The Internet of Things (IoT) blockchain Helium shut down for about 4 hours on Monday due to validator outages from a software update, causing delayed transaction finality.
During the outage, devices transferring data over the network were not affected, but miner rewards and token transfers were left pending. The team resolved the issue by skipping the blockchain forward by one block and resuming normal functions.
At 10:20 am EST, the Consensus Group stopped producing blocks at block height 1435692 on the Helium blockchain, according to a status update. Lacking network consensus, token transfers could not be completed, and new blocks were not being produced.
We’re back folks. The chain just processed block 1,435,693. We’ll continue to monitor the chain throughout the day.
— Helium (@helium) July 11, 2022
Helium is an IoT network that uses physical radio hotspots to allow users to connect to their devices from anywhere there is radio coverage. On the Helium network, a Consensus Group...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...