Monero corrects node stagnation, after hard fork of its network

Key facts:
  • Monero activated the Oxygen Orion code with the hard fork executed on October 17.

  • The price of XMR, the network’s cryptocurrency, has grown 35% in the last month

After hark fork non-contentious Monero blockchain, executed on October 17, a bug (bug) in new software version v0.17.0.0 has caused some nodes to get stuck at block 2210720.

According to what is reported in a Reddit post Monero official, the software bug causes the jam both nodes that are synchronized from scratch, and existing nodes that are not synchronized beyond block 2210720. Those that are offline waiting to synchronize are also stuck. Despite this bug, the network has continued to function properly, limits in the message.

To correct the problem a minor update was made to the software version, which has been working on this October 18 and 19, according to noted on the Monero blog. Accordingly, the developers invite users to upgrade to the new software version v0.17.1.1, which contains a patch to correct the bug. It is clarified that those who have managed to synchronize the node beyond block 2210720, are not affected.

Among the nodes that have been stuck are the block explorer and some third-party services, such as bitinfocharts. According to one of the forum participants on Reddit, these explorers have been showing a much lower than actual transaction count.

In their statement, the Monero developers add that, in addition to solving all these node jams, with the patch other minor fixes are made. Among them, they cite an “improved start / stop screen and a fix for wallet jam on closing.”

The hard fork and XMR price on the rise

The software version v0.17.0.0, called Oxygen Orion, was available for download from the end of September, as as reported by CriptoNoticias on that date. The client arrived prior to hard fork that was activated last Saturday 17.

One of the major enhancements that came in with the new code was support for a new type of ring signatures known as CLSAG (Concise Linkable Spontaneous Anonymous Group, or in Spanish Grupo Anonymous Spontaneous Linkable and Concise). This replaces the MLSAG implementation (Multilayered Linkable Spontaneous Anonymous Group o Multiple Layer Linkable Spontaneous Anonymous Group).

This new mechanism reduces the size of transactions Monero by about 25%, while verification speed improves by 10%.

It is worth adding that the price of the network’s cryptocurrency, XMR, has been experiencing significant growth, from before the hard fork.

The price of monero fell on the date of the hard fork, but rose again in the following hours. Source: Live Coin Watch.

According to Live Coin Watch data, despite the fact that on the date of the hard fork there was a drop in price, XMR’s advance in the last month it is estimated 35%. The value of the cryptocurrency increased again as of October 18, rising 4% in the last 24 hours.

A week ago, the news circulated that Monero will add atomic exchanges with Bitcoin to its blockchain, thanks to donations that will finance the project. Prior to that, in January, the developers announced that they were working on a new mechanism to increase privacy.

We would love to give thanks to the author of this article for this awesome content

Monero corrects node stagnation, after hard fork of its network

Dispensary Business News