Robert Steinadler, 15 days ago

Cardano has dealt with a node outage, but what caused it?

It has been silent around Cardano for quite some time. Most investors were distracted from the bear market and didn’t notice that further refinements came in and IOG as well as the community kept building in the background. It was yesterday when that silence was broken and a wave of confusion rolled all over the Cardano community.

Why did more than half of all Cardano nodes go down, and can this situation be avoided in the future?

An unforeseen event happened

Yesterday, the Cardano network had to face an outage that was quickly resolved within minutes. The more interesting part is that there was no reason found why about 60% of all block-producing nodes went down at the same time.

The good news is that a restart of the affected nodes resolved the problem and that a network-wide restart wasn’t necessary. This is a situation that Solana had to face several times in its short history and because of this, critics claim that the high-speed blockchain is unreliable. It is safe to say that Cardano dodged a bullet because critics would have been unforgiving.

Charles Hoskinson didn’t comment on the event at the time of writing. Hoskinson said that he might be interested in acquiring Coindesk. Since he is one of the most outspoken people, it is not unlikely that he will personally address the incident and answers some of the most pressing questions.

ADA is recovering

Even though the outage is a little bit scary since it is fundamentally important that a blockchain and its network runs undisturbed, there is also good news. The ADA price wasn’t impacted by the event, and it seems that the market is still busy with the current rally.

ADA has recovered a little bit more than 50% since the beginning of this year and should the recovery indicate at some point that the overall trend is changing, then ADA is already sitting in a good spot. Cardano is currently the eighth biggest cryptocurrency according to its market cap. It even ranks fifth when not taking stablecoins into account.

It remains to be seen if the outage was a one-time event and how other blockchains will do in the near future. This and the potential partnerships Cardano is building will decide if it is going to defend that place. Solana, Polygon, and Polkadot are following closely behind and are competing in the same fields as Cardano. It is not an easy task to stay competitive in such an environment.

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