CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Extended Outage Plagues Polygon Network

March 11, 2022
in Crypto News
Reading Time: 3 mins read
A A
0
Extended Outage Plagues Polygon Network
0
SHARES
9
VIEWS
ShareShareShareShareShare

RELATED POSTS

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

The Polygon Network was down for hours after a bug in its Heimdall node halted the block producer. 

Polygon Network Latest To Crash

The issue came to light when network developers notified users on March 10 at 4.20 PM UTC that maintenance was required on one of the network’s three layers, which could cause a downtime starting at around 5.50 PM UTC.

The team tweeted, 

“We suspect there may have been a bug in the upgrade which affected consensus and caused different Heimdall validators to be on different versions of the chain, thereby not reaching 2/3 consensus.”

The Solana network, for example, had multiple infamous network outages just a few months back. 

Bug In The Node Halts Validation

The Polygon team has not revealed the exact cause of the outage. The team has only stated that the module that acts as the PoS bridge between Ethereum and Polygon needed a “minor parameterization fix.” However, one outlook is that a bug was affecting the Heimdall node, which acts as a verifier layer creating checkpoints. Because of the bug, the Heimdall validators started using different chain versions and failed to reach 2/3 consensus. The Heimdall outage then, in turn, put a pause on the block producer layer, the Bor node, and caused the blackout on the user-facing Proof-of-Stake chain. 

The team has clarified that since Heimdall only acts as a validator and does not handle transactions between users, the funds are safe and have not been affected by the outage. 

Team Polygon Struggles To Fix Issue

The Polygon team attempted to fix the issue by deploying a hotfix to continue making blocks. Although initially, the hotfix was not taking effect, finally, around 1.49 AM UTC, the team announced on Twitter that the hotfix had worked and the network was up and running once again. 

The tweet read, 

“Polygon PoS has resumed operation as the team has deployed a temporary hotfix to address the issue. All user funds are safe. We’re working on a long-term solution and will continue to update the official forum and other channels.”

Consequences Of The Outage

The network outage lasted for hours and was clearly an inconvenience for the Polygon community, who were unable to generate blocks. Many of the users took to Twitter to express their dissatisfaction over not being able to work on the network. However, despite the hours-long breakdown, the native token of the Polygon network, the MATIC, remained mostly unaffected. It is still the 16th largest crypto by market cap and is currently outperforming Bitcoin. Furthermore, Polygona has also announced that MATIC tokens worth over $3.9 billion have been staked in its validator ecosystem, with participants receiving a total of over $700 million worth of rewards.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.


Credit: Source link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

Thailand Approves Tax Relief Measures for Crypto Trading – Taxes Bitcoin News

Next Post

Novogratz Comments on Biden’s Executive Order

Related Posts

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
Crypto News

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)
Crypto News

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026
Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link
Crypto News

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

April 8, 2026
Next Post
Jerome Powell Could Slow Down The Cryptocurrency Industry, Mike Novogratz Says

Novogratz Comments on Biden's Executive Order

Sanctions on Russia pile up

Sanctions on Russia pile up

Recommended Stories

No Content Available

Popular Stories

  • Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

    Optimizing LLM Inference Costs: A Comprehensive Guide

    0 shares
    Share 0 Tweet 0
  • BlockDAG Races Toward $600M: Almost at $100M as Big Whales Join—Litecoin & Aptos News

    0 shares
    Share 0 Tweet 0
  • 16 Settlements Finalized in Two Years Indicate Heightened Regulatory Focus

    0 shares
    Share 0 Tweet 0
  • Musk on Crypto Twitter’s ‘Most Annoying Problem,’ Bored Ape NFTs, Mt Gox Bitcoins, and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News

    0 shares
    Share 0 Tweet 0
  • Satoshi Nakamoto’s Bitcoin Holdings Now Tracked on Arkham

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.