Fun

Avalanche halts block production amid inscription wave launch

News Feed - 2024-02-23 09:02:59

Ezra Reguerra11 hours agoAvalanche halts block production amid inscription wave launchAva Labs co-founder Kevin Sekniqi believes the issue may be related to a recently launched inscription wave.2337 Total views9 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksUpdate (Feb. 23 and 1:28 PM UTC): This article has been updated to insert new information published by Ava Labs co-founder Kevin Sekniqi.


The decentralized application (DApp) platform Avalanche had a significant technical disruption impacting the block production of the proof-of-stake (PoS) blockchain. Investigating Avalanche primary network block production issue right now. Seems to be related to a new inscription wave launched about an hour ago.— Kevin Sekniqi (@kevinsekniqi) February 23, 2024


On Feb. 23 at 12:02:27 pm UTC, Avalanche’s primary network experienced block production issues, seemingly halting the network. Avalanche’s blockchain explorer showed that the last block on Avalanche’s P-Chain, X-Chain and C-chain subnets was produced over an hour earlier. Avalanche also put out an official alert related to the block finalization stall. In a status update, Avalanche wrote:  “Developers across the community are currently investigating a stall in block finalization that is preventing blocks from being accepted on the Primary Network.” 


Block production is an important process for the stability and continuity of blockchain networks. It involves the inception of new blocks that validate and record transactions. Interruptions in the block production process result in delays in transaction processing, impacting the overall functionality of the network. 


In an X post, Kevin Sekniqi, the co-founder of Ava Labs, said the team is already investigating the issue. According to Sekniqi, the halt in block production may be connected to a “new inscription wave” launched an hour before the problems surfaced. 


Related:Sports Illustrated moves NFT ticketing platform to Avalanche


The Ava Labs executive believes that the issue might be an “esoteric bug from some edge case” and mentioned that the issue is likely a mempool handling issue with inscriptions. Sekniqi assured the community that this would be “handled quickly.”


Nearly an hour later, Sekniqi clarified that the issue was a code-related bug unrelated to performance handling. The executive explained that inscriptions may have hit the edge case but did not affect performance. Clarification on this: the issue seems to be a gossip-related mempool management bug, which is purely a code-related bug, and not an issue with performance handling. Inscriptions seem to have hit the edge case, but inscriptions did not affect performance. https://t.co/9cvQSAmTVu— Kevin Sekniqi (@kevinsekniqi) February 23, 2024


Similar reports on Avalanche’s block production halting surfaced on March 23, 2023. At the time, the Avalanche blockchain explorer showed that the C-chain stopped producing blocks. However, Sekniqi explained that the network had been unstable due to a bug with its v1.9.12, and the team deployed a fix to stabilize the network.


Magazine:Real AI & crypto use cases, No. 4: Fight AI fakes with blockchain# Blockchain# AvalancheAdd reactionAdd reactionRead moreNewly released Satoshi emails reveal a treasure trove of early Bitcoin lorePrice analysis 2/23: BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, LINK, DOT

News Feed

President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender
President of Mexico Denies Having Interest in Adopting Bitcoin as Legal Tender The President of Mexico, Andres Manuel Lopez Obrador, denied having any interest in adopting cryptocu
Marcel Pechman2 hours agoWill Bitcoin price hold $26K ahead of monthly $3B BTC options expiry?Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell tro
Hong Kong court orders financial disclosures in Mantra Chain dispute
Derek Andersen2 hours agoHong Kong court orders financial disclosures in Mantra Chain disputeThe court said the DAO’s financial details should be known to both sides as they hash out ownership and control issues.296 To
Jesse Coghlan3 hours agoSEC has pushed investors into ‘toxic’ crypto products and FTX: WinklevossGemini co-founder Cameron Winklevoss said the SEC’s refusal to approve a spot Bitcoin ETF has been a “complete and
Tom Blackstone1 hour agoUS stocks rise as traders wait for inflation dataAll US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th.247 Total views7 Total sharesListe
Why is the crypto market down today?
Nancy Lubale5 hours agoWhy is the crypto market down today?The crypto market is down today as an unexpected sharp sell-off triggered a wave of liquidations in the derivatives market.1165 Total views1 Total sharesListen t
Dogecoin Price To $20? Higher Montly Close Suggests 8,000% Run Is Possible
Este artículo también está disponible en español. The Dogecoin price is starting to reverse some of its gains it made last week. At the time of writing, the Dogecoin pric
Major Korean Banks Back Bitcoin Startup Coinplug’s $6.4 Million Round
Coinplug, one of the earliest bitcoin exchange, wallet and payment startups in South Korea, has raised 7.5 billion won, or $6.4 million, from venture arms of major local financial institutions.
Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector
Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector U.S. Treasury secretary Janet Yellen initiated an unscheduled Finan
Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies
Crypto Investor Sues Apple Over Malicious App That Stole Cryptocurrencies A crypto investor has filed a class-action lawsuit against Apple Inc. after she downloaded a malicious app
Venezuela bans crypto mining to protect power grid
Amaka Nwaokocha52 minutes agoVenezuela bans crypto mining to protect power gridThis move follows a recent crackdown that involved confiscating 2,000 cryptocurrency mining devices as part of an anti-corruption initiative.
Ana Paula Pereira7 hours agoArkansas counties rush to pass noise regulations for crypto minersSeveral counties in the U.S. state of Arkansas are hurrying to adopt new ordinances before August, when crypto mining faciliti