Saturday, September 13, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Avalanche C-Chain Experiences Block Manufacturing Halt, AVAX Worth Responds

by SB Crypto Guru News
February 23, 2024
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0


In a current growth, the Avalanche (AVAX) C-Chain encountered a big disruption in block manufacturing, resulting in a halt for over one hour. The interruption, which affected the first community, was noticed by the Avascan browser, with the final transaction recorded at block 42046853 (19:13 UTC+8).

Though different subnets skilled a slight delay, the first community confronted essentially the most substantial affect.

Avalanche C-Chain Block Manufacturing Halt

Ava Labs, the crew behind the Avalanche protocol, acknowledged the problem and promptly initiated an investigation. In accordance to Kevin Sekniqi, co-founder of Avalanche, the disruption is believed to be associated to a brand new inscription wave that was launched roughly an hour earlier than the block manufacturing interruption. 

Sekniqi expressed confidence that the incident was brought on by an “esoteric bug” stemming from an untested edge case, emphasizing the necessity for a swift decision.

The disruption is presumed to be related to a mempool dealing with concern particularly tied to inscriptions, which encountered untested edge circumstances.

When questioned about the potential of such untested eventualities arising, Sekniqi acknowledged that whereas ideally, there must be no untested edge circumstances, the vastness of the codebase and steady updates make it difficult to anticipate each doable state of affairs. 

Avalanche
Avalanche C-Chain’s disruption notification. Supply: @PeckShield on X

The Avalanche co-founder additional clarified that thorough testing is carried out on testnets, however the intricacies of the mainnet atmosphere can introduce “unexpected challenges.”

At current, no additional official assertion has been issued by the Avalanche protocol, awaiting extra reviews and updates from the event crew to achieve additional insights into the scenario. 

AVAX Worth Dips

In the course of the incidence of the block manufacturing halt, the AVAX value, which serves because the native token of the Avalanche protocol, exhibited a damaging response, additional extending the continuing decline noticed since Thursday when the value was at $43.

As of now, the AVAX value has reached $36.13, indicating a decline of over 2% throughout the previous 24 hours, accompanied by a considerable drop of 11.7% over the course of the earlier seven days.

Avalanche
The each day chart exhibits AVAX’s value trending to the draw back. Supply: AVAXUSD on TradingView.com

The following actions taken by the Avalanche crew in response to this case, in addition to the consequential impact on the AVAX value, are but to be decided.

Featured picture from Shutterstock, chart from TradingView.com

Disclaimer: The article is offered for academic functions solely. It doesn’t characterize the opinions of NewsBTC on whether or not to purchase, promote or maintain any investments and naturally investing carries dangers. You might be suggested to conduct your personal analysis earlier than making any funding selections. Use info offered on this web site fully at your personal threat.



Source link

Tags: AvalancheAVAXBitcoin NewsblockCChainCrypto NewsCrypto UpdatesExperiencesHaltLatest News on CryptoPriceProductionrespondsSB Crypto Guru News
Previous Post

Avalanche Fails to Produce Block for Virtually Two Hours, Builders Rush to Repair Main Outage

Next Post

Uniswap (UNI) Jumps 60% on Proposal to Reward Token Holders in Main Governance Overhaul

Related Posts

Coinbase Clarifies Token Listing Process, Emphasizes Free Submissions and Transparency

Coinbase Clarifies Token Listing Process, Emphasizes Free Submissions and Transparency

by SB Crypto Guru News
September 13, 2025
0

Coinbase is redefining crypto listings with a transparent, merit-based review process that fast-tracks vetted tokens, prioritizes investor protection, and aligns...

Crypto Faces PATRIOT Act Crackdown—What You Need To Know

Crypto Faces PATRIOT Act Crackdown—What You Need To Know

by SB Crypto Guru News
September 13, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US government is preparing to bring...

Mid-Sized Bitcoin Holders Break Records With 65K BTC Weekly Accumulation

Mid-Sized Bitcoin Holders Break Records With 65K BTC Weekly Accumulation

by SB Crypto Guru News
September 12, 2025
0

According to data from blockchain analytics firm Glassnode, a group of mid-sized Bitcoin holders has stepped up buying this week,...

From USDT to USAT: Tether Maps a Stateside Playbook

From USDT to USAT: Tether Maps a Stateside Playbook

by SB Crypto Guru News
September 12, 2025
0

Tether plans a new chapter in dollar-linked tokens, unveiling USAT—a planned U.S.-regulated, dollar-backed stablecoin—and naming Bo Hines as CEO-designate of...

Bitcoin Price Hits 5K As 0M Pours Into Spot ETFs

Bitcoin Price Hits $115K As $500M Pours Into Spot ETFs

by SB Crypto Guru News
September 12, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price rose over 1% in...

Load More
Next Post
Uniswap (UNI) Jumps 60% on Proposal to Reward Token Holders in Main Governance Overhaul

Uniswap (UNI) Jumps 60% on Proposal to Reward Token Holders in Main Governance Overhaul

In Lejilex vs. SEC, Crypto Goes on Offense within the Courts

In Lejilex vs. SEC, Crypto Goes on Offense within the Courts

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.