• 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

Robert Dunlap Sentenced to 23 Years for Cryptocurrency Fraud

chest

Robert Dunlap has been sentenced to 276 months in federal prison for orchestrating a $20 million cryptocurrency fraud scheme involving the Meta 1 Coin.

user avatarAyman Ben Youssef

Dunlap's Lavish Lifestyle Funded by Fraudulent Scheme

chest

Dunlap funded a lavish lifestyle through a fraudulent scheme, spending $215,000 on a Ferrari and other luxury items while deceiving investors.

user avatarZainab Kamara

Dunlap's Fraud Involved Fake Art and Gold Claims

chest

Dunlap falsely claimed that his Meta 1 Coin was backed by a $1 billion art collection and $2 billion in gold, deceiving investors.

user avatarSon Min-ho

Senator Blumenthal Increases Examination of Binance Regarding Iran Transactions.

chest

Senator Blumenthal is intensifying his investigation into Binance regarding its transactions related to Iran, focusing on compliance with US and international sanctions.

user avatarTando Nkube

Family Challenges Suicide Ruling in Ashly Robinson's Death

chest

The family of Ashly Robinson is contesting the Tanzanian police's ruling of suicide following her death in Zanzibar.

user avatarNguyen Van Long

Joe McCann's Passport Held by Police Amid Investigation into Fiancée's Death

chest

Joe McCann, founder of the crypto hedge fund Asymmetric, is under investigation by Tanzanian police after the death of his fiancée, Ashly Robinson, who was found unresponsive in her hotel room. Authorities ruled her death a suicide but are holding McCann's passport pending autopsy results.

user avatarKofi Adjeman

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.