Close Menu
Cryprovideos
    What's Hot

    GENIUS Act ‘legitimizes’ stablecoins for international institutional adoption

    May 21, 2025

    How A lot Bitcoin Ought to You Personal?

    May 21, 2025

    BTCC Change Appoints Dan Liu as CEO Forward of 14th Anniversary Milestone

    May 21, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Sui Restores Operations Following Two-Hour Outage
    Sui Restores Operations Following Two-Hour Outage
    Markets

    Sui Restores Operations Following Two-Hour Outage

    By Crypto EditorNovember 21, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Sui, decentralized Layer-1 blockchain. confronted a two-hour outage early on November 21 earlier than recovering.

    The corporate addressed the disruption on its X account, attributing the problem to a scheduling bug.

    Sui Community Experiences Two-Hour Crash After Consumer Surge

    Sui’s blockchain cited their two-hour downtime as a result of a scheduling bug. This problem triggered its validators to cease producing new blocks, resulting in a brief halt in community operations. Curiously, the crash comes after the blockchain skilled a surge in energetic customers. From November 7 to 19, their variety of each day customers jumped from 668,000 to 826,000.

    Sui Network Active Account
    Sui Community Energetic Accounts. Supply: SuiVision

    The outage was met with combined reactions from the neighborhood. Some had been impressed with how shortly validators had been in a position to nip the problem within the bud. In distinction, others had cheap concern over the soundness of the blockchain and their SUI investments.

    “Two hours of downtime for Sui Community? That’s a large purple flag for a blockchain that’s presupposed to be cutting-edge,” one X consumer stated.

    Customers had been fast to attract parallels between Sui’s outage and the same state of affairs Solana’s blockchain skilled in February. On the sixth of the month, Solana had an outage that lasted practically 5 hours. Contemplating that Sui’s blockchain was dubbed because the ‘Solana killer’ for its stability, this latest outage might very effectively put that nickname at risk.

    “SUI, the famed Solana killer, simply had a 1-hour outage at this time. And opposite to what frequent sense might dictate, that is BULLISH!! It’s really following the footsteps of the Blockchain its seeking to change. And we all know how that went,” one other X consumer added.

    Proper earlier than the outage, SUI was buying and selling at roughly $3.70, falling to a steep decline of simply $3.35 in the course of the incident time. On its street again to restoration, it has practically reached its pre-crash worth, resting at $3.54 at press time.

    SUI price
    SUI 1D Value Efficiency. Supply: BeInCrypto

    Incidents like this spotlight the challenges of making a dependable digital system within the evolving cryptocurrency business. It additionally serves as a lesson for different networks to enhance their resilience and reliability.

    Disclaimer

    In adherence to the Belief Mission pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed info. Nevertheless, readers are suggested to confirm information independently and seek the advice of with an expert earlier than making any choices based mostly on this content material. Please notice that our Phrases and Situations, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    GENIUS Act ‘legitimizes’ stablecoins for international institutional adoption

    May 21, 2025

    BTCC Change Appoints Dan Liu as CEO Forward of 14th Anniversary Milestone

    May 21, 2025

    BTCC Alternate Appoints Dan Liu as CEO Forward of 14th Anniversary Milestone

    May 21, 2025

    Stellar (XLM) Faces a Pivotal Check: Upside if $0.28 Holds, Deeper Dips if Not – BlockNews

    May 21, 2025
    Latest Posts

    How A lot Bitcoin Ought to You Personal?

    May 21, 2025

    U.S. Borrowing Binge May Push Bitcoin to New Heights – Arthur Hayes

    May 21, 2025

    High Merchants Reveal the 4 Greatest Altcoin to Purchase Earlier than Bitcoin Breaks Its ATH

    May 21, 2025

    'Wealthy Dad Poor Dad' Writer: Bitcoin to $500K-$1 Million As Hyperinflation Comes

    May 21, 2025

    Bitcoin whale locations 40x leveraged $830 million lengthy place on Hyperliquid

    May 21, 2025

    Iowa Court docket Guidelines in Favor of Bitcoin ATM Operator in Scammed Cash Case – Decrypt

    May 21, 2025

    Binance Bitcoin Outflows and MVRV Ratio Level to Sustained Bullish Setup, Analyst Reveals

    May 21, 2025

    Commonplace Chartered Backs $500K Bitcoin Goal, Citing Rising Authorities Publicity By MSTR

    May 21, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Google Cracks Down on Crypto Advertisements in EU: Stricter Guidelines Forward

    April 15, 2025

    3 Finest Meme Cash to Purchase in Might for Large Beneficial properties as Crypto Market Recovers

    April 27, 2025

    Why is crypto down as we speak? Fed’s hawkish minimize triggers sell-off

    December 19, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.