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Bug Freezes EOS Network Days After Launch

Binary code with BUG and magnifying lens on black background

The recently launched EOS blockchain came to a grinding halt at 09:56 UTC yesterday morning due to a bug in the coding. Block Producers (BP’s) immediately called a conference to look into the problem and identified a fault a few hours later. A post on the EOS Mainnet Updates Telegram channel stated:

Root cause was due to how deferred transactions were handled. Fix is being released shortly by BlockOne.”

An hour after the fault was first noticed, standby block producers switched their nodes off and backed up network history data.

A software update was released to replay blocks until the last irreversible one and then BP’s synced with each other before reactivating the blockchain publically. EOS went live again at approximately 3pm UTC.

The fault follows a long line of issues plaguing the EOS network leading up to it going live only three days ago. Many have argued that the blockchain is not a truly decentralized cryptocurrency due to large portions of coins being held by single entities.

The cryptocurrency remains in 5th position on CoinMarketCap, trading at $10.64 with a market value of almost $10 billion at time of publication.

Image From Shutterstock

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