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    Sui Network Outage: 2-Hour Disruption Challenges the ‘Solana Killer’ Narrative

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    On November 21, 2024, the Sui Community

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    —a brand new layer-1 platform and potential 10x well-known for its swift sensible contract rollouts—skilled a two-hour community outage. Uh-oh.

    We’ve spent a lot of this yr praising Sui because the ‘next Solana,’ however is it additionally the subsequent Solana when it comes to community outages?

    The shock outage paused block manufacturing for over an hour, stirring worries and chatter about its dependability and what’s subsequent.

    Understanding the Reason behind the Sui Community Outage

    The disruption within the Sui blockchain’s operations was traced again to a bug within the transaction scheduling logic. This bug induced validators to crash, leading to a short lived halt in block manufacturing. Cryptocurrency safety corporations, together with ExVul, recognized the problem as a DOS (Denial of Service) bug resulting from integer overflow. ExVul additional identified the potential bug location on GitHub, which helped in formulating a fast repair.

    Solana, SUI
    (Transactions before outage)

    The outage affected block manufacturing and had a big influence on the blockchain’s native cryptocurrency, SUI. The token skilled a pointy decline of almost 11%, dropping to round $3.36.

    Large ouch for any bagholders on the market. (Me! Responsible as charged)

    Regardless of this setback, SUI remained up 75% over the previous month, indicating resilience within the face of adversity.

    Main exchanges, like South Korea’s Upbit, responded by quickly suspending SUI deposits and withdrawals to safeguard customers towards potential disruptions. This transfer underscored the interconnected nature of blockchain reliability and cryptocurrency market stability.

    EXPLORE: Anonymous AI Token On Base Bought By Vitalik Buterin: Price Quickly Spiked 800%

    The Sui Community’s Response To Down Time

    This was Sui’s first large hiccup on the mainnet, however earlier in 2024, the testnet noticed related bumps—community downtime and RPC node crashes that acquired mounted in a jiffy.

    Classes discovered, and hopefully Sui can stop extra outages sooner or later. As a result of if not, why not simply put money into Solana?

    Tim Kravchunovsky, founder and CEO of the Sui-based decentralized network Chirp, famous that glitches are simply a part of the blockchain panorama, very like any web outage. He remarked that whereas downtime is undesirable, it mirrors the occasional disruptions we expertise with web connectivity.

    “Any blockchain goals to keep away from such incidents solely, however generally outages are unavoidable,” Kravchunovsky famous.

    EXPLORE: 17 Best Crypto to Buy Now in 2024

    Trying Forward For Sui Crypto After Outage

    Transferring ahead, Sui’s capability to keep up community stability, coupled with clear communication, can be essential in constructing belief amongst customers and traders.

    Because the blockchain panorama continues to evolve, Sui’s expertise with this outage will doubtless inform its path towards better reliability and innovation.

    EXPLORE: Most NFTs Are ‘Dead’ According to New 2024 Report

    Join The 99Bitcoins News Discord Here For The Latest Market Updates

    Disclaimer: Crypto is a high-risk asset class. This text is supplied for informational functions and doesn’t represent funding recommendation. You can lose all your capital.

    The put up Sui Network Outage: 2-Hour Disruption Challenges the ‘Solana Killer’ Narrative appeared first on .



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