Home Crypto Altcoins Avalanche community halt not attributable to “inscriptions wave”, Ava Labs co-founder says

Avalanche community halt not attributable to “inscriptions wave”, Ava Labs co-founder says

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Avalanche community halt not attributable to “inscriptions wave”, Ava Labs co-founder says

Avalanche’s block manufacturing halt was not a results of an inscription wave, in accordance with Ava Labs co-founder Kevin Sekniqi.

The layer-1 platform skilled a serious technical disruption on Friday, with block manufacturing halting for an prolonged interval. In an earlier replace, Sekniqi had posted on X that the Avalanche staff was investigating the difficulty, noting that the outage might have connections to a “new inscription wave.”

“Investigating Avalanche main community block manufacturing problem proper now. Appears to be associated to a brand new inscription wave launched about an hour in the past.”

Nonetheless, a brand new publish on X a couple of minutes in the past suggests this isn’t the case. Sekniqi famous:

“Clarification on this: the difficulty appears to be a gossip-related mempool administration bug, which is solely a code-related bug, and never a problem with efficiency dealing with. Inscriptions appear to have hit the sting case, however inscriptions didn’t have an effect on efficiency.”

Clarification on this: the difficulty appears to be a gossip-related mempool administration bug, which is solely a code-related bug, and never a problem with efficiency dealing with. Inscriptions appear to have hit the sting case, however inscriptions didn’t have an effect on efficiency. https://t.co/9cvQSAmTVu

— Kevin Sekniqi 🔺 (@kevinsekniqi) February 23, 2024

AVAX value dips

The worth of AVAX, the native Avalanche token dipped greater than 3% after the preliminary information. AVAX/USD touched lows of $36.14 throughout main exchanges.

AVAX nonetheless trades across the stage, with token’s worth down 2% previously 24 hours and 12% previously week.

The publish Avalanche community halt not attributable to “inscriptions wave”, Ava Labs co-founder says appeared first on Invezz

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