Dash network is offline since last 24 hours 

0
143

Recently the Dash blockchain network suffered an issue during V19 activation and after that network failed to process transactions.

Dash is an anonymity focussed crypto asset. In 2014, an early Bitcoin adopter Evan Duffield took the code from Litecoin and forked the network to create Dash, making a few improvements as he did so. He changed the algorithm code from SHA-256 (Bitcoin) & created a new algorithm X11. So Dash is a Bitcoin forked coin but its back-end technology is different from Bitcoin. 

On 22 May 2023, Dash Core Group CTO Samuel Westrich confirmed that the Dash network suffered a technical issue while activating the V19. 

The on-chain dash blockchain explorer platform showed that the problem is still there and no new block has been produced so far. 

Just an hour ago, Samuel reported that the network will be able to produce blocks, after 7 hours from now, and further advised all the contributors to upgrade to the latest version as soon as possible.

Dash coin price action 

The current trade price of Dash coin is $44.33 & this trade price is 1.82% higher than the last 24 hours’ trade price. A sudden small pump can be seen in the price graph, which hints that the network is very near to getting started with full functionality.

Read also: Coinbase promotes crypto benefits via a TV ad campaign

Leave a reply