Canto Blockchain Faces 33-Hour Outage: All Funds Safe

Sunday, 11 August 2024, 22:50

Canto, an L1 blockchain based on Cosmos, recently encountered a significant 33-hour outage due to consensus issues. Despite the operational challenges, the network has confirmed that no funds were stolen during the downtime. The development team is actively working on an upgrade to rectify the consensus problem and restore normal functionality. This incident highlights the importance of blockchain reliability and suggests a need for ongoing improvements in network consensus mechanisms.

Techreport — Canto Blockchain Faces 33-Hour Outage: All Funds Safe

Canto Blockchain Outage Overview

The Canto blockchain, built on the Cosmos framework, suffered a notable 33-hour outage affecting its operations.

Details of the Outage

Cause of outage: Issues with consensus mechanism.
Duration: 33 hours.
Impact on funds: No funds were stolen during the downtime.

Future Actions

The development team is focused on implementing an upgrade to fix the identified issues.

Conclusion

This incident serves as a reminder of the challenges blockchain systems face and underscores the necessity for robust consensus protocols to ensure security and operational integrity.

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.

Canto Blockchain Outage Overview

Details of the Outage

Future Actions

Conclusion

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