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Showing posts with the label 1. #XRPL 2. #XRP 3. #cryptocurrency 4. #blockchain 5. #networksecurity 6. #investing 7. #digitalassets 8. #cryptoupdates

XRP Ledger Suffers Hour-Long Outage Before Recovery: Ripple CTO Says 'Silent Network' Failure Didn't Impact User Funds

The incident lasted about 1 hour and 5 minutes, and within 10 minutes of that the network was fully functional. There may be some transactions that take longer to process as the network catches up,” said Schwartz in a tweet. The XRPL Network Goes Down: The XRP Ledger, one of the top cryptocurrencies in the market, faced a major disruption on Tuesday. The incident, which lasted for about an hour, caused block production to come to a halt. This caused concern and confusion among investors and traders, as XRP is known for its fast transaction speeds. The sudden interruption in block production left many wondering about the cause and potential impact on the network's functionality. What Caused the Interruption? Ripple's Chief Technology Officer, David Schwartz, took to Twitter to provide updates on the situation. He revealed that the network experienced a spontaneous recovery after the hour-long interruption. However, the cause of the disruption is yet t...