• 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

Solana's price steadies and seeks to rebound.

chest

Solana's price has shown signs of recovery after finding support at 8350, but faces resistance below 8850.

user avatarLeo van der Veen

Ethereum Faces Sustained Selling Pressure Amid Market Analysis

chest

Ethereum has lost over 12% of its value in the past ten days due to consistent selling pressure.

user avatarAisha Farooq

Coinbase Enhances Compliance Workflows with AI Integration

chest

Coinbase has integrated AI into its compliance workflows, achieving a 90% improvement in restriction resolution time, but resulting in approximately 700 layoffs.

user avatarLi Weicheng

Market Analyst Cautions on HYPE and Zcash's Recent Performance

chest

Technical analyst Ali Martinez warns of potential downside risks for HYPE and Zcash after recent surges, indicating possible price corrections.

user avatarTenzin Dorje

Bitcoin Coinbase Premium Index Stays Negative Amid Price Fluctuations

chest

The Bitcoin Coinbase Premium Index remains negative despite Bitcoin's price recovery towards $78,000, indicating a lack of buying pressure from Coinbase users.

user avatarBayarjavkhlan Ganbaatar

XRP Achieves Record Growth in Real World Asset Sector

chest

XRP has surpassed Ethereum and Solana in Real World Asset (RWA) growth, achieving a remarkable increase in market value.

user avatarMohamed Farouk

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.