Fun

News Feed - 2023-09-06 07:09:31

Tom Mitchelhill1 hour agoCoinbase layer-2 network Base suffers first major outage since launchBlock production on Base abruptly halted for 43 minutes as developers rushed to implement a fix.380 Total views20 Total sharesListen to article 0:00NewsJoin us on social networksCoinbase’s Ethereum layer-2 network Base has suffered its first major outage since its public launch on Aug. 9.


For approximately 45 minutes on Sept. 5, no new blocks were produced on the Base chain. Its developers first identified the “stalled” block production at 9:36 pm UTC, according to the Base status site. Block production has since resumed. Block production on the Base network stalled at 9:36pm Sept. 5. Source: BaseScan


“We identified a delay in block production due to part of our internal infrastructure requiring a refresh. We’ve implemented a fix and are seeing widespread recovery,” Coinbase told Cointelegraph in response to a query on the outage. 


Base said it is continuing to monitor the chain for further issues. Base developers said the cause of the outage has been identified and fixed. Source: Base


Matt Willemsen, head of research at crypto education platform Collective Shift, highlighted the differences in using Ethereum’s layer 2 networks and claimed they aren’t as “battle tested” as Ethereum’s mainnet.Coinbase"s Base chain just had its first major outage, lasting for 43 minutes. Blocks have just started to be produced again.

Another reminder that using Ethereum L2s (e.g. Arbitrum One, OP Mainnet, zkSync Era, Base) is NOT the same as using Ethereum mainnet, which is more… pic.twitter.com/JbUNQUGNwu— Matt Willemsen (@matt_willemsen) September 5, 2023


Magazine: Joe Lubin — The truth about ETH founders split and ‘Crypto Google’# Blockchain# Coinbase# BaseAdd reactionAdd reactionRead moreHow to actually spend your Bitcoin, ExplainedHow blockchain tech and dMRV can help carbon trading marketsIf Worldcoin can improve the world, why not give it a chance?

News Feed

‘Ethereum: The Infinite Garden’ Documentary Project Raises 1,036 Ether
"Ethereum: The Infinite Garden" Documentary Project Raises 1,036 Ether A documentary project called “Ethereum: The Infinite Garden” has raised 1,036
Metaverse Dualchain Network Architecture (DNA) Continues Global Expansion and Announces a Successful First Quarter in 2020
Metaverse Dualchain Network Architecture (DNA) Continues Global Expansion and Announces a Successful First Quarter in 2020April 27th, 2020, Toronto, Canada – The Metaverse DNA
Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since ‘Black Thursday’
Market Update: Slew of Unknown Coins Has Seen Considerable Gains Since "Black Thursday" The cryptocurrency economy has been slowly rising toward a $200 billion market capitalizat
Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year
Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest y
Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System
Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System Cryptocurrency exchange Coinbase has announced that it is launching full-scale cryp
Gareth Jenkinson15 hours agoMultiversX launches on-chain two-factor authentication standardBlockchain protocol MultiversX has implemented a novel two-factor authentication mechanism to add additional security to its netw
Wallet Provider Blockchain Ventures Takes Stake in Gaming Platform Enjin
The venture arm of cryptocurrency wallet, data and exchange provider Blockchain has taken a stake in blockchain game technology firm Enjin. Blockchain Ventures said on Tuesday th
Japan's Sony Bank tests yen-backed stablecoin for gaming and sports IP payments
Savannah Fortis24 minutes agoJapan"s Sony Bank tests yen-backed stablecoin for gaming and sports IP paymentsSony Bank says it is experimenting with the possibility of issuing its own yen-backed stablecoin as a form of pa
Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says AnalystBloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair v
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
Financial Warfare: Afghan Central Bank"s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan The war in Afghanistan has been an extremely long confl
Bitfinex Hackers Move Another $4.1 Million Bitcoin in Their Biggest Pay Day Yet
Bitfinex Hackers Move Another $4.1 Million Bitcoin in Their Biggest Pay Day YetCyber-thieves from the Bitfinex hack of four years ago continue to cash out, this time transferring th
No $200K Bitcoin? Popular Trader Explains Why It’s Unlikely This Decade
Este artículo también está disponible en español. Peter Brandt, a seasoned trader, has dismissed optimistic predictions in the wake of Bitcoin’s recent increase to