CryptoNews: The Ethereum layer-two network Arbitrum experienced a temporary disruption in its transaction processing due to a software bug.
The Arbitrum developers swiftly deployed a fix to address the issue, and the network is now operating normally.experienced a temporary disruption in its transaction processing due to a software bug. The bug affected Arbitrum's sequencer, which is responsible for batching and posting user transactions on the blockchain. As a result, a significant backlog of transactions built up, causing network stress and interrupting processing for several hours.
Arbitrum Foundation's community lead, known as "eli_defi," confirmed on Discord that a solution had been implemented to resolve the bug and restore proper functioning to the network. Since the fix was deployed earlier in the day, the system has been operating as intended. This incident highlights the occasional challenges that emerging blockchain technologies face, especially projects with various points of centralization.I've been writing about Bitcoin since 2014.
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