MultiversX Tracker is Live!

Arbitrum network back to normal after brief outage

CoinJournal

Cryptocoins News / CoinJournal 117 Views

  • Ethereum layer 2 solution Arbitrum had a brief downtime on Friday.
  • An update showed a surge in inscriptions had contributed to the spike in network traffic and gas fees.
  • Arbitrum has since “resolved this issue,” with operations back to normal and gas prices steadily recovering.

Arbitrum, a rollup chain on Ethereum, is running normally after a brief downtime on Friday.

The layer 2 Ethereum scaling solution faced a little more than one hour network outage on December 15. An update posted on the official Arbitrum Foundation account on X noted that the outage happened after a surge in inscriptions triggered a stall in the Arbitrum One Sequencer.

Arbitrum operations back to normal

According to details shared with the community, the Arbitrum One Sequencer and Feed stalled approximately at 10:29 AM ET. The technical hitch led to a significant surge in network traffic and inevitably a spike in transaction fees.

While the platform has yet to provide a full post-mortem of the temporary outage, initial investigations show that rising inscriptions triggered the Sequencer’s failure. Here’s the team’s initial report.

The Arbitrum One Sequencer is up and running after a temporary outage starting at 10:29 AM EST and resuming at 11:57 AM EST. The team is actively investigating, but we can confirm that a sustained surge of inscriptions triggered the sequencer to stop relaying transactions properly.”

Crypto analyst cygaar noted in a comment on X that its possible people had spammed the layer 2 chain with inscriptions. These overwhelmed the network’s sequencer, creating a huge backlog of transactions and skyrocketing the gas fees.

& In a later update, the Arbitrum team said:

Gas prices on Arbitrum One have stabilized and operations are back to normal. We’re continuing to gather more information and will provide a full post-mortem in the coming days.”

The post Arbitrum network back to normal after brief outage appeared first on CoinJournal.


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments