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Decentralized layer-1 blockchain Sui, recognized for its fast good contract deployment and objective to grow to be a Solana-killer, skilled an outage at present with no blocks being produced for greater than 2 hours.
Knowledge from the Sui blockchain explorer SuiVision exhibits that the final block on the community was produced at 9:15 a.m. UTC, with no new blocks being appended to the community’s chain since.
The Sui standing web page exhibits that the community is experiencing a “main outage” and that mainnet validators are down.
Trade Observers React To Sui Community Outage
A number of business observers have reacted to the undertaking’s community outage. Many famous the undertaking’s objective to be one among Solana’s largest rivals.
“SUI blockchain is down,” mentioned crypto YouTuber Ajay Kashyap on X, earlier than including,“ They usually claimed to be a Solana Killer.” Many are additionally calling SUI “this cycle’s Solana,” referring to the quite a few outages the Solana community has skilled previously.
“It’s with nice pause, I declare $SUI formally the following $SOL,” mentioned Ben Armstrong, who was previously generally known as BitBoy.
It’s with nice pause, I declare $SUI formally the following $SOL.
What number of instances do I’ve to say it?
Cannot wait to listen to from the group on this one. Solana has taught us that its approach higher for a blockchain to be overwhelmed than not used. https://t.co/NaZBtqXrTj
— The BitBoy (@BenArmstrongsX) November 21, 2024
A couple of main crypto exchanges have additionally reacted to the outage by halting withdrawals and deposits by way of the Sui blockchain. Amongst these platforms is the South Korean platform Upbit.
Sui Workforce Says A Repair Will Be Deployed “Shortly”
The outage had a adverse influence on the value of SUI, which dropped greater than 4% to commerce at $3.49 as of 8:03 a.m. EST. Regardless of this pullback, the crypto continues to be over 78% within the inexperienced on the month-to-month time-frame. In the meantime, Solana’s SOL gained 2%.
Service Announcement: The Sui community is at the moment experiencing an outage and never processing transactions. We’ve recognized the difficulty and a repair will probably be deployed shortly. We respect your endurance and can proceed to supply updates.
— Sui (@SuiNetwork) November 21, 2024
The undertaking’s group just lately responded to the outage on X, stating that the group has already recognized the difficulty and can deploy a repair shortly.
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