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Top 100 DeFi Crypto Project Suffers 20-Hour Network Outage Due to Technical Issue

A top-100 decentralized finance (DeFi) crypto project is recovering after enduring a 20-hour network outage because of a technical error this week.

THORChain (RUNE), a decentralized cross-chain liquidity protocol, announced on Thursday afternoon that its chain had halted.

On Friday morning, the project said the network was operational again following a 20.5-hour outage.

THORChain devolpers said a full post-mortem will be released one week from now, yet on Thursday night, amid the outage, they briefly outlined on Twitter what caused the issue.

“Turns out to be string manipulation: code was pushing a cosmos.Uint (instead of a uint64) into a string, which causes the string to get the point of the big int instead of the actual value, causing the memo string to be different on different nodes.

Didn’t see this in stagenet because the awful update never gets written to disk/block, because it gets swapped immediately. Where at mainnet has a queue and therefore the swap to synth doesn’t get executed a similar block, and the bad memo is written to the block.”

The value of THORChain’s native asset, RUNE, wasn’t impacted a lot of by the outage. The 90th-positioned crypto asset by market cap is up more than 3% in the beyond 24 hours and is trading at $1.58 at season of writing.

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