News
Public · Published
Zano Network Stabilizes After 30-Day Blockchain Rewind
The Zano team said Tuesday a hot fix was applied and the network is stable on the updated chain after an inflation bug was found last Friday. Third-party providers must update their nodes before processing ZANO and Zano-issued asset transfers.
Published:
Updated:
What happened
The Zano team said Tuesday a hot fix was applied and the network is stable on the updated chain after an inflation bug was found last Friday. Third-party providers must update their nodes before processing ZANO and Zano-issued asset transfers.
Confirmed
Global impact / market context
An inflation bug can create extra coins, which means more supply and possible loss of value for holders. The 30-day blockchain rewind erased recent transaction history, forcing service providers to resync. Until nodes update, ZANO transfers and asset transfers may remain unavailable to users.
Analyst inference
This event shows the operational risk of smaller blockchain networks, where a single code flaw can force a rollback that undoes confirmed transactions. Traders holding ZANO face uncertainty about final balances, while exchanges and wallets must decide whether to support the updated chain or halt services.
Analyst inference
What to watch
- Third-party providers need to update their nodes to the updated chain before processing ZANO and Zano-issued asset transfers, as stated in the team's latest update. Confirmed
- Zano could publish a revised timeline or technical report explaining the inflation bug, the hot fix, and the 30-day rewind, which would help investors judge whether the network is fully secure. Proposed
- Exchanges, wallets, and payment processors might suspend ZANO deposits and withdrawals until their nodes are updated, which could reduce trading activity and cash available for holders. Analyst inference
Affected assets
- ZANO — Zano