The Celo blockchain is dealing with downtime after the manufacturing of latest blocks on the community stopped swiftly. The community got here to a halt at block #14,035,19 at 06:20 p.m. ET on Wednesday. In the meantime, the entire numerous functions on the chain stay unusable.
In accordance with its official block explorer, Celo’s proof-of-stake community couldn’t validate new transactions for over 9 hours till block manufacturing was restored for a couple of minutes at 3:39 a.m. ET on Thursday. Nonetheless, the chain froze once more at block #14,035,044.
Celo’s most up-to-date replace acknowledged that the community’s validators had been engaged on a repair to convey the community on-line. The crew has not but supplied a cause for the outage.
“Validators are working to determine and resolve the problem. All funds are secure. Updates will likely be supplied as quickly as attainable,” the crew wrote on Twitter.
Though this was first community downtime for Celo, the core crew has beforehand grappled with technical points associated to its bridge. In November 2021, Optics — Celo’s bridge with Ethereum and Polygon — suffered from a important safety bug, requiring an emergency improve.
Celo is an Ethereum Digital Machine-compatible blockchain that raised $25 million from enterprise companies, together with Horowitz and Polychain Capital in April 2019. As of at present, Celo hosts Ethereum-based decentralized exchanges like Uniswap and Sushiswap. It’s also residence to its native apps like Valora, Mento, Moola Market, UbeSwap, and Mobius Cash.