Ethereum Layer-2 Network Arbitrum One Faces Partial Outage

Ethereum Layer-2 Network Arbitrum One Faces Partial Outage
courtesy of cointelegraph.com

Network Experiences Stall and Surge in Traffic

The Arbitrum One network, a layer-2 solution built on Ethereum, recently encountered a partial outage lasting for at least two hours. The network's official status website issued an alert regarding the incident.

According to the alert, the network's sequencer experienced a stall at 10:29 am ET (13:29 UTC) due to a significant surge in network traffic. While some blocks are still being produced, they are only processing two transactions in each block.

Arbitrum outage alert. Source: Arbitrum.

Speculation Surrounding the Cause

Several users have taken to social media to speculate about the cause of the outage. Some believe that inscriptions may be responsible, as the limited number of transactions per block could indicate their involvement. However, the team has not confirmed this theory. Inscriptions are a data format used in certain blockchain networks, often utilized to store collectible images. While they originated on Bitcoin, the MemeOrdi protocol has recently brought inscriptions to Arbitrum.

Ethereum Layer-2 Network Arbitrum One Faces Partial Outage
courtesy of cointelegraph.com

This is a developing story, and additional information will be provided as it becomes available.