Trading & Financial News
No Result
View All Result
Wednesday, October 15, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Crypto

Degen Chain L3 Stops Producing Blocks for 11 Hours

by Tradinghow
May 14, 2024
in Crypto, Stock Trading
A A
0
Degen Chain L3 Stops Producing Blocks for 11 Hours
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


The unexpected pause raises concerns but showcases the chain’s resilience and technological robustness in the face of challenges.

https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB

In a recent development that caught the attention of the crypto community, the Layer 3 Degen Chain experienced a significant operational hiccup, halting block production for an extended period of 11 hours. This unexpected pause was due to a massive 500,000-block reorganization, commonly referred to as a “reorg,” sparking discussions and concerns regarding the chain’s reliability and future performance.

Understanding the Incident

The halt in block production is a critical issue for any blockchain, as it directly impacts the network’s ability to process transactions and maintain its operations. In the case of the Degen Chain, the 11-hour stoppage was a result of a technical complication that led to a reorg. A block reorganization occurs when a blockchain discards blocks that were previously considered part of the main chain and replaces them with a new set of blocks. This can happen for various reasons, including network attacks, software bugs, or consensus failures among nodes.

Response and Resilience

Will Papper, Co-founder of Syndicate, quickly addressed the community’s concerns, assuring that a fix for the issue was on the way. Despite the temporary setback, the Degen Chain has shown a remarkable ability to bounce back and continue its operations. Known for its high transaction throughput and resilience, the chain has become a significant player within the Ethereum ecosystem, particularly appealing to users and investors interested in small-scale transactions.

Technological Backbone

The Degen Chain leverages Arbitrum Orbit technology to enhance its performance, ensuring fast and reliable transaction processing. Additionally, it employs the AnyTrust protocol, which offers a cost-effective solution for data availability. This combination of technologies, along with the use of Base as a settlement layer, provides the chain with a robust foundation for secure and efficient transactions. As a result, the Degen Chain has successfully attracted nearly 13 million accounts and processed over 105 million transactions since its inception, supporting the DEGEN token and fostering a vibrant ecosystem.

Takeaways

The recent incident with the Degen Chain serves as a reminder of the technical challenges and vulnerabilities inherent in blockchain technologies. However, it also highlights the importance of swift response, robust infrastructure, and community trust in overcoming such hurdles. For users and investors, understanding the technological underpinnings and operational dynamics of blockchain platforms is crucial for making informed decisions. As the Degen Chain moves forward, its ability to adapt and improve in the face of challenges will be key to its continued success and growth within the crypto space.



Source link

  • Trending
  • Comments
  • Latest
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
China tech groups lead multibillion-dollar campaign to help exporters sell at home

China tech groups lead multibillion-dollar campaign to help exporters sell at home

April 20, 2025
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

October 15, 2025
Client Challenge

Client Challenge

October 15, 2025
Nigerian Automaker, Innoson launches plan for new CNG assembly plant

Nigerian Automaker, Innoson launches plan for new CNG assembly plant

October 15, 2025
Raila Odinga, ‘the enigma of Kenyan politics’, passes away aged 80

Raila Odinga, ‘the enigma of Kenyan politics’, passes away aged 80

October 15, 2025

Recent News

Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

Top 10 Blogs from Q3: Private Market Reckoning, Fed Pivots, the Case for Low-Vol

October 15, 2025
Client Challenge

Client Challenge

October 15, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

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