BASE
by BSCN
September 6, 2023
Base network is now fully operational after facing a 45-minute downtime.
On September 5, 2023, Base Network, a Layer-2 solution built by Coinbase to improve Ethereum transactions, faced a significant challenge. The network went down for the first time since its public launch on August 9. For about 45 minutes, no new blocks were created, effectively freezing all activity.
According to the Networkβs X account, the issue was not due to any external hacking attempt or user error but originated from within the network itself.Β
A portion of their internal infrastructure needed a refresh, leading to the delay in block production. The team quickly spotted the issue and crafted a solution in 14 minutes, from 21:36 to 21:50 UTC, as seen in status.base.org. However, implementing this fix took some time, making the total downtime of approximately 1hour.
While the network was down, the good news is that nobody's funds were at risk. However, users couldn't transact or engage with Decentralized Applications (dApps) on the Base Network during that period. In the meantime, the network is fully operational, as shown in the image above.Β
This incident serves as a timely reminder about the risks of using blockchain networks in its early stages. Though promising, Layer-2 solutions like Base Network are less battle-tested than Ethereum's mainnet. As a result, they're more prone to glitches, outages, and other challenges.
Despite this setback, Base Network remains a project full of promise, particularly for reducing the costly gas fees associated with Ethereum transactions. If the team successfully addresses these reliability concerns, Base Network could emerge as a strong competitor and a go-to choice for Ethereum users.
In summary, while the recent outage was unfortunate, it provides valuable lessons for developers and users. Reliability must be at the forefront of its ongoing development for Base Network to achieve its potential.
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Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
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