Crypto News

Dash Block Production Resumes After Disruption Amidst Miner Complaints

Dash Block Production Resumes After Disruption Amidst Miner Complaints
© Copyright Image: Crypto Breaking News

After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by Dash Core 19.1.0, individuals have expressed complaints regarding mining on a different chain.

Complaints Arise as Dash Network Restarts Block Production

On May 22, 2023, the Dash blockchain halted block production at chain height 1,874,879. As of the time of writing, the current block height stands at 1,875,431. Samuel Westrich, CTO of Dash Core Group, addressed the community on May 23 at 11:52 a.m. Eastern Time.

“We are approaching 80% of network updated to v19.1.0,” Westrich tweeted. “Chain locks are forming again. Thanks to the quick response by Masternode Owners the Dash network is fixed and stable again.”

Currently, the Dash network boasts an estimated dedicated hashrate of approximately 3.77 petahash per second (PH/s). On Tuesday, the leading Dash mining pools were Poolin, Viabtc, and F2pool. However, after the 19.1.0 fix, not all individuals were satisfied with the situation. Dash (DASH) is currently trading for $43.39 per unit, down 0.34% over the past 24 hours.

One person asserted that the incident constituted a rollback, resulting in costing “Prohashing’s miners huge amounts of lost money.” The individual said that Dash was not immutable like bitcoin, and he would be “reviewing whether to continue using or mining Dash in any way.”

The Twitter account known as “Dash Community” issued a response to the individual’s accusation, stating: “This is not true. Dash did not roll back the blockchain and no transactions were lost. All that happened was the [transaction]’s were delayed being added to the blockchain and the v19 hard fork was postponed.”

Westrich also replied to the rollback comment and remarked:

Rolling back a chain happens when there is consensus on mined blocks. In this case there was not consensus. Less than 1/4th of the network agreed that chain was correct. A chain lock on Dash makes a block immutable and this chain received no chain locks.

The individual remained dissatisfied with the comments made by the Dash Community Twitter account and Westrich’s statement. He insisted the mining pool Prohashing “mined lots of blocks after restarting its daemons to fix the stuck blockchain.” Additionally, in response to Westrich’s remark, the person stated, “Regardless of the network design, there’s still a major problem here. We’ve never had another coin where you just restart the daemon and it wastes hundreds of dollars.”

Upon receiving the complaints, a Dash Core developer named Pasta extended an apology to the miner. “Sorry you [and] Prohashing had these issues,” Pasta wrote. “We were trying to reach out to all the mining pool that we could; we noticed immediately once a pool started mining invalid blocks.”

In addition, the Dash network is anticipated to experience a reward reduction in around 30 days. The reduction, which is similar to a halving but not a half cut, will see rewards reduced from 2.76371046 DASH to 2.56630257 DASH. The Dash reward reduction is expected to occur on or around June 23, 2023.

What are your thoughts on the recent Dash blockchain disruption and the concerns raised by the individual? Share your perspective and insights in the comments section below.

Source: Bitcoin.com

The post Dash Block Production Resumes After Disruption Amidst Miner Complaints appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/dash-block-production-resumes-after-disruption-amidst-miner-complaints/

Text source: Crypto Breaking News

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
Buy & sell Crypto in minutes

Join BINANCE!

The world's largest crypto exchange

You're just steps away from receiving your reward.

The most complete Crypto News Center.

Search Stories:

Latest top stories