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 varied purposes on the chain stay unusable.
Based on 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 carry the community on-line. The crew has not but offered a purpose for the outage.
“Validators are working to determine and resolve the difficulty. All funds are secure. Updates will probably be offered as quickly as doable,” the crew wrote on Twitter.
Although 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 vital 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 as we speak, Celo hosts Ethereum-based decentralized exchanges like Uniswap and Sushiswap. Additionally it is house to its native apps like Valora, Mento, Moola Market, UbeSwap, and Mobius Cash.