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

Ethereum Surges Past $3,000 Mark Amidst Record Wallet Growth

In a whirlwind 24-hour period, Ethereum, the second-largest cryptocurrency, made waves by surpassing the $3,000…

3 hours ago

Bitcoin Market Rebounds: Signals Point To Potential Bullish Trend

Bitcoin, the world's leading cryptocurrency, has seen a significant resurgence in its market value, climbing…

3 hours ago

BDAG’s $20 Target Outshine DOGE and LTC Predictions

Best Crypto Investment: BlockDAG Sets $20 Price Goal for 2027, Outpaces Dogecoin and Litecoin with…

7 hours ago

BDAG Enhances Payment Options & Outperforms BNB & LTC

BlockDAG Launches Advanced Payment Options With Predictions To Hit $10, Surpassing Litecoin and Binance Coin.…

12 hours ago

Investor Frenzy: BEFE Coin Price Expected to Pump

The crypto market is finally back in full swing and is abuzz with rising price…

20 hours ago

Bitgert Coin: May 2024’s Top-Trending Cryptocurrency

Taking a look at the crypto market today, there's a lot of coin influx and…

20 hours ago