• 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

SEC Takes Action Against Nathan Fuller for Crypto Investment Fraud

chest

The SEC has filed charges against Nathan Fuller for allegedly defrauding 150 investors in a multimillion dollar crypto investment scheme.

user avatarDiego Alvarez

Large ETH Holders Show Accumulation During Market Weakness

chest

Large ETH holders are quietly accumulating during market downturns, indicating a bullish sentiment for Ethereum.

user avatarElias Mukuru

Texas Forms Advisory Committee to Oversee Bitcoin Reserve

chest

Texas has formed an advisory committee led by Acting Comptroller Kelly Hancock to manage its Bitcoin reserve, including experts in custody arrangements and investment strategy.

user avatarKenji Takahashi

Texas Announces Plan to Buy Bitcoin for State Reserves

chest

Texas has announced a significant move to buy more Bitcoin for its state reserves, transitioning from ETF exposure to directly held Bitcoin.

user avatarMaria Fernandez

Uniswap Struggles with Selling Pressure Despite Increased Inflows

chest

Uniswap is facing significant selling pressure as its price retreats, despite increased inflows to Binance, indicating potential intent to sell.

user avatarRajesh Kumar

OKX and Korea Investment Securities Join Forces to Invest in Coinone

chest

OKX and Korea Investment Securities have acquired a 20% stake each in Coinone, a major South Korean crypto exchange, with a total investment of approximately $53 million.

user avatarMiguel Rodriguez

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.