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XRP Ledger Is Back on Track After Temporary Halt

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Wed, 3/11/2021 - 16:06
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XRP Ledger Is Back on Track After Temporary Halt
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The XRP Ledger stopped processing transactions for about 15 minutes earlier today, according to developer Wietse Wind.

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Every server in the protocol relies on its own unique node list (UNL) for validating new ledgers.

The quorum requirement is set at 80%. If more than 20% of validators cannot reach consensus or remain unavailable, the network is not able to confirm new transactions.

As explained by Wind, four validators were down, which caused the quorum to drop below the required threshold.

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The average close time of a new ledger is about four seconds, but validators were not capable of reaching an agreement, which stopped transaction processing.

The XRP Ledger Foundation claims that the accident did not result in a loss of any transactions.

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Wind says that the network is now working properly after a sudden halt:

Finally: your XRP is safe. No history is lost, the XRPL is working. I believe we need more proactive infrastructure operators.

Ripple CTO David Schwarz supported implementing the Negative UNL feature, which ensures that the network can continue making forward progress even when several validators are down. In this way, transactions would continue being confirmed during a temporary outage:

We need to get the negative UNL feature deployed. More validators is also good, but has some of its own tradeoffs.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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