Bitcoin Magazine reported today that the DOGE network’s payouts on the Binance exchange were halted for almost a day after a new update appeared to be buggy. Recently users reported strange side effects – including DOGE free.
But a day later, the exchange announced that it had found a “minor problem” and a temporary time to stop paying out via the DOGE network on Binance. However, users can withdraw DOGE from other networks.
On November 12th, the journalist was Colin Wu report that some Chinese users are said to have received DOGE from failed transactions years ago. But it may be too early to get upset as Binance wants users to return this DOGE before allowing them to retire again.
“According to the Chinese community, several transactions were made due to the Dogecoin upgrade from Binance that failed in previous years. Someone said that they suddenly got DOGE for free. Binance urges users to return, DOGE withdrawals have been suspended. “
In addition, the DOGE Developers Twitter account noticed these strange developments and post a topic that will help users understand the problem.
DOGE developers reminded users about a year ago that Binance was experiencing some “stalled transactions”, possibly due to not paying the fees in full.
“Yesterday we were informed that previously pending transactions (not enough fees) were suddenly successfully transferred after the 1.14.5 update – possibly because the minimum fee was lowered in 1.14.5 …”.
“We believe what happened was that previously stalled transactions were automatically retried, similar to node reboots after the upgrade – and it did because now the minimum fees are low.”
DOGE Developers also announced that Binance has been updated from v1.14.3 to 1.14.5.
There have been mixed reactions as some users claim network charges have gone down while others panic believing a hack is happening.
Dogecoin Core version 1.14.5 aims to fix two “critical vulnerabilities” that could endanger many Dogecoin Core users. In addition, a new minimum transaction fee of 0.01 DOGE / kb is to be confirmed. This is supposed to be a simple upgrade that just installs a new version and reboots the node.
However, Dogecoin Developers insists that they do not see the “stuck transaction” and explain:
“The only thing that could explain this case for Binance is a transaction whose fees were valid in v1.14.5, but invalid (too low) in 1.14.3 and earlier. Please note that Binance has been updated directly from v1.14.3 to 1.14.5 in the last few days. “
The team also provides technical advice to those who are concerned about their failed trades.
At the time of going to press, Dogecoin is the ninth largest coin by market capitalization. It was in tenth place just a few hours ago and is currently trying to break the $ 0.2628 mark.
DOGE price table | Source: Tradingview
Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews
Follow the Youtube Channel | Subscribe to telegram channel | Follow the Facebook page
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…
George Town, Grand Cayman, 22nd November 2024, Chainwire
Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…
Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…
Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…
This website uses cookies.