “Blocks and transactions on the Dash network that are not ChainLocked and not locked for instant transmission should not be assumed to have true finality.”

Block production has also been halted, as has Binance hanging Distribution of mining rewards from their Dash Binance pool. However, the normal distribution will resume once mass generation has begun.

Featured image from Canva, chart from TradingView

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