Biggest Bitcoin wallet provider goes down due to server issues
Blockchain, the world's most popular Bitcoin wallet, was offline for over six hours on Friday, due to a problem with the website's server. Due to the company's large share of Bitcoin wallets, the issue sparked concerns; in reaction to this, various alternative wallet providers received higher levels of attention, including Blocktrail, Blockonomics, Coinkite, and SmartBit.
The website of one of the wallet services central to the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term community has been down for over 6 hours as at the time of writing. According to sources claiming to be familiar with the matter, the problem is related to the server running the website.

In an official communique published on Twitter, Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term.info stated that the service is undergoing some maintenance. In the meantime, the community has focused on using some alternative solutions to verify transactions.

The first report on Reddit dates back about 7 hours as of the time of publication, meaning that the issue might have surfaced sometime around 07:00 GMT.

The official statement published on the Twitter account of the service reads, “We will be back shortly. Blockchain.info is currently down for maintenance. For status updates please see Twitter. Apologies for any inconvenience.”

We are currently undergoing some maintenance but will be back online shortly. Be sure to follow @blockchain on Twitter for the latest news. — Blockchain (@blockchain) September 4, 2015

This is not the first time that the service of Blockchain.info has gone down. Last March, the firm encountered issues that triggered an internal review. At the time, the service was suspended for over a day.

Various alternatives have been flagged by several users on Reddit commenting on the topic, including Blocktrail, Blockonomics, Coinkite, SmartBit and others.