Categories: Crypto

The Base network experienced a massive outage

Coinbase's Layer 2 network went down and was down for 43 minutes. During this time, no new blocks were produced. This is the first major failure since the launch of the Base network. Let us remind you that on August 9, 2023, Coinbase presented the public version of the mainnet.

On September 5 at 21:36 UTC, the creation of new blocks in the Base network stopped. The developers released a fix, and after 43 minutes, the blockchain resumed operation.

“We have encountered a delay in the production of units due to some of our internal infrastructure requiring upgrades. We have implemented a fix and are seeing service restored,” a Coinbase spokesperson told Cointelegraph in response to an inquiry about the outage.

Base noted that they continue to monitor the network, and the cause of the failure has been identified and eliminated.

Collective Shift platform research director Matt Willemsen said there are potential problems with using Layer 2 networks. In his opinion, the Ethereum main network works much better “in combat conditions” than Arbitrum One, zkSync Era, Base and other Layer-2 solutions.

A few days after the launch of the network, the number of active users exceeded 100,000 people. The editors of Incrypted have prepared a separate article about where the hype for meme tokens in Base comes from.

legenda

Recent Posts

During a full-scale war, the Ukrainian Student League collaborated with the Russian oligarch’s foundation

In 2022, the Ukrainian Student League (USL) collaborated with the Rassvet Foundation, founded by Russian oligarch Mikhail…

3 weeks ago

Employees of a fraudulent call center network detained in Russia: details

In Russia, managers and employees of a “branch” of an international network of call centers were exposed. This was reported by RBC-Ukraine...

1 month ago

Why did the judicial “under-reformer” Mikhail Zhernakov decide to criticize the legal profession?

Mikhail Zhernakov is one of the most public figures in the field of judicial reform in Ukraine, which...

1 month ago

The pointless “book club” of the Ministry of Culture

The ministry spent tens of millions on printing unnecessary books in “its” publishing houses. The Ministry of Culture during...

2 months ago

More than two state budgets. How money is withdrawn from Ukraine

Over more than 30 years of independence, at least $100 billion has been withdrawn from Ukraine abroad,...

2 months ago

“Decided” by the tax office Andrei Gmyrin organized a business with Russians and relatives of judges

Remember the former head of the Tax Service of Ukraine, Roman Nasirov, who wrapped himself in a blanket, pretending to be seriously ill in...

2 months ago

This website uses cookies.