Crypto News
KAVA mainnet postponed (again) to tackle ‘potential security vulnerability’
Interledger solutions provider, Kava Labs was going to roll out KAVA mainnet on 5 November. However, it failed to do so as the platform encountered issues pertaining to coordination. Since it wasn’t safe to move forward with the KAVA chain, the mainnet was again scheduled to relaunch on 12 November. However, the latest tweets from Kava Labs reveal that the launch of the mainnet has been rescheduled again to 15 November.
The KAVA mainnet that was supposed to release today will be out by the end of the week after the team encountered a vulnerability issue. Kava Labs, through its official Twitter handle, elaborated on the issue and said,
“While preparing for our re-launch, @sunnya97helped the Kava validator community identify a potential security vulnerability that could possibly blame validators for double-signing from the previous chain.”
Kava Labs had delayed the first launch after the team decided to publish an updated genesis file. Since the number of validators online and the ones who could sign the first block during the time of genesis were few, the genesis file could not progress. Additionally, the platform also encountered a deadlock using tendermint,
with such conditions not being endured by validators during the network launch.
Now, the platform has reportedly reviewed its vulnerability and has tested a solution that would help it dodge the “the difficulty of resubmitting genesis transactions.” However, since the team requires time to implement it, the re-launch has been postponed to 14:00 UTC on 15 November.
Kava Labs tweeted,
“(03/04) Together with our validator partners and @tendermint_team, we very carefully evaluated both the situation and risk. Of course we never want to delay launches but when it comes to blockchains, security and safety need to be the top priority.”
Kava Labs started launching its testnets in June 2019, with about 60 validators from across the globe being a part of the first testnet. Additionally, Kava Labs deemed the latest testnet, Testnet 3000, to be a successful one, while looking forward to rolling out the mainnet.
Kava Labs has been in the news for a while now, mainly after it revealed that the platform was developing an XRP-backed stablecoin. Additionally, Ripple’s Xpring was a part of Kava Labs’ $1.2 million investment round.