There was a multi -hour failure on Thorchain

On October 27, the Thorchain Defi-Protocol on the basis of Cosmos suspended work due to failure in the software.

Initially, the developers reported on Twitter that they knew about the disconnection of the network and found out the probable reason that is “not related to solvency”.

They later clarified that there was an error in working with the lines of the code. In one of them there was a replacement of the actual value, which led to the difference between the state of the Memo field on various nodes.

They developed a patch for correction and called on the NOD operators to be ready to update.

At the time of writing, new blocks on the network do not appear for 11 hours.

The developers said that the network works after https://gagarin.news/news/what-is-bull-run-in-crypto/ a stop lasting about 20.5 hours.

The Network Is Now Full Operational After An Outage of Approximatly 20.5 HOORS. Post-Mortem Will BE ReleASDENECT Week https: // t.CO/QXTTVP6QVY

– Thorchain (@thorchain) October 28, 2022

“An investigation [incident] will publish next week,” the team said.

Native Utility Token Rune project over the past 24 hours has fallen in 4.7% (Coingecko). However, this movement corresponds to the market trend, and many coins have demonstrated a greater fall. Bitcoin quotes decreased by 2.5%.

The cost of the assets blocked in the protocol is $ 106.5 million, the indicator has not undergone any changes per day (Defi Llama).

“Another day, another stop of the Thorchain network,” one of the users commented on.

Recall that in July the Thorchain team launched Meinnet.

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