Dash Blockchain Halts After Upgrade Attempt, Possible Fork Detected

Multiple sources have reported that the Dash blockchain came to a standstill at block height 1,874,879 following an attempted upgrade to version 19 by the developers. As of now, data indicates that the most recent block verified on the network was over 16 hours ago.

Timeline of Dash

The Dash blockchain has experienced a multi-hour outage and the network is now waiting for node operators to upgrade their software. Samuel Westrich, CTO of Dash Core Group, said on May 21 that the network experienced a problem while activating v19 of Dash Core.

The Dash blockchain encountered a stall during the activation of its Dash Core v19 hard fork, causing concerns among developers and users. Samuel Westrich, the chief technical officer of network, announced the issue via a tweet on the morning of May 21.

According to a most recent update, Dash has halted the production of new blocks. In a recent Twitter update, Samuel Westrich, the CTO of Dash Core Group, mentioned that there was a problem with the v19 activation of Dash Core.

In a relatively unusual price recovery push, privacy coin Dash has printed 2.31% growth over the past 24 hours at the time of writing. Based on its current performance, the cryptocurrency is now changing hands at a price of $41.79, solidifying its stance as the 86th largest digital currency in the industry.

One of the leading scalable payment providers in the world, DASH, has attained a significant level in the crypto industry. But like other cryptocurrencies, the price of DASH is subject to volatility, and its value can fluctuate significantly in a short period.

The Dash community has hit back at the US Securities and Exchange Commission (SEC) after the regulator included the privacy-focused cryptocurrency in a list of six altcoins it accused of being securities.

The US Securities and Exchange Commission (SEC) filed a court complaint against Bittrex, alleging the platform made numerous crypto assets available for trading without registration, including OmiseGO (OMG), Dash (DASH), Algorand (ALGO), TokenCard (TKN), NAGA Coin (NGC), and i-House Token (IHT).

Investors moved $508 billion into cash in the first three months of this year, the largest quarterly inflow since market turmoil early in the COVID-19 pandemic, according to BofA Global Research, as the failure of several banks sent markets spinning.

Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today.

Fetch.ai (FET/USD), OKB (OKB/USD), Dash (DASH/USD) and Mirror Protocol (MIR/USD) are tokens that have seen the highest level of growth throughout the past month. Fetch.ai is an artificial intelligence (AI) lab that aims to create an open, permissionless, and decentralized machine learning network.