Major v17 update causes 4-hour Cosmos Hub downtime, ATOM token stable

On June 5, the Cosmos Hub blockchain web experienced an outage lasting astir 4 hours owed to a bug discovered during the implementation of the v17 upgrade.

The Cosmos squad stated that the bug was a Liquid Staking Module (LSM) information vulnerability. While developers swiftly identified and resolved the bug, artifact accumulation connected the web did not resume until astir validators had implemented the patch. It stated:

“The teams astatine Informalinc and HyphaDoesCosmos person issued a hole for the bug that was found. We’re presently astatine 55% of validators who person implemented the patch. We promote immoderate remaining validators who person not yet implemented the spot to bash so.”

According to accusation connected the firm’s authoritative X handle, the web began producing blocks astatine astir 12:30 A.M. GMT. The steadfast besides mentioned that its developers would merchandise a elaborate post-mortem report.

Ethan Buchman, the co-founder of Cosmos, explained that downtime for the “Hub is rare, but it happens.” He added:

“Bugs volition happen. Chains volition spell down. Chains volition travel backmost up. Important happening is to person dedicated devs and validators moving to hole issues erstwhile they arise.”

The Cosmos Hub aims to make thousands of interconnected blockchains wrong the Cosmos Network. It operates connected a proof-of-stake statement mechanism, enabling participants to involvement their ATOM coins and gain rewards.

Interestingly, the web issues had small interaction connected the ATOM token, which remained unchangeable astatine $8.65 arsenic of property time, up 0.67%.

v17 upgrade

The v17 upgrade was 1 of the astir anticipated updates wrong the Cosmos ecosystem recently. According to data from Mintscan, implicit 136 cardinal ATOM tokens, equivalent to 99.8% of the full votes, supported it.

The upgrade introduces features from the “partial acceptable security” connection to the Cosmos ecosystem. Blockhunters, a web3 staking infrastructure provider, stated:

“This diagnostic allows new user chains to customize validator information and acceptable assorted operational parameters, specified arsenic voting powerfulness caps and opt-in choices for validators.”

Moreover, Buchman besides described the upgrade arsenic “the biggest successful astatine slightest a year,” adding that it brings “the long-awaited ICS2.0.”

The station Major v17 update causes 4-hour Cosmos Hub downtime, ATOM token stable appeared archetypal connected CryptoSlate.