Reportedly, Per Stellar Org, “Around 1:00 am PDT, the Stellar Development Foundation’s validator nodes temporarily stopped validating transactions on the Stellar network. The SDF’s public Horizon API instance is also temporarily down. However, the Stellar Network is still online.
SDF’s engineering team is working to identify the cause and to resolve the issue to bring SDF’s nodes back online as quickly as possible. In an effort to ensure continuity, SDF is also actively working with all Tier 1 validators on the network.
As Stellar Network is decentralized, and the majority of Stellar network validator nodes are still functioning, the network continues to process transactions. The network itself has not halted. Additionally, anyone who runs their own Horizon instance rather than relying on the public SDF instance can still use the API to submit transactions and query network data.”
Live updates about resolving the situation available at status.stellar.org.
Some of them were wondering this was known yet not reported on your Stellar beat metrics page for quite a while, why?
Some called the situation: RIP XLM (2014-2021). It just looks like they need more validators on the network.
Yet someone who is a fan of ADA stated, this is why I love Cardano. Scientific research and papers written by very smart people (moving slow but doing it right, instead of moving fast and break things)
Opportunistically Ripplers stated it is time to switch over to XRP ledger. However, Stellar Community members made the situation look practical stating, it’s natural to have such minor problems. These are the problems that may be a product open for improvement. Everything is fine, even if there is a short term access shortage.
Stellar tweeted: VP of Ecosystem, Justin Rice, joined Blockhash Podcast to share what brought him to blockchain (JedMcCaleb) had something to do with it), what we’re working on at SDF, & the important role the ecosystem plays in growing the network.
In the podcast, Justin Rice and Brandon Zemp spoke about the Stellar Development Foundation, a non-profit organization founded to support the development and growth of the open-source Stellar Lumens network. Justin is the Head of Ecosystem. For clarity, Stellar Lumens is a blockchain designed to support digital representations of any currency.
Users will be able to listen to the full episode wherever they go on Anchor, Spotify, Apple, and Google.
Further, the excitement about USFC continues in the community. It’s widespread adoption and deep-seated global liquidity make it the ideal asset to transact the US dollar around the world. They are doing their best to leverage USDC for global transactions:
Reportedly, Per Stellar Org, “Around 1:00 am PDT, the Stellar Development Foundation’s validator nodes temporarily stopped validating transactions on the Stellar network. The SDF’s public Horizon API instance is also temporarily down. However, the Stellar Network is still online.
SDF’s engineering team is working to identify the cause and to resolve the issue to bring SDF’s nodes back online as quickly as possible. In an effort to ensure continuity, SDF is also actively working with all Tier 1 validators on the network.
As Stellar Network is decentralized, and the majority of Stellar network validator nodes are still functioning, the network continues to process transactions. The network itself has not halted. Additionally, anyone who runs their own Horizon instance rather than relying on the public SDF instance can still use the API to submit transactions and query network data.”
Live updates about resolving the situation available at status.stellar.org.
Some of them were wondering this was known yet not reported on your Stellar beat metrics page for quite a while, why?
Some called the situation: RIP XLM (2014-2021). It just looks like they need more validators on the network.
Yet someone who is a fan of ADA stated, this is why I love Cardano. Scientific research and papers written by very smart people (moving slow but doing it right, instead of moving fast and break things)
Opportunistically Ripplers stated it is time to switch over to XRP ledger. However, Stellar Community members made the situation look practical stating, it’s natural to have such minor problems. These are the problems that may be a product open for improvement. Everything is fine, even if there is a short term access shortage.
Stellar tweeted: VP of Ecosystem, Justin Rice, joined Blockhash Podcast to share what brought him to blockchain (JedMcCaleb) had something to do with it), what we’re working on at SDF, & the important role the ecosystem plays in growing the network.
In the podcast, Justin Rice and Brandon Zemp spoke about the Stellar Development Foundation, a non-profit organization founded to support the development and growth of the open-source Stellar Lumens network. Justin is the Head of Ecosystem. For clarity, Stellar Lumens is a blockchain designed to support digital representations of any currency.
Users will be able to listen to the full episode wherever they go on Anchor, Spotify, Apple, and Google.
Further, the excitement about USFC continues in the community. It’s widespread adoption and deep-seated global liquidity make it the ideal asset to transact the US dollar around the world. They are doing their best to leverage USDC for global transactions:
