Cosmos Hub Chain Pause Issue Resolved with V17 Upgrade
CryptoNewsTerminal Staff06 Jun, 2024
Cosmos Hub Chain Pause Issue Resolved with V17 Upgrade
The Cosmos (ATOM) Hub has officially announced that its chain pause issue has been resolved. The temporary pause was confirmed on August 6th at 05:30 UTC, and no blocks were being produced on the chain. During the V17 upgrade process, a security vulnerability in the Hub validator was patched. The Cosmos Hub team has released a post-mortem analysis of the incident, which can be found here. The team has also taken steps to prevent similar incidents from happening in the future. The Cosmos Hub is a Proof-of-Stake (PoS) blockchain that serves as the central hub for the Cosmos ecosystem. It allows users to stake their ATOM tokens to earn rewards and participate in network governance. The Cosmos Hub also hosts a number of decentralized applications (dApps), including the Osmosis decentralized exchange and the Regen Network. The resolution of the chain pause issue is a positive sign for the Cosmos ecosystem. It shows that the team is committed to the security and stability of the network. The Cosmos Hub is an important part of the Cosmos ecosystem, and its continued operation is essential for the growth and development of the ecosystem.
