Bitcoin Layer 2 blockchain solution Stacks announced on May 24 the resumption of block production after resolving issues related to “misbehavior stemming from the stacks-node’s mempool syncing logic.”
Stacks Warns of ‘Occasional Degradation’ in Block Production
On May 24, the Bitcoin Layer 2 blockchain solution Stacks announced the resumption of block production after it addressed “misbehavior stemming in the stacks-node’s mempool syncing logic.” It advised all node operators, particularly miners and signers, to upgrade their nodes to release 3.1.0.0.11.
However, in an update shared via X, the Layer 2 solution warned of further “occasional degradation” in block production until all miners and signers complete the upgrade. The announcement directing node operators to upgrade to the latest release came just hours after core developers claimed to have identified the potential cause. In the initial post-mortem shared on Github, the Stacks team said:
“The bug itself actually goes back to 2020 and has to do with misbehavior in the stacks-node’s mempool syncing logic which causes some nodes to return improper messages in response to RPC calls used by normal mempool syncing. Stacks-nodes who invoke that RPC call have misbehaving logic which causes their networking to become unresponsive, which hasn’t been an issue until there was a lot more data getting run through some recent blocks.”
According to the preliminary findings, the latest upgrade is compatible with chainstate directories from 3.x.x.x.x.The release of the latest upgrade is expected to finally resolve the issue, which Stacks initially acknowledged on April 18.
At the time, the Stacks team insisted a “simple patch” would address the issue, and node operators needed not do anything. However, a delay in block production related to a Bitcoin fork at block 897442 prompted the developers to initiate another investigation on May 19.
After seeing 70% of signers restore to a previous version of the chainstate, normal blockchain production resumed only for the developers to report another delay four days later.
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Russia Intensifies Drive to Replace US Dollar in Global Trade
Russia accelerates the global de-dollarization drive with bold new push for national currencies and economic sovereignty in trade.
Russia Ramps up Exit From Dollar-Dominated Trade System
The global shift toward settling trade in national currencies instead of the U.S. dollar is gaining traction, with Russia positioning itself at the forefront of this movement. During the seventh Moscow Academic Economic Forum on June 2, Russian Foreign Minister Sergey Lavrov stressed the importance of creating independent mechanisms for foreign trade as a way to reinforce the country’s economic autonomy. He was quoted by Tass as saying:
The tasks of further strengthening of Russia’s economic and technological sovereignty, including through the creation of mechanisms for servicing foreign trade independent of external pressure, and the transfer of international settlements into national currencies, are coming to the fore now.
Lavrov argued that the international landscape—characterized by heightened sanctions and what he described as “persisting attempts by a number of Western countries to curb the development of our country”—necessitates urgent action to build a resilient economic model. He called for a unified effort among government bodies, the business sector, academia, and civil society to support this transformation. According to Lavrov, such coordinated engagement is essential to establishing what he called a more just, multipolar economic architecture, in contrast to the Western-dominated global order.
The remarks follow a rising global interest in alternatives to the dollar for cross-border transactions, driven by efforts to reduce the impact of sanctions and reliance on centralized financial systems. Major economic groups such as BRICS, the Shanghai Cooperation Organization, and ASEAN are pursuing these alternatives. In Russia, this movement includes growing interest in decentralized technologies like blockchain and digital assets. Advocates say tools such as Bitcoin could support national economies by facilitating transactions outside conventional financial networks, contributing to de-dollarization and economic autonomy.
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