- Avalanche’s explorer confirmed that block manufacturing was halted for over two hours on 23 March.
- Regardless of the halt, the transactions metric seemed regular, and AVAX was not impacted.
There have been indications of a shutdown within the Avalanche [AVAX] blockchain on 23 March, elevating issues concerning the feasibility of the community’s transactions and the worth of AVAX.
Learn Avalanche’s [AVAX] Worth Prediction 2023-24
Avalanche C-chain sees a pause in block manufacturing
Decentralized apps (dApps) and good contracts are catered for on the Avalanche community by the Avalanche C-Chain, generally referred to as the Contract Chain. It belongs to the Avalanche community, which guarantees to supply a extremely scalable and practical blockchain ecosystem.
On 23 March, for causes not made public, this portion of the blockchain community stopped functioning, per information obtained from the snowtrace.io explorer. At block peak 27788298, the Avalanche C-chain ceased producing blocks, and the outage continued for over two hours. As of this writing, the manufacturing of blocks had resumed, so the whole lot appeared to have returned to regular.
A deeper dive into the Avalanche community standing
The Avalanche C-chain’s block manufacturing halt prompted an examination of the community’s uptime through the earlier 90 days, which confirmed that it had been comparatively secure. Apart from the mainnet explorer and the mainnet bridge, the Avax status check confirmed that each one community platforms had 100% uptime for the previous 90 days.
Within the final 90 days, the mainnet explorer has been down for 3 days, as revealed by a standing examine. Service was interrupted for over an hour on 20 March, for twenty-four hours on 21 March, and over 15 hours on 22 March. Then, on 22 and 23 March, the mainnet bridge was down for six and two hours, respectively.
As a result of interruptions, the Explorer and the Bridge have been solely out there 99.43% and 99.88% of the time, respectively, inside the specified timeframe.
Influence of the downtime
The every day transactions chart for the C-chain confirmed that the halt didn’t have an effect on the amount of transactions. On the time of this writing, the full variety of blocks was 41,705, and the full variety of transactions was 156,044.
How a lot are 1,10,100 AVAXs price immediately?
Moreover, the every day energetic deal with and common block time charts on the Avalanche C-chain additionally remained unchanged.
AVAX on a every day timeframe
Nonetheless, the outage didn’t hassle AVAX. The token’s worth rose by 3%, buying and selling at $17.30 on a every day timeframe as of this writing. To proceed in a bull development, it has additionally maintained above-neutral standing on the Relative Energy Index (RSI).