L3 Degen chain stopped producing blocks 42 hours ago
The latest post from Degen said that Conduit expected the resync to be done by early Tuesday morning
Degen chain, a layer-3 blockchain, hasn’t produced a block in over 42 hours.
According to the last post on Degen’s X account, a resync was expected to be completed at around 9 am ET, or 6 am PT. Yet hours later, the network remains stalled.
“Post-resync, they’ll test the chain to ensure all data affected by the reorganization is restored. We apologize for the downtime,” the last post — which went up earlier Tuesday — said .
Degen’s chain explorer shows that no transactions have happened today, and that the last transaction took place two days ago.
Third-party infrastructure provider Conduit’s last post is nearly 24 hours old.
Read more: What is Degen chain? The L3 built for the memecoin community Degen
“After a custom config change on Friday at [2 pm ET] 11 am PT, two Conduit chains, Degen and Proof of Play’s Apex, stopped posting batches for more than 24 hours. Upon resuming, the first batches triggered reorgs on both chains,” Conduit said .
“We’re working with both teams and Offchain Labs to restore service and minimize impact to users,” the post continued.
As previously reported by Blockworks, Degen chain was designed to let developers access the memecoin community, and has become especially popular with Farcaster users.
“Degen, an ERC-20 token launched in January 2024, has reshaped the Farcaster ecosystem by enabling Casters to reward others with Degen for posting quality content,” Degen’s site said .
Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A smart money address bought UBC with 40 SOL yesterday and now has a floating profit of $990,000
AAVE breaks above $190
Social media giant Line plans to launch 30 blockchain-based mini Dapps early next year