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Tether (USDT) Freeze Linked to Services Not Running Own Node

Published 09/19/2018, 04:08 AM
Updated 09/19/2018, 05:20 AM
 Tether (USDT) Freeze Linked to Services Not Running Own Node

Tether (USDT) service providers are omitting to run their own Omni layer nodes, which led to the market-wide freeze of Tether transactions. The glitch was resolved on September 18, but the crisis showed how many USDT users were running without a node and relying on Omni’s data verification. The discovery sparked immediate outrage over this irresponsible behavior by services carrying billions of dollars in value.

https://twitter.com/Bitraged/status/1042051164869730312

The criticism highlights a serious technical flaw in USDT assets. The glitch caused another slide in the marke...


This article appeared first on Cryptovest

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