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Coinbase's Ethereum Layer-2 Network Base Faces First Major Outage since Launch

Algoine News
Summary:
Coinbase's Base, an Ethereum layer-2 network, experienced its first major outage since launching publicly. The block production on the Base chain was halted for approximately 45 minutes on September 5, but has since recovered. Coinbase swiftly addressed the issue and identified the cause, implementing a fix. The incident highlights the different reliability levels between Ethereum's Layer 2 networks and its mainnet, as mentioned by industry experts.
Coinbase's Ethereum layer-2 network Base experienced its inaugural significant downtime since launching publicly on August 9. The Base chain suffered from a block production halt for around 45 minutes on September 5. At 9:36 pm UTC, developers detected the "stalled" block production, as stated on the Base status site. Coinbase promptly addressed the issue, revealing that a delay occurred due to infrastructure refresh. After implementing a fix, they confirmed a widespread recovery of block production. Subsequently, the Base team successfully identified and resolved the cause of the outage. Moving forward, they will continue to monitor the chain for any potential future issues. Matt Willemsen, head of research at Collective Shift, emphasized the disparities in reliability between Ethereum's Layer 2 networks and its mainnet. Willemsen's tweet emphasized that Coinbase's Base chain had encountered a 43-minute outage but had resumed block production. He cautioned users against assuming the same level of dependability when employing Ethereum L2s compared to the Ethereum mainnet.

Published At

9/5/2023 10:48:31 PM

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