The decentralized application (DApp) platform Avalanche had a significant technical disruption impacting the block production of the proof-of-stake (PoS) blockchain. 

On Feb. 23 at 12:02:27 pm UTC, Avalanche’s primary network experienced block production issues, seemingly halting the network. Avalanche’s blockchain explorer showed that the last block on Avalanche’s P-Chain, X-Chain and C-chain subnets was produced over an hour earlier. Avalanche also put out an official alert related to the block finalization stall. In a status update, Avalanche wrote:  

Developers across the community are currently investigating a stall in block finalization that is preventing blocks from being accepted on the Primary Network.

Block production is an important process for the stability and continuity of blockchain networks. It involves the inception of new blocks that validate and record transactions. Interruptions in the block production process result in delays in transaction processing, impacting the overall functionality of the network. 

In an X post, Kevin Sekniqi, the co-founder of Ava Labs, said the team is already investigating the issue. According to Sekniqi, the halt in block production may be connected to a “new inscription wave” launched an hour before the problems surfaced. 

The Ava Labs executive believes that the issue might be an “esoteric bug from some edge case” and mentioned that the issue is likely a mempool handling issue with inscriptions. Sekniqi assured the community that this would be “handled quickly.”

Nearly an hour later, Sekniqi clarified that the issue was a code-related bug unrelated to performance handling. The executive explained that inscriptions may have hit the edge case but did not affect performance. 

Similar reports on Avalanche’s block production halting surfaced on March 23, 2023. At the time, the Avalanche blockchain explorer showed that the C-chain stopped producing blocks. However, Sekniqi explained that the network had been unstable due to a bug with its v1.9.12, and the team deployed a fix to stabilize the network.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Ethena plans to leverage USDe to integrate DeFi, CeFi and traditional finance

Ethena plans to leverage USDe to integrate DeFi, CeFi and traditional finance

Ethena (ENA), a protocol developed on the Ethereum blockchain offering a synthetic stablecoin (USDe) that operates across various DeFi applications, announced on Friday that itsUSDe will integrate DeFi, CeFi and traditional finance as part of its 2024 roadmap. 

More Cryptocurrencies News

XRP hovers above $0.50 as Ripple joins alliance to simplify recovery of digital assets

XRP hovers above $0.50 as Ripple joins alliance to simplify recovery of digital assets

XRP trades around $0.5174 early on Friday, wiping out gains from earlier in the week, as Ripple announced it has joined an alliance to support digital asset recovery alongside Hedera and the Algorand Foundation. 

More Ripple News

Toncoin price surges as Notcoin gains attention across the crypto community

Toncoin price surges as Notcoin gains attention across the crypto community

TON saw a brief rally on Thursday following a recent announcement that Binance and OKX will launch Notcoin (NOT) as the newest token on the Binance launchpool and the OKX Jumpstart.

More Cryptocurrencies News

AI crypto coins rally ahead of ChatGPT creator OpenAI plans to announce Google search competitor on Monday

AI crypto coins rally ahead of ChatGPT creator OpenAI plans to announce Google search competitor on Monday

Barely before the hype around NVIDIA stock gain is over, AI crypto tokens have another bullish catalyst coming their way, which could provide more tailwinds to drive the price of the sector’s tokens.

More Cryptocurrencies News

Bitcoin: Why BTC is close to a bottom

Bitcoin: Why BTC is close to a bottom

Bitcoin (BTC) price efforts of a recovery this week have been countered by selling pressure during the onset of the American session. However, the downside potential appears to have been capped. Markets have noted significant trading differences between sessions, and while the Asian market showed strength, whatever ground they were able to cover was oftentimes wiped out by traders in the US.

Read full analysis

BTC

ETH

XRP