Starknet, an Ethereum Layer-2 network, resumed block production after an outage caused by the Grinta v0.14.0 upgrade. The disruption lasted for 3-4 hours and raised concerns about vulnerabilities associated with blockchain updates.
Block Production Outage Due to Grinta Upgrade
Starknet experienced a significant outage following its Grinta upgrade, affecting block production for several hours. The upgrade aimed to improve decentralization with a new sequencer and fee system, but Cairo0 code incompatibility led to disruptions. Block production has now resumed.
Impact on Tokens and Decentralized Apps
The outage impacted STRK token prices, resulting in a 3-5% drop. Most Starknet-based decentralized apps paused transactions temporarily. These disruptions illustrate vulnerabilities during major network overhauls, affecting users who rely directly on the Layer-2 structure.
Need for Improved Upgrade Strategies
The need for robust upgrade strategies on networks similar to Starknet remains clear. While the Ethereum core Layer-1 was not directly affected, dependent DeFi protocols faced transaction hurdles. Starknet's response highlighted the necessity for coordinated upgrade management.
The block outage situation raises questions about the reliability of Layer-2 networks. Technological advancements and mitigation strategies are expected to be critical for reducing the likelihood of similar outages in the future.
