The Ethereum network experienced a second incident of its sort in less than 24 hours.
During a 25-minute period on Thursday, blocks were proposed but not validated.
Ethereum is the second biggest blockchain in terms of total cryptocurrency market capitalization, but it had a technical snag on Friday that prevented its network from finalizing blocks for almost an hour.
According to the Ethereum Foundation, a block cannot be changed or deleted from the blockchain without burning at least 33% of the total staked ETH, a process that takes around 15 minutes and guarantees finality.
Blocks Proposed But Not Validated
On Friday at noon, the network experienced what looks to be the second incident of its sort in less than 24 hours. During a 25-minute period on Thursday, blocks were proposed but not validated. Many in the crypto world have taken to social media to speculate on the source of these outages, but so far, no answers have been provided.
Prominent venture capitalist Adam Cochran stated
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