Stellar, whose lumens token is currently the eighth-largest cryptocurrency by market cap, went down entirely for around 110 minutes Wednesday.
The cause, it appears, was a mass offlining of Stellar Development Foundation (SDF) nodes, which the majority of the network trusts.
“I really hope we’ll get a real debate about decentralization after this event. And about the strategies to achieve this decentralization,” the user, Reddit user u/cryptobrant, commented after flagging the issue. The user continued:
“The more the network grows and the more newcomers trust always the same nodes, the more difficult it will get to achieve decentralization.”