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An Overview of Starknet’s Recent Block Outage
An error within Ethereum layer-2 scaling solution Starknet caused a four-hour block outage on April 4. The protocol team revealed in an April 5 statement that Starknet discovered a “rounding error bug that led to the reorg of blocks,” resulting in the transaction backlog hitting full capacity.
Details of the Block Outage Incident
- Starknet identified a rounding error bug leading to block reorganization.
- New transactions were temporarily unable to be processed.
- Some transactions were reverted due to parameter changes.
Following the incident, the backlog was cleared, and normal network operation resumed. Starknet is actively working with relevant parties to prevent future issues.
Challenges Faced by Starknet
Thursday’s outage is the latest in a series of challenges for the Israel-based protocol. Previous delays were experienced in early March after the adoption of Ethereum’s Dencun upgrade aimed at reducing Layer-2 rollup fees.
In January, Starknet’s parent company, StarkWare Industries, underwent leadership changes due to personal reasons, with the co-founder stepping down and the president taking over.
Starknet’s Future and Developments
Despite challenges, Starknet is preparing to launch its cryptocurrency, $STRK, in April following a successful airdrop in February. The protocol boasts a significant market cap and aims to provide massive scalability and lower costs.
StarkWare Industries, founded in 2018, focuses on zero-knowledge cryptographic proofs to address scalability issues. Starknet aims to offer fast transactions and significant scaling capabilities while maintaining low costs.
Participants eligible for the initial STRK allocation have a deadline until June 20 to claim their tokens. Starknet plans to release a full analysis of the recent outage incident at a later date.
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.
