Solana

Kevin

Bitcoin

Block

Avalanche

A technical snag has hit Layer-1 network Avalanche, causing a halt in block production for over four hours, as confirmed by its status page and block explorer. 
Kevin Sekniqi, co-founder of Ava Labs, shed light on the issue, suggesting it may be linked to a recent surge in inscriptions. 
Inscriptions, a mechanism for recording arbitrary data on a blockchain without smart contracts, originated on Bitcoin and have since been utilized for activities like minting non-fungible tokens (NFTs). 
The block production pause on Avalanche commenced at 11:13 UTC. 
“Developers across the community are currently investigating a stall in block finalization that is preventing blocks from being accepted on the Primary Network,” a notice on Avalanche’s website states. 
The network’s native token, AVAX, has seen a decline of 2.95% following the outage. 
Conversely, the CoinDesk CD20 Index has experienced a 0.65% increase during the same timeframe. 
It is worth noting that on February 6th at 10:22 UTC, the Solana network also experienced a <a href="https://www.unlock-bc.com/117565/solana-network-experiences-major-outage-engineers-investigate-take-action/" class="ek-link">disruption</a>, prompting a collaborative effort among engineers to resolve the issue on the mainnet beta. 
Validators and developers promptly responded to the outage, initiating preparations for a restart approximately one hour later. They began generating snapshots for slot 246464040 and plan to reboot the Mainnet-Beta cluster using version 1.17.20, alongside the availability of the jito-solana release. 
During the outage, block production on the Solana mainnet ceased, halting block progression. The severity of the situation was indicated by the Solana blockchain explorer, which displayed a “major outage” warning. Nonetheless, it was restored 
The post <a rel="nofollow" href="https://www.unlock-bc.com/118619/avalanche-network-faces-block-production-halt-for-over-four-hours/">Avalanche Network Faces Block Production Halt for Over Four Hours</a> appeared first on <a rel="nofollow" href="https://www.unlock-bc.com">UNLOCK Blockchain</a>.

Avalanche Network Faces Block Production Halt for Over Four Hours

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