- 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] Value 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 known as the Contract Chain. It belongs to the Avalanche community, which guarantees to supply a extremely scalable and purposeful blockchain ecosystem.
On 23 March, for causes not made public, this portion of the blockchain community stopped functioning, per knowledge obtained from the snowtrace.io explorer. At block top 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 all the things appeared to have returned to regular.
Supply: snowtrace.io
A deeper dive into the Avalanche community standing
The Avalanche C-chain’s block manufacturing halt prompted an examination of the community’s uptime in the course of the earlier 90 days, which confirmed that it had been comparatively steady. Aside from the mainnet explorer and the mainnet bridge, the Avax status check confirmed that every one community platforms had 100% uptime for the previous 90 days.
Supply: Avalanche community
Within the final 90 days, the mainnet explorer has been down for 3 days, as revealed by a standing verify. 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.
Because of the interruptions, the Explorer and the Bridge had been solely accessible 99.43% and 99.88% of the time, respectively, inside the specified timeframe.
Affect of the downtime
The day by day transactions chart for the C-chain confirmed that the halt didn’t have an effect on the quantity 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.
Supply: snowtrace.io
How a lot are 1,10,100 AVAXs value right now?
Moreover, the day by day energetic handle and common block time charts on the Avalanche C-chain additionally remained unchanged.
AVAX on a day by day timeframe
Nonetheless, the outage didn’t hassle AVAX. The token’s worth rose by 3%, buying and selling at $17.30 on a day by day timeframe as of this writing. To proceed in a bull development, it has additionally maintained above-neutral standing on the Relative Power Index (RSI).
Supply: TradingView
