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    Home»Crypto»Ripple’s XRP Ledger Suspended for An Hour: CTO Provides Explanation
    Ripples XRP Ledger Suspended for An Hour CTO Provides Explanation
    Crypto

    Ripple’s XRP Ledger Suspended for An Hour: CTO Provides Explanation

    financeBy financeFebruary 5, 2025No Comments4 Mins Read
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    In the dynamic world of blockchain technology, even the most reliable networks can experience temporary disruptions. Such an event occurred with the XRP Ledger (XRPL) on February 4 when it temporarily ceased operations for slightly over an hour. This incident, which ensured a halt in the ledger at block height 93927174 for a period of 64 minutes, concluded when the validators successfully jumpstarted the system at 10:58 am UTC. David Schwartz, the Chief Technology Officer at Ripple, confirmed this occurrence through public statements.

    Temporary Freeze of XRP Ledger

    During this halt, no new validations were recorded on blockchain explorers, which incited broad speculation within the XRP community. Schwartz, colloquially known as “JoelKatz”, quickly responded to these concerns on social media to allay worries and share his tentative conclusions.

    Schwartz mentioned that although the problem’s exact cause was unknown, some preliminary observations had been made. These included the fact that while consensus seemed to be running, validations were not being published. This caused a divergence within the network. From there, validator operators took manual action to pick a reasonable starting point (after the last fully validated ledger) and began publishing validations from there.

    By the time several validations were released by multiple sources, the network successfully restored consensus. This led to ledger resumption, though Schwartz reiterated that the conclusions were preliminary. He later updated, stating that only one validator operator manually intervened though it was not fully clear if this action resolved the issue or if the network self-recovered.

    RippleX Input and Ripple’s Reputation

    After the system restarted, RippleX, the developer centric part of Ripple Labs, also commented on the occurrence. They assured that the XRP Ledger was continuing forward progress and the team was actively investigating the root cause and would provide updates promptly. They also made sure to remind users that their funds remained safe despite the temporary disruption.

    This event underlines the broader realities witnessed in distributed ledger systems. In such systems, validator and consensus behaviours are integral to maintaining network stability. It’s not the first time the XRPL has encountered technical difficulties. Over the past year, it faced a crash in node in November and full history node failures in September.

    Despite these occasional hiccups, XRPL is renowned for its reliability and speed. At the time of reporting, XRP was trading at $2.4979.

    FAQs

    What happened to the XRP Ledger on February 4?

    The XRP Ledger faced a network halt that lasted for a little over an hour before successfully resuming operations.

    Who confirmed this occurrence?

    The Chief Technology Officer at Ripple, David Schwartz confirmed the incident.

    How did the network recover from the halt?

    Although the exact process is not fully clear, it involved a manual intervention by a validator operator, leading to the issuance of a few validation from several sources, which restored consensus and brought the ledger back on track.

    How does such a disruption affect cryptocurrency users?

    Although such disruptions may cause temporary inconvenience or concern, Ripple and RippleX reassured users that their funds remained safe during the halt.

    Notably, for the ones who are keen on monitoring the future prospects of OKB, we suggest downloading an esteemed cryptocurrency application such as Finances Zippy. It will offer insightful price predictions and market trends.

    Instead of previously mentioned incomplete or misplaced references, we encourage our readers to explore our article on “FansTime FTI Price in USD” for comprehensive information on the subject.

    We hope this in-depth analysis on Fantom has brought clarity and offered substantial value. The article was designed to be SEO-friendly, with the inclusion of structured headings and targeted keywords. The FAQs aim to address the commonly asked queries, contributing further value to the content.

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