Helium, the Internet of Things (IoT) blockchain got terminated this Monday for nearly four hours because of the validator outages that resulted from a software update, making a way toward procrastinated transfer finality.
During the respective outage, the devices utilizing the network to transfer the data remained unaffected, however, miner rewards, as well as the token transactions, remained pending. The group corrected the problem by leaving out one block and forwarding the blockchain to resume the usual operations.
The Consensus Group eliminated the creation of blocks at a particular block height of up to 1435692 on the blockchain of the Helium network, as mentioned in the platform’s status update. Due to the deficiency in the network consensus, a hindrance took place in the token transactions, and no new blocks could be manufactured. The status of Helium is that of an IoT network that utilizes actual radio hotspots to permit the consumers to have a connection to the device is thereof no matter where they are within the area of the radio’s coverage.
On the network of Helium, there are nearly forty-three validator nodes in a Consensus Group and the respective notes are chosen randomly in predetermined intervals to offer network consensus. While analyzing the incident, the engineers on the Helium network referred to a couple of causes responsible for topping the validators from performing consensus on the very network. Initially, the problem with a software update to facilitate the validators added fuel to the fire.
The respective update was made to support the MOBILE token as well as the 5G mobile subnetwork. In addition to this, a native network outage was witnessed to make the matter worse. In the Discord channel of the project, Digerati (the Helium moderator) elaborated that a big group of the validators arbitrarily selected as the Consensus Group – when the outage took place – was operating on the very Amazon Web Service (AWS) network that also became a victim to some technical issues.
Although the network could not select some other Consensus Group, its establishment was aimed at pushing the blockchain forward while skipping a block to minimize the situations like the above-mentioned one, as declared by the team. at the moment, HNT is lower than 4.1% during the recent 24 hours, while trading at $ 8.76, as described by CoinGecko.
Tokenhell.com produces top quality content exposure for cryptocurrency and blockchain companies and startups. We have provided brand exposure for thousands of companies to date and you can be one of them too! All of our clients appreciate our value / pricing ratio. Contact us if you have any questions: email@example.com. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.