At press time, the Arbitrum One community had been down for over 60 minutes resulting from sequencer and feed points.
In keeping with the community’s standing web page, Arbitrum, a high Ethereum scaling answer, skilled downtime on Dec. 15. The dashboard labeled the incident as a “major outage”, noting {that a} probe was underway to find the foundation trigger and deploy a repair.
The Arbitrum One Sequencer and Feed stalled at 10:29 a.m. ET throughout a major surge in community site visitors. We’re working to resolve as shortly as attainable and can present a autopsy as quickly as attainable
Arbitrum standing update
Arbitrum’s layer-2 community had processed over 22.29 million transactions, based on l2beat earlier than the halt, and boasted a complete worth locked of $2.3 billion DefiLlama information.
The L2 scaling blockchain settles on-chain transactions off Ethereum’s mainnet, providing cheaper fuel charges and aiming to decongest defi’s largest blockchain.
This isn’t the primary time Arbitrum has stalled. In June 2023, defi’s largest L2 community got here to a standstill for over an hour resulting from a bug in its sequencer. The difficulty prompted Arbitrum’s sequencer to revert batches on-chain, finally draining the sequencer of Ether (ETH). Builders manually topped up the sequencer, mounted the bug, and returned the L2 community to normalcy.
The put up Network traffic surge stalls Arbitrum One first appeared on Investorempires.com.
