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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Liquid network block production resumes following transaction processing issues

Pending Liquid transactions had been queued in the mempool for roughly 22 hours after the network reported an issue which caused "block signer nodes failing to validate certain parameters against each other."

Block production on Blockstream’s Liquid network has resumed after technical problems related to a functionary upgrade caused many transactions to queue for hours.

In an Oct. 5 update from a Liquid oversight board member identified only as Wiz, Liquid’s failsafe mode was activated yesterday as “an unexpected issue occurred causing block signer nodes failing to validate certain parameters against each other.” As a result, the network stopped producing blocks and transactions steadily queued in the Liquid mempool for roughly 22 hours starting at approximately 5:19 PM EST on Oct. 4.

Liquid mempool transactions. Source: Liquid Network 

Wiz reported Liquid developers have upgraded 10 of the 15 functionaries, with block production expected to resume once one more has been fixed. Pending Liquid transactions had been queued in the mempool until the nodes were upgraded, which was completed today as the network reported blocks were coming in.

Related: Blockstream’s Liquid pushes for DeFi with new decentralized exchange

First announced in 2015, Liquid was designed to be a Bitcoin (BTC) sidechain aimed at speeding up BTC transactions settlement for crypto exchanges. The network supports its LiquidBTC (LBTC) tokens pegged to BTC — there are 3,293 currently in circulation. In addition, the Liquid Federation has 57 members, including crypto exchanges Bitfinex, BitMEX, and Huobi.

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