In the course of a planned update, the cash () network experienced difficulties processing transactions, exchange on May 15.
Following the expected fork at block 582,680, the network purportedly began to experience issues with transactions.
BitMEX said that the number of transactions per block was low — 0 in the last 9 blocks starting at block 582,687.
cash transaction per block. Source: BitMEX
According to data from , the greatest number of blocks mined after the upgrade were only processing transactions on . In the meantime, BitMEX revealed that their mempool had 1,622 transactions.
Following comments from the community regarding empty blocks, developers appear to have released a to fix the bug.
In April, Cointelegraph that SV — the result of the hard fork of last November — was struggling with its large block size following a series of block re-organizations. In the comments to its finding, BitMEX explain then that it detected two valid competing chains, with a split occurred at block 578,639.
At the time, BitMEX’s node reportedly followed the chain on the left until block 578,642, which further leapt to the right. In about an hour the chain reportedly jumped back to the left side. BitMEX notes that no double spending took place.
Earlier this month, broke that a single address for more than half of the cash transactions in the previous month. The mystery account had made more than 587,000 transactions since it became operational on April 8 of this year.
At press time, cash is the fourth largest in terms of market capitalization on . The coin is currently at around $394.76, having gained 5.44% over the past 24 hours.
Published at Wed, 15 May 2019 21:21:10 +0000
