Celo network back online after almost 24-hour outage
Proof-of-stake- (PoS)-based blockchain Celo has been affected by an on-and-off community outage lasting 24 hours, although the blockchain seems to be up and operating once more.
Celo is an open-source blockchain that allows customers with cellphone numbers to make funds with crypto by utilizing their cellphone numbers as a proxy for public keys.
Celo updated its Twitter followers after the community got here again on-line, noting it was the community’s first outage for the reason that mainnet launch on April 22, 2020, and that it has begun a “thorough and expedited technical evaluation” to resolve the difficulty.
The protocol made the preliminary announcement that the community had stalled on Thursday at 12:04 am UTC at block 14,035,019, assuring that “all funds are secure.”
It resumed round 9 hours later for a number of minutes earlier than pausing once more at block 14,035,045.
On the time of writing, the community seems to be up and operating once more following an improve of its validator nodes to model 1.5.8, according to a Celo block explorer.
Replace: Celo validators have resolved the community’s first outage since mainnet launch on April 22, 2020. An intensive and expedited technical evaluation is ongoing and particulars will probably be readily shared with the Celo group.
— Celo (@CeloOrg) July 15, 2022
On the protocol’s Discord channel, one of many community’s validators with the username “Dee” mentioned they noticed the most recent outage as “a part of the rising pains” of the community however that they remained assured within the fundamentals because it was the primary community halt in over two years:
“Even Visa had some community outage over the previous two years regardless of being a market chief in funds for over 60 years.”
The Celo protocol’s white paper claims that it permits customers to ship funds “as simple as sending a textual content message.” The community touts a mean block time of 5 seconds, is Ethereum Digital Machine suitable and helps sensible contracts and decentralized purposes.
Associated: Celo Basis proposes to deploy Uniswap v3 on its native blockchain
The Celo community can be the protocol behind three stablecoins — Celo {Dollars} (cUSD), Celo Euros (cEUR) and Celo Reals (cREAL), in addition to its native token Celo (CELO).
Earlier this week, the Helium community suffered a four-hour outage on account of validator outages from a software program replace, inflicting delayed transaction finality.
On June 1, the Solana community suffered one more outage, inflicting block manufacturing to halt for 4 and a half hours. It was certainly one of seven community outages during the last 12 months.
