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Starknet experiences block generation interruption, network offline due to technical failure
Source: PortaldoBitcoin Original Title: Starknet experiences block production interruption due to technical issue on the network Original Link: Starknet, one of the main Layer-2 scalability solutions in the Ethereum ecosystem, experienced a complete halt in block production on Monday (5th), affecting transaction processing and the operation of decentralized applications relying on the network.
The issue has been officially confirmed by the project team via social media platform X, stating that the network is offline and engineers are working to identify the cause of the failure and restore service. According to the announcement, the top priority is to restore full blockchain functionality as quickly as possible.
The network’s native token Starknet (STRK) was less affected by this incident: the asset has decreased by 0.3% in the past 24 hours, with a trading price of $0.09.
During the instability, users reported difficulties executing transactions, as well as temporary paralysis of smart contracts and decentralized finance (DeFi) protocols built on Starknet.
Starknet uses zero-knowledge proof (ZK) technology to bundle transactions outside the main blockchain, providing higher scalability and lower fees.
Second Major Outage
This is the project’s second large-scale block production interruption. On September 2 of last year, Starknet was frozen after a series of technical failures.
The outage was caused by a combination of multiple technical issues: Ethereum node failures led to disagreements between new sequencers on the network, manual interventions caused additional inconsistencies, and bugs in the software responsible for block production worsened the situation, requiring chain reorganization to restore normal operation.