5 days ago
Coinbase’s Ethereum Layer 2 network, Base, has resumed regular artifact accumulation aft a little work disruption connected Aug. 5, according to the project’s presumption page.
The disruption lasted from 06:15 UTC until 06:44 UTC.
The pause, which occurred astatine artifact tallness 33,792,704, temporarily impacted cardinal web functions, including deposits, withdrawals, and wide artifact production.
However, the contented was resolved swiftly, with mean artifact accumulation restarting astir 30 minutes aft the archetypal halt.
The Base squad confirmed the solution and said they would proceed monitoring the web arsenic of property time. The squad oregon its enactment has made nary further nationalist comments regarding the circumstantial origin of the problem.
This incidental marks Base’s 2nd outage, pursuing a similar lawsuit successful September 2023.
That disruption lasted implicit 40 minutes, and the Ethereum layer-2 web attributed the occupation to an interior infrastructure refresh, assuring users that nary funds were compromised.
Base’s web growth
The caller disruption occurred arsenic Coinbase and Base proceed to beforehand their improvement efforts.
The web has seen awesome maturation implicit the past month, peculiarly pursuing the motorboat of the Base App. This app has enhanced decentralized societal and creator system features by integrating platforms specified arsenic Zora and Farcaster.
This integration has driven a question of caller token launches and sparked accrued web activity, allowing Base to flip Solana successful caller token creation.
Additionally, the app introduced caller features specified arsenic Base Account and Base Pay, offering simplified individuality and outgo solutions.
Speaking connected these features, Youssef, the blockchain web Devrel, said:
“Base isn’t conscionable trying to alteration the fiscal strategy – it’s trying to alteration the mode we interface with the internet.”
Unsurprisingly, these features person helped it consistently outperform different Ethereum Layer 2 networks successful regular transaction volumes, surpassing adjacent networks similar Arbitrum and Optimism.
According to L2Beats data, Base is the second-largest Ethereum Layer 2 web successful presumption of worth secured, with implicit $13 cardinal successful full worth locked.
The station Coinbase’s Base resumes artifact accumulation aft little outage appeared archetypal connected CryptoSlate.
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