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22 April 2021

Stellar Network Faces Outage Following Offline Validators, Coinbase to Investigate

Stellar Network Faces Outage Following Offline Validators, Coinbase to Investigate


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Stellar Network Faces Outage Following Offline Validators, Coinbase to Investigate.

After a 2019 network freeze, the Stellar network has been hit by yet another crisis.

Stellar’s official update shows that some critical validators have been dropped out of the network by an unexplained technical failure.  As of 13:26 UTC, engineers from the Stellar Development Fund(SDF) examined the technical problems that led to the validators dropping off.

Currently, the update given by the network has confirmed that they don’t know when they will fix the issue, for the transaction system to go back to normal.

As the bug is being fixed,Coinbasehas confirmed that they are looking into the matter.

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