Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours.
According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6. Since then, no new blocks have been created, effectively halting transaction processing.
Stacks Blockchain Outage (Source: Stacks)
The project’s team confirmed the issue on its social media platform, stating that developers are investigating a delay in block production caused by a signer. While updates are expected, the team has yet to provide a resolution timeline.
They stated:
“Core devs are investigating a delay in block production related to a Signer. Standby for more updates.”
This outage occurs less than three months after the Nakamoto upgrade, a significant update designed to improve transaction speeds and enhance security.
The Nakamoto upgrade closely aligns Stacks blocks with Bitcoin’s finality, leveraging the top crypto’s robust hash power to secure transactions. By
We współpracy z: https://cryptoslate.com/bitcoin-l2-stacks-faces-four-hour-outage-halting-transactions/