Coinbase L2 Base suffers block production stall, team says fix deployed

Coinbase’s layer-2 network, Base, suffered a block production stall on Tuesday. 

According to a status page, the Base team said it identified the issue and had “deployed a fix.”

“We have deployed a fix and are starting to see recovery of block production and gossip,” the team wrote roughly 30 minutes after it announced the investigation.

In a previous post, the Base team wrote that it was “investigating a stall in production of blocks.”

“Users may have issues submitting transactions. We are actively investigating and will provide updates as we have them,” the team said earlier Tuesday in a post on the network’s status page. 

Read more: Base protocol is spearheading ‘the next generation of the internet’: Coinbase’s Jesse Pollak

The problem stemmed from a stalled production of blocks, which therefore caused transaction submission issues. According to the incident report, Base’s mainnet is impacted which led to the lack of block production.

Users on X, formerly Twitter, were quick to notice the issue and flag it. 

The layer-2 network, built on Optimism’s OP stack, went live in early August after Coinbase announced its plans to build it earlier this year. 

On launch day, the total bridge value exceeded $150 million.

In the weeks following the announcement, Base announced over 140 integrations.

Blockworks previously reported that Base has been “unusually successful” in attracting  volume from both cross-chain transactions and DeFi activity. 

Coinbase did not immediately return a request for comment.

Get the day’s top crypto news and insights delivered to your email every evening. Subscribe to Blockworks’ free newsletter now.

Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can’t-miss tweets and more from Blockworks Research’s Daily Debrief.

Can’t wait? Get our news the fastest way possible. Join us on Telegram and follow us on Google News.

blockworks.co

Leave a Reply

Your email address will not be published. Required fields are marked *