Filecoin community suffers short-term outage

HomeCrypto News

Filecoin community suffers short-term outage

Decentralized storage protocol Filecoin (FIL) got here to a standstill on Dec. 19 as a bug brought on instability on the community. In keeping with



Decentralized storage protocol Filecoin (FIL) got here to a standstill on Dec. 19 as a bug brought on instability on the community. In keeping with a venture standing report issued by the Filecoin crew:

“The Filecoin community is halted with most nodes caught at top 336459 with mismatched state compute error attributable to indeterminate conduct.”

Based mostly on the timeline given within the standing replace, it took lower than 4 hours for the Filecoin dev crew to repair the issue. As a part of the answer, miners needed to improve to the brand new Lotus shopper.

As a result of community outage, exchanges like HBTC and KuCoin served notices to their customers, asserting the suspension of FIL deposits and withdrawals. As of press time, each platforms are but to reverse the choice.

Certainly, the Filecoin crew suggested exchanges to disable deposits and withdrawals till they’re comfy with the standing of the chain. FIL is at the moment down greater than 7% over the past 24-hour buying and selling interval.

In keeping with TokenSoft CEO Mason Borda, the community outage didn’t have an effect on Wrapped Filecoin (wFIL). As beforehand reported by Cointelegraph, Tokensoft and Anchorage launched wFIL to be used on Ethereum again in November.

On the time, Filecoin had simply crossed the 1 exbibyte, or EiB, community storage threshold, equal to about 1 billion gigabytes. This determine now stands at 1.48 EiB with over 854 lively miners in accordance with the info from the Filecoin dashboard.