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Avalanche Network Encounters Block Production Failure
A recent incident has brought attention to the Avalanche network, a layer-1 blockchain platform, as it faced a block production failure lasting nearly two hours. The interruption, which affected the primary network, was observed through the Avascan browser, with the last transaction recorded at block 42046853 (19:13 UTC+8).
Details of the Incident
The Avalanche status page issued a statement indicating a “Block Finalization Stall,” with developers actively investigating the issue. The stall in block finalization on the primary network hindered the acceptance of new blocks, leading to operational disruptions. This is a crucial process for ensuring the stability and continuity of blockchain networks, as it involves validating and recording transactions within new blocks. Interruptions in block production can result in delays in transaction processing, affecting the overall functionality of the network.
Block Production Halt and Community Response
On February 23 at 12:02:27 pm UTC, Avalanche’s primary network experienced block production issues, leading to a seemingly halted network. An official alert related to the block finalization stall was issued by Avalanche, stating that developers across the community were investigating the issue preventing blocks from being accepted on the primary network.
Meanwhile, this isn’t the first time Avalanche has faced block production halts. Similar incidents were reported on March 23, 2023, when the C-chain stopped producing blocks. The co-founder of Ava Labs, Kevin Sekniqi, addressed the issue, mentioning that the team was actively investigating the issue and suggested that the halt in block production might be connected to a “new inscription wave” launched just before the problems surfaced.
Community Discussion and Market Response
The outage has prompted discussions within the crypto community, drawing comparisons to the recent Solana blockchain network outage. With both Avalanche and Solana encountering disruptions within a short timeframe, social media users are actively debating the reliability and scalability of emerging blockchain networks.
As of the latest update, the Avalanche price slipped 3.08% and traded at $36.38, while its trading volume fell 16.83% to $422 million. Notably, the AVAX crypto has lost nearly 12% in the last seven days while noting monthly gains of 30%.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
