Celo Network Is Back Up After Almost 24h Outage
After almost a day of trouble, Celo network is officially back up and running with an upgraded version of the validator node.
Celo network back online
Celo is an open-source blockchain that enables users with phone numbers to make payments with crypto by using their phone numbers as a proxy for public keys.
Celo Network updated its Twitter followers after the network came back online, noting it was the network’s first outage since the mainnet launch on April 22, 2020, and that it has begun a “thorough and expedited technical analysis” to get to the bottom of the issue.
As updated in an article by Coincu News, the protocol made the initial announcement that the network had stalled on July 14 at 12:04 am (UTC) at block 14,035,018, assuring that “all funds are safe.”
As at the time of writing, the network appears to be up and running again following an upgrade of its validator nodes to version 1.5.8, according to a Celo block explorer.
On the protocol’s Discord channel, one of the network’s validators with the username “Dee” said they saw the latest outage as “part of the growing pains” of the network but that they remained confident in the fundamentals as it was the first network halt in over two years.
“Even Visa had some network outage over the past two years despite being a market leader in payments for over 60 years.”
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Celo Network Is Back Up After Almost 24h Outage
After almost a day of trouble, Celo network is officially back up and running with an upgraded version of the validator node.
Celo network back online
Celo is an open-source blockchain that enables users with phone numbers to make payments with crypto by using their phone numbers as a proxy for public keys.
Celo Network updated its Twitter followers after the network came back online, noting it was the network’s first outage since the mainnet launch on April 22, 2020, and that it has begun a “thorough and expedited technical analysis” to get to the bottom of the issue.
As updated in an article by Coincu News, the protocol made the initial announcement that the network had stalled on July 14 at 12:04 am (UTC) at block 14,035,018, assuring that “all funds are safe.”
As at the time of writing, the network appears to be up and running again following an upgrade of its validator nodes to version 1.5.8, according to a Celo block explorer.
On the protocol’s Discord channel, one of the network’s validators with the username “Dee” said they saw the latest outage as “part of the growing pains” of the network but that they remained confident in the fundamentals as it was the first network halt in over two years.
“Even Visa had some network outage over the past two years despite being a market leader in payments for over 60 years.”
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Foxy
CoinCu News
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