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Ripple Ledger Experiences Block Generation Halt for About an Hour

Source
Uk Jin
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  • Ripple Ledger's block generation was halted for about an hour, but there were no asset losses reported.
  • Ripple's Chief Technology Officer is investigating the cause of the issue, stating that while consensus was reached, there may have been a problem with verification.
  • Ripple's price reportedly fell by 7.07% to $2.53 following the issue.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Ripple's blockchain network, Ripple Ledger (XRPL), experienced a halt in block generation for about an hour.

On the 4th (local time), the cryptocurrency-focused media outlet Decrypt reported that the block generation of Ripple Ledger was halted for about an hour and then spontaneously resumed.

Specifically, the network activity of Ripple Ledger was frozen at block 93927173 and resumed about an hour later.

It was reported that there were no asset losses or transactions affected. David Schwartz, Ripple's Chief Technology Officer (CTO), stated, "We are currently investigating the related matters, and the exact cause of the issue has not yet been identified. Consensus was reached, but verification did not occur, leading to a presumed network issue," and added, "No assets were at risk."

Meanwhile, as of 9:58 AM on the 5th (Korean time), Ripple is trading at $2.53, down 7.07% from the previous day according to CoinMarketCap.

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