Tron Blockchain Stalled for Hours by ‘Malicious Contract,’ Justin Sun Says
The Tron blockchain halted creation and execution of blocks attributable to a “malicious contract” in opposition to a wise representative on Nov. 2, according to multiple reviews.
First reported by Crypto Briefing, the natty contract blockchain halted block manufacturing at 10: 00 UTC for some two hours, according to Reddit customers. The event is important as it validates centralization concerns raised in opposition to Tron, which already holds an unsuitable recognition in blockchain circles.
Tron uses a Delegated Proof-of-Stake (DPoS) consensus mechanism. DPoS blockchains sacrifice decentralization for throughput by centralizing definite transaction activities to majority nodes.
Tron CEO Justin Sun adopted reviews with a tweet thread pointing out that the quit in block manufacturing used to be led to by an attacker exploiting the most modern Tron tool. Updating the node’s tool started block manufacturing again, Sun said.
The platform’s native token, TRX, is down 3% in 24 hours, according to the CoinDesk 20.
Tron didn’t return questions for observation by press time.