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Avalanche Blockchain’s Unexpected Downtime, AVAX Price Reacts
In a startling turn of events, the Avalanche blockchain experienced a significant outage, halting block production for nearly two hours and causing ripples in the crypto space.
Avalanche Blockchain’s Outage: What Actually Happened?
Early on February 23, 2024, the Avalanche blockchain, specifically its C-Chain, ceased to produce blocks, effectively freezing transactions and sparking concern among users and investors. The halt in block production lasted for almost two hours, a period during which the blockchain’s status page confirmed the absence of new blocks.
Investigating Avalanche primary network block production issue right now. Seems to be related to a new inscription wave launched about an hour ago.
— Kevin Sekniqi 🔺 (@kevinsekniqi) February 23, 2024
Kevin Sekniqi, co-founder of Ava Labs, initially attributed the problem to “a new inscription wave”. Inscriptions, which allow the
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