• IOTA is back online after a 15-hour downtime

The IOTA network is back online after a minor bug fix that was creating issues for transaction parties according to a recent development on the IOTA GitHub community. According to a previous Github submission, there was supposedly a bug that was creating problems for nodes to register transactions immutably.

The developer said:

“There is an edge case where IRI [IOTA Reference Implementation] didn’t account for a transaction that was shared between two distinct bundles. Once it marked it as ‘counted’ in one bundle, it was ignored for the next bundle.”

IOTA immediately took notice of the issue and start working on a possible solution. According to David Sønstebø, the co-founder of the IOTA foundation, the bug was minor and was caused due to an increasing number of spam transactions making their way to the ledger thus forcing the real transactions to get slower than usual.

But, according to IOTA, the bug was quickly identified and fixed. Node operators have also been called to update through a software patch particularly the IRI users. The network itself is all okay and is running at optimum performance now according to the foundation.

IOTA is a 2016 cryptocurrency project that focuses on IOT-based applications of blockchain technology.


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