Stellar’s ‘decentralized’ blockchain crashed for 2 hours and nobody realized

Stellar’s ‘decentralized’ blockchain crashed for 2 hours and nobody realized

Stellar’s blockchain suffered a “cascading failure” that halted transactions for roughly two hours on May 15.

“What basically happened was that a critical mass of nodes went down causing a cascading failure and so the entire network went down but because it isn’t frequently used, few noticed,” tweeted Swanson, head of research at technology firm Post Oak Labs.

The downtime was confirmed by a Stellar XLM Foundation rep in a Reddit post. According to network monitoring services, the blockchain appears to be back to normal (at pixel time.)