Fun

Ethereum Suffers from Unintended ‘Chain Split,’ Third-Party Services ‘Got Stuck on Minority Chain’

News Feed - 2020-11-12 12:11:19

Ethereum Suffers from Unintended "Chain Split," Third-Party Services "Got Stuck on Minority Chain"


According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday. The service providers Infura, Binance, and Blockchair all reported issues with consensus at block height 11,234,873. The cryptocurrency community has been discussing an unintended chain split that took place on the Ethereum blockchain on Wednesday, November 11, 2020. Three major third-party service providers Infra, Binance, and Blockchair all reported on the issues with Ethereum at around 5 a.m. (EST). A number of cryptocurrency community members and Ethereum supporters complained about network issues on Wednesday morning. The issue seems to be minor and resolving at the time of writing. “There was a possible ETH chain split at block 11234873,” tweeted Changpeng Zhao (CZ) the CEO of Binance. “Etherscan and Blockchair are showing two different chains and data after this block. We’re resolving now but have temporarily closed withdrawals. Funds are SAFU,” the exchange operator added.


Blockchair CEO Nikita Zhavoronkov also tweeted about the incident in a thread that explained the situation with Ethereum. “At some point, Ethereum developers introduced a change in the code that led today to a chain split starting from block 11234873 (07:08 UTC),” Zhavoronkov said. “Those who haven’t upgraded (Blockchair, Infura, some miners, and many others) got stuck on a minority chain (~30 blocks in 2 hours). Technically, that was an unannounced hard fork,” he added. Ethereum-dependent services are facing outages following the recent chain split. ETH withdrawals from Nash trading channels are currently failing, but we’re working to resolve the issue as soon as possible.


— Nash (@nashsocial) November 11, 2020


The infrastructure provider Infura also gave details about the incident on the organization’s web portal. “The root cause was traced to several components within our infrastructure which were locked to an older stable version of the go-ethereum client which encountered a critical consensus bug at block 11234873,” Infura noted. “This affected several Geth versions including 1.9.9 and 1.9.13. Components running 1.9.19 and later were unaffected. A full post-mortem will be completed and shared after the incident is resolved.” A number of exchanges including Binance halted withdrawals temporarily. Some users complained about oracle and price feed delays. A number of Ethereum users discussed issues with ETH-based price feeds and ERC20 tokens while using wallets like Metamask. Ethereum Foundation member, Péter Szilágyi responded to Zhavoronkov’s analysis and said: “Technically you are correct that it was an “unannounced hard fork” (from a bad chain to the good one). That said, silently fixing a bug dormant for 2+ years has a much lower chance of causing a disruption than raising awareness to it. We strive to minimize potential damage.” At the time of publication, the price of Ethereum (ETH) is still up over 3% on Wednesday and swapping for $460 per coin.


What do you think about the issues the Ethereum network experienced today? Let us know what you think in the comments section below. Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels NEWS | 30 mins ago Hackers Have Stolen $100 Million From Defi Projects This Year NEWS | 5 hours ago Tags in this story Binance, Binance Halts Withdrawals, Block 11234873, Blockchain, Blockchair, Changpeng Zhao, CZ, ETH, ETH Split, Ethereum, Ethereum Chain Split, Ethereum Foundation, Hard Fork, Infura, Nikita Zhavoronkov, Oracles, Péter Szilágyi, price feed, Unintended Split, Warning


Image Credits: Shutterstock, Pixabay, Wiki Commons Use Bitcoin and Bitcoin Cash to play online casino games here. Show comments

News Feed

The Founder of Wallstreetbets Jaime Rogozinski Discusses Defi, NFTs, and Crypto Regulation
The Founder of Wallstreetbets Jaime Rogozinski Discusses Defi, NFTs, and Crypto Regulation In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became
Daniele Servadei6 hours agoWSJ debacle fueled US lawmakers’ ill-informed crusade against cryptoThe Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from a
Sportsbet.io and Watford FC Wear Heart on Their Sleeves with the Bitcoin Logo
TwitterFacebookLinkedInReddit When Gerard Deulofue ran out onto the pitch on Sunday to meet London rivals Arsenal in
Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC
Prime Minister Modi"s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC The Twitter account of Indian Prime Minister Narendra Modi was com
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform
ReadON Completes $2M Seed Round to Build a Decentralized Content Distribution Platform press release PRESS RELEASE.ReadON ( readon.me), a company that aims to provide users with a b
Singapore flags digital payment tokens as high-risk in AML landscape
Amaka Nwaokocha3 hours agoSingapore flags digital payment tokens as high-risk in AML landscapeSingapore said digital payment token service providers, also known as virtual asset service providers, stand out as a high-ris
Trump's RNC speech gave tech enthusiasts hope for the future
Christopher Koopman1 hour agoTrump"s RNC speech gave tech enthusiasts hope for the futureResidents of Silicon Valley have been boarding the Trump train, and Trump"s speech at the RNC illustrated some of the reasons.381 T
Whales Bought 420 Million Cardano After Trump’s U.S. Strategic Crypto Reserve Announcement – Insights
Este artículo también está disponible en español. Cardano has seen massive volatility since last weekend after an explosive 80% price surge, fueled by President Trump’s
Cryptowisser: Then, Now and What’s Next for NFTs
Cryptowisser: Then, Now and What"s Next for NFTs sponsored Non-Fungible Tokens (NFTs) have been around for some time now, with what is recognized as the first-ever NFT “ Quan
Chainlink Whales Accumulate $77 Million LINK Amid Price Correction – Details
Este artículo también está disponible en español. Amid a general market retracement, prominent altcoin Chainlink has recorded a 29.89% price decline from its local market
Michael Terpin Urges FCC to Curb Crypto Fraud That Cost Him $24 Million
Crypto investor Michael Terpin has written an open letter to Federal Communication Commission (FCC) chairman Ajit Pai requesting urgent action on SIM swapping fraud. Terpin, a victi
2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish
Ciaran Lyons5 hours ago2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullishThe Bitcoin funding rate and three-month annualized basis rates are moving to levels that signal to traders it may just be