Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
L3 Degen chain stopped producing blocks 42 hours ago

L3 Degen chain stopped producing blocks 42 hours ago

BlockworksBlockworks2024/05/14 23:58
By:Blockworks

The latest post from Degen said that Conduit expected the resync to be done by early Tuesday morning

Degen chain, a layer-3 blockchain, hasn’t produced a block in over 42 hours. 

According to the last post on Degen’s X account, a resync was expected to be completed at around 9 am ET, or 6 am PT. Yet hours later, the network remains stalled. 

“Post-resync, they’ll test the chain to ensure all data affected by the reorganization is restored. We apologize for the downtime,” the last post — which went up earlier Tuesday — said .

Degen’s chain explorer shows that no transactions have happened today, and that the last transaction took place two days ago.

Third-party infrastructure provider Conduit’s last post is nearly 24 hours old. 

Read more: What is Degen chain? The L3 built for the memecoin community Degen

“After a custom config change on Friday at [2 pm ET] 11 am PT, two Conduit chains, Degen and Proof of Play’s Apex, stopped posting batches for more than 24 hours. Upon resuming, the first batches triggered reorgs on both chains,” Conduit said .

“We’re working with both teams and Offchain Labs to restore service and minimize impact to users,” the post continued.

As previously reported by Blockworks, Degen chain was designed to let developers access the memecoin community, and has become especially popular with Farcaster users.

“Degen, an ERC-20 token launched in January 2024, has reshaped the Farcaster ecosystem by enabling Casters to reward others with Degen for posting quality content,” Degen’s site said .

Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter .

Tags
    0

    Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

    PoolX: Earn new token airdrops
    Lock your assets and earn 10%+ APR
    Lock now!

    You may also like