For the umpteenth time in history, Blockchain.info seems to be experiencing server issues. Even though this visual representation of the blockchain has nothing to do with the status of the Bitcoin network itself, their wallet service is affected as well. As a result, consumers can not send, nor receive transactions, as accessing the wallet will result in an error message. This is especially frustrating for one Reddit user who is waiting near a Bitcoin ATM waiting for funds to confirm.
Also read: Nasdaq To Launch New Tallinn Stock Exchange Proxy Voting Blockchain Project
It goes without saying that any digital currency user should not rely on a third party wallet provider that holds your funds. Blockchain.info is not only a wallet provider, but they are also one of the most convenient Bitcoin block explorers available to the world today. As a result, their servers regularly struggle to keep up with the growing demand, to much chagrin of Bitcoin users around the world.
At the time of writing, the mobile Blockchain.info wallet is completely unusable, and the website is loading very slowly, with occasional IP ban messages appearing. Keeping in mind how this is one of the most often used platforms and API providers, things are steadily going from bad to worse with this company.
Not too long ago, similar issues were reported, and Blockchain.info has a long history of minor outages and server issues throughout the years. The scalability discussions seem to extend well beyond the Bitcoin block size, as companies such as Blockchain.info will need to come up with solutions to scale their services as well.
For one Reddit user, this most recent downtime is a cause of great concern. Standing by a Bitcoin ATM and waiting for a transaction to confirm on the network can take up valuable time. But when that transaction is coming from the Blockchain.info mobile wallet, things go from bad to worse, as the transaction appears to be completely stuck. Or to be more precise, no other block explorer is finding the transaction.
The only solution is to wait until blockchain.info comes back online and properly broadcasts the transaction to the network. Needless to say, this situation causes a lot of unnecessary frustration, and people are getting fed up with this lackluster service. Blockchain.info needs to setup up their game and come up with a service that works around the clock without excuses.
Source: Reddit
If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.
Velocity Ticket is trying to fix a major gap in businesses, and the approach it…
Axelar is moving fast to contain damage after identifying a security incident that has resulted…
suiUSDe now has a dedicated landing page. The token, officially the eSui Dollar, comes out…
Ventuals has fully wound down its HIP-3 DEX, and vHYPE withdrawals are now open. The…
Avalanche has launched the Avalanche Payments Collective, bringing together 28 organizations spanning nearly every layer…
A wallet tracked as 0x5f91 just opened a fresh 5x leveraged long on ASTER, putting…
