Canto Blockchain Experiences Extended Outage

Sunday, 11 August 2024, 18:35

Canto blockchain has been offline for two days due to a significant 'consensus issue' that disrupted its operations. As a result, the CANTO token saw an initial plunge of 21% before managing to recover over the weekend. This outage raises concerns about the blockchain's stability and reliability in handling transactions and maintaining consensus among validators.

LivaRava Technology Default — Canto Blockchain Experiences Extended Outage

Understanding the Canto Blockchain Outage

The Layer-1 blockchain Canto has suffered a two-day outages caused by a significant consensus issue.

Impact on CANTO Token

The token saw an initial drop of 21%
Recovery efforts were observed over the weekend

This situation brings to light the vulnerabilities in blockchain operations, highlighting the need for improved consensus mechanisms.

Conclusion

The recent downtime of Canto blockchain raises questions about its reliability, and the incident serves as a reminder of the crucial role consensus plays in blockchain technology.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.