Token

Cosmos

Decentralized derivatives exchange protocol dYdX faced a chain halt during a planned upgrade.
<h2 id="dydx-experiences-chain-outage-during-planned-upgrade-engineers-examine">dYdX Experiences Chain Outage During Planned Upgrade; Engineers Examine</h2>
According to the incident report, the outage began at 9:50 a.m. and block production stopped shortly thereafter. dYdX engineers are currently conducting debugging efforts to identify and address the root cause of the issue.
This event marks the first significant outage for the protocol since the release of dYdX version 4 and the standalone Cosmos blockchain on the mainnet in October.
Related News: <a href="https://en.bitcoinsistemi.com/ripple-ceo-shared-his-market-predictions-for-2024-he-highlighted-two-important-developments-here-are-the-details/" target="_blank" rel="noopener noreferrer nofollow">Ripple CEO Shared His Market Predictions for 2024: He Highlighted Two Important Developments! Here are the Details</a>
The dYdX Chain was scheduled to undergo a v4.0.0 protocol upgrade on the day of the event, potentially resulting in disruptions in functionality. While the planned maintenance was completed successfully at 06:30, the problem of the chain stopping occurred only 20 minutes later.
In a status update at 12:21 p.m., dYdX stated that investigations into the issue are ongoing and network validators are expected to reconvene at 18:00.
Despite the ongoing outage, there appears to be no significant impact on the price of the dYdX token, which is up over 4% in the last 24 hours.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/an-outage-occurred-in-the-decentralized-derivatives-exchange-protocol-network-how-was-the-token-price-affected-here-are-the-details/" rel="noopener noreferrer nofollow">An Outage Occurred in the Decentralized Derivatives Exchange Protocol Network! How Was the Token Price Affected? Here are the Details</a>

An Outage Occurred in the Decentralized Derivatives Exchange Protocol Network! How Was the Token Price Affected? Here are the Details

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