2024

DeFi

Kevin

Block

Avalanche

<h4><strong>This unexpected pause has raised concerns and prompted an immediate investigation from stakeholders and the network’s developers.</strong></h4> 
<p>According to data from <a href="https://avascan.info/" target="_blank" rel="noopener">Avascan</a>, a widely used block explorer for the Avalanche network, the last transaction recorded on the Avalanche C-Chain occurred at block number 42046853, timestamped at 19:13 UTC+8.</p> 
<h5><strong>Urgent Fix Sought for Avalanche C-Chain Issue</strong></h5> 
<p>Block production halt impacts C-Chain and causes delays in Avalanche’s subnets, signaling a critical network-wide issue. Sekniqi, Co-Founder of Ava Labs stated the incident.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Investigating Avalanche primary network block production issue right now. Seems to be related to a new inscription wave launched about an hour ago.</p> 
 <p>— Kevin Sekniqi <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@kevinsekniqi) <a href="https://twitter.com/kevinsekniqi/status/1761003218836873728?ref_src=twsrc%5Etfw">February 23, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Preliminary findings link the block production halt to a recently introduced inscription feature. <a href="https://www.altcoinbuzz.io/?s=inscriptions" target="_blank" rel="noopener">Inscriptions</a> let users embed and permanently store data on the Avalanche blockchain. The feature’s deployment aimed to improve functionality but unintentionally impacted network stability.</p> 
<p>Users and developers depend on uninterrupted block production for transactions, smart contracts, and dApp interactions Ava Labs is actively working to identify the issue and restore normal operations quickly. So, the incident highlights the challenges blockchain networks face by introducing new features to meet DeFi and community demands.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">Avalanche is down<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
 <p>The last block on the Avalanche C-Chain appears to have been more than an hour ago, according to on-chain data.<a href="https://twitter.com/search?q=%24AVAX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AVAX</a> <a href="https://t.co/P5pUZdzDTQ">pic.twitter.com/P5pUZdzDTQ</a></p> 
 <p>— Dagnum P.I. (@Dagnum_PI) <a href="https://twitter.com/Dagnum_PI/status/1761016916326465934?ref_src=twsrc%5Etfw">February 23, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>As the situation unfolds, the Avalanche community and investors are closely monitoring updates from Ava Labs and supporting efforts to resolve the issue. The halt in block production serves as a reminder of the technical complexities and potential vulnerabilities associated with operating and innovating on blockchains.</p> 
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<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/avalanche-c-chain-block-production-halts/">Avalanche C-Chain Block Production Halts</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.</p>

Avalanche C-Chain Block Production Halts

Altcoin Buzz

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