Categories: News

Blockchain.info Platform Issues Continue

Even though Blockchain.info remains one of the most popular Bitcoin wallet solutions available today, the service has been plagued by a variety of issues over the past year or so. Ranging from website outages to complete inaccessibility, Blockchain.info just can’t seem to cope with the demand for their services. Earlier today, their block explorer was not functioning properly, raising the question as to whether or not something had happened to the Bitcoin network.

Also read: Peanuts Is Sort Of A Recurring Billing Tool For Bitcoin

Blockchain.info Debacle Continues

Many people see blockchain.info as the actual blockchain powering the Bitcoin network. Because the transactions are broadcasted in real-time, people rely on this platform more often than not. In a way, one could say Blockchain.info has become the centralized solution for checking the Bitcoin blockchain and its transactions.

Whenever the service goes down all of a sudden, novice users, tend to panic, as they are worried the entire blockchain has gone offline. It is important to keep in mind that the Bitcoin blockchain is not a website, as Blockchain.info only serves as a graphical interpretation of the actions taken place on the Bitcoin network at any given time.

Furthermore, the company has become one of the leading mobile Bitcoin wallet providers. Unfortunately, that part of their services will also go down if something occurs to the primary site, as both tools extract their data from the same sources. Over the past year or so, users have been complaining about delays and downtime when using the Blockchain.info mobile wallet solution, although most of these issues were fixed rather quickly.

Related Post

This is one of the downsides when using a mobile wallet that needs to remain online if users want to spend their bitcoins Other services, such as Airbitz for example, can be used at any given time even when the company servers would all go offline. Other popular mobile Bitcoin wallets, including Breadwallet and Mycelium, provide a similar feature and put the end user in full control of their funds at all times.

Today’s brief Blockchain.info issue was resolved rather quickly, although the block explorer was lagging behind by several blocks. In this day and age of the block size debate and competing solutions, people tend to think the worst. Luckily, the Bitcoin network did not fork, and everything is back to normal now. But at the same time, the issues need to be prevented, rather than addressed when they arise.

Source: Reddit

Images credit 1,2

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.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

Starknet Introduces STRK20 To Bring Built-In Privacy To ERC-20 Tokens

The team behind Starknet has introduced a new token standard aimed at solving one of…

2 days ago

Meta Acquires Moltbook, A Social Network Built For AI Agents To Interact And Coordinate

In a move that highlights the growing race to build infrastructure for autonomous artificial intelligence,…

2 days ago

Polymarket Partners With Palantir To Develop AI Platform For Sports Betting Integrity

Prediction market platform Polymarket has entered a new partnership with Palantir Technologies and artificial intelligence…

2 days ago

Ethereum Foundation Begins Staking Treasury ETH Using Bitwise Infrastructure

The Ethereum Foundation has begun staking part of its treasury, marking a significant step in…

3 days ago

Cyberconnect And SurfAI Founder Reportedly Under Investigation In China

Fresh reports circulating in the crypto space suggest that Wei Jiequan, better known as Wilson…

3 days ago

Virtuals And dAI Launch ERC-8183 To Enable Trustless Agentic Commerce On Ethereum

The infrastructure powering autonomous AI agents on Ethereum is slowly coming together. Payments, trust layers,…

3 days ago