The Base blockchain, the main Ethereum layer 2 network developed by Coinbase, isit is Even though the network continued to produce blocks without interruption, there was a temporary delay in processing transactions.
According to an official update from Base engineers, the network was experiencing intermittent delays in packaging transactions, in some cases causing users to wait longer than usual for confirmations, or transactions being dropped during times of increased network congestion.
of The Ethereum L2 blockchain is ×post “Due to network congestion, transactions may be delayed or lost. We are working on a long-term solution to resolve this issue and will provide updates as soon as they are resolved.” progress. “
A serious problem has occurred in the operation of the base.
Prior to this, Base issued a statement informing customers that there were temporary delays in mainnet operations, particularly impacting transaction processing. this delay Users were frustrated due to network congestion and increased latency.
For now, Ethereum L2 blockchain executives explained that block creation will continue as usual and transactions will be processed. However, you may experience delays or drops during peak traffic times.
While all parties are awaiting an official statement from the base on the exact cause of the incident, reports indicate that this is not the first time network operations have been delayed. Late last year, Base experienced a 19-minute interruption in block creation.
The Ethereum L2 blockchain reported the incident at 6:15 UTC, causing tension among clients. In an attempt to allay their concerns, the base shared on its official status page that the issue had been resolved by 6:44 UTC. Notably, this incident represented the first major outage for the network.
During the disruption, Coinbase’s network faced delays in withdrawals, block generation, deposits, and Flashblocks functionality. The issue was fixed within 30 minutes and the team continued to attend to other issues.
Nevertheless, they did not reveal the reason for the delay. Some sources claim that this outage may have occurred due to a significant increase in token creation on the Ethereum Layer 2 blockchain. To support this claim, he pointed out that there were scenarios where the network issued more than 54,000 new tokens in a single day.
Meanwhile, the recent incident is the second such incident, and users have expressed concerns about financial risks and loss of trust in the blockchain network after seeing repeated delays, with Base still not revealing the root cause of the two incidents.
Sui is facing network failure
Similar to Base, Sui, a high-performance layer 1 blockchain, reported an outage on January 14th that significantly impacted mainnet activity. this confusion Transaction processing and checkpoint authentication on the blockchain was temporarily halted, causing tension in the cryptocurrency industry.
The team shared an X post dated January 16th that details the main causes of this issue. In the post, it said that disagreements among validators over internal consensus led to the outage. According to their investigation, high network traffic, external attacks, or security issues were not the cause of the disruption. The team then reassured users that their assets remained safe throughout the incident.
Meanwhile, reporters reached out to Layer 1 Blockchain to ask how it identified the outage. In response to this question, Sui highlighted that a rare bug was discovered in the way consensus commits are handled, which caused validators to reach different conclusions when managing certain conflicting transactions.
Because of this effect, validators have started developing various checkpoint candidates, preventing the consensus needed to certify new stake-focused checkpoints, it added. At this point, the network was briefly intentionally suspended when validators realized that stakeholders were signing inconsistent checkpoint data.
Although this outage stopped block production and transaction execution, no inconsistent state was committed.