The Evernode (EVR) Glitch
Evernode, the layer-2 scaling solution on the XRP Ledger, is experiencing a minor glitch in its network. The rapid growth in the number of node hosts has caused a problem with transaction settlement. Despite the delay in its launch, Evernode has seen significant participation in its airdrop and a growing number of node operators.
Investigating the Cause
Evernode is investigating the cause of the glitch, which is affecting the success of Xahau “heartbeat” transactions and causing the system to treat some hosts as inactive. The team is working on finding a fix for this issue and will share more details as they become available.
Showcasing Transactions
The Evernode/Xahau Explorer has shown some transactions, including transfers of 31.69 EVR and 88.94 EVR. While the glitch is not ideal, it demonstrates growth for Evernode and the evolution of the XRP Ledger. The team’s focus now is to leverage this adoption and expand the protocol’s bandwidth.
Joining Precedent Setters
The hiccup in transaction settlement puts Evernode in a similar position to other protocols that have experienced network halts. Solana and Shiba Inu’s Shibarium both faced outages but were able to overcome them through fixes and upgrades. With targeted engineering work, Evernode can follow a similar path towards stability.
Hot Take: A Subtle Sign of Growth
The minor glitch in Evernode’s network may be seen as a setback, but it actually indicates growth for the platform. As more users join as node hosts and participate in transactions, it becomes crucial for Evernode to address these issues promptly. By resolving the glitch and expanding its bandwidth, Evernode can solidify its position as a reliable layer-2 scaling solution on the XRP Ledger.