Stellar’s Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization
Cointelegraph
Published May 20, 2019 01:18PM ET
Updated May 20, 2019 01:42PM ET
Stellar’s Blockchain Briefly Goes Offline, Confirming the Project Lacks Decentralization
Recently, blockchain-powered network Stellar stopped confirming transactions for more than one hour, effectively going offline.
Although no money was reportedly lost as a result, Stellar’s major issue has now been highlighted publicly: The project is not decentralized, at least not to the extent expected at this point. Notably, the offline scenario was predicted by researchers earlier last month.
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Written By: Cointelegraph
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