• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
The Arbitrum team has successfully restored the network after a technical failure

The Arbitrum team has successfully restored the network after a technical failure

user avatar

by Max Nevskyi

2 years ago


On the evening of Friday, December 15th, the Arbitrum One network experienced temporary issues from 18:29 to 19:57 Moscow time, caused by a significant increase in network traffic. At this moment, it has fully restored its stable operation without interruptions.

The team is actively investigating the incident, but we can confirm that a stable surge in transactions triggered the sequencer to halt transaction processing properly.stated in the project's announcement.

Specialists from the Arbitrum team have promised to provide details about the incident in the coming days.

We appreciate the community's patience and understanding during the investigation period. Gas prices on Arbitrum One have stabilized, and operations have returned to normal. We continue to gather information.added by the team.

The co-founder and technical director of Offchain Labs, responsible for Arbitrum, shared his comments on the incident.

Today was a challenging day. We've learned many lessons and put in a lot of work to ensure Arbitrum's ability to provide the high quality people rightfully expect. Web3 development is tough, but together, we are building a better future.he wrote.

Remember that in June, there was an error in the Arbitrum sequencer mechanism, which led to a temporary pause in the execution of transaction batches on the Ethereum network.

In October, Offchain Labs provided the capability to launch L3 networks based on the mainnet.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Strategy CEO Discusses Potential Bitcoin Sales

chest

Phong Le, CEO of Strategy, discusses potential scenarios for selling Bitcoin holdings to finance dividend payments and adapt to market conditions.

user avatarBayarjavkhlan Ganbaatar

USDT Sees Significant Outflow from Exchanges, Indicating Investor Repositioning

chest

USDT experiences significant outflow from exchanges, indicating potential shifts in investor behavior.

user avatarMohamed Farouk

Ethereum Price Predicted to Surge Above $10,000

chest

Crypto analyst Crypto Patel forecasts that Ethereum's price could reach between $10,000 and $15,000 this cycle, driven by institutional adoption and changing market dynamics.

user avatarElias Mukuru

Bitcoin Price Forecast Remains Positive

chest

Bitcoin price forecast remains positive with analysts predicting a value of 86,068 in five days and 90,919 in three months.

user avatarKenji Takahashi

LTHSTH SOPR Ratio Indicates Growing Market Strength

chest

The LTHSTH SOPR Ratio indicates that long-term Bitcoin holders are realizing stronger profits than short-term traders, suggesting growing market strength.

user avatarDiego Alvarez

Bitcoin Surges to 81,000 as Bullish Sentiment Grows

chest

Bitcoin has recently touched the 81,000 zone, indicating a strong bullish sentiment in the market.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.