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Blockchain

PolygonScan Stopped Working, Unfounded Fears Of Blockchain Outage Were Raised

February 23, 2023 - Around 2 mins mins to read

Key Points:

  • Unfounded rumors that the Polygon blockchain was momentarily offline were spread due to an outage at network explorer Polygonscan.
  • Since then, the Polygon team has stated that blockchain development has not ceased and that the problem was caused by “a few nodes” becoming out of sync.
  • The last network outage, which was caused by the need for maintenance on one of the network’s three tiers, happened on March 11, 2022.
Unfounded rumors that the Polygon blockchain was momentarily offline were spread due to an outage at network explorer Polygonscan.
PolygonScan Stopped Working Unfounded Fears Of Blockchain Outage Were Raised 1

A block hadn’t been processed by the blockchain for more than an hour and a half, according to data from PolygonScan, which sparked rumors that layer-2 scaling solution Polygon may have been experiencing an outage.

Since then, the Polygon team has stated that blockchain development has not ceased and that the problem was caused by “a few nodes” becoming out of sync.

“Block production never stopped – However, there could have been a degradation in network performance temporarily. These nodes have resynced and systems are back to normal.”

The spokesperson said the team was also aware that Polygonscan is down, but alternative explorers can be used.

“We are working with polygonscan to bring them back up,” said the spokesperson.

Speculation of a possible outage first emerged on Feb. 22, with some pointing to an apparent halt in block production based on data from Polyscan — which showed the blockchain’s last block and transaction was processed at around 8:35 pm UTC on Feb. 22.

118bb855 e6ab 4191 b647 1f6f4523e6f8

The last network outage, which was caused by the need for maintenance on one of the network’s three tiers, happened on March 11, 2022.

The crypto company Polygon Labs, which created the Polygon blockchain, stated on February 21 that it was eliminating 20% of its workforce, or about 100 roles.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News

Polygon

Polygon blockchain

Polygonscan

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
Blockchain

PolygonScan Stopped Working, Unfounded Fears Of Blockchain Outage Were Raised

Key Points:

  • Unfounded rumors that the Polygon blockchain was momentarily offline were spread due to an outage at network explorer Polygonscan.
  • Since then, the Polygon team has stated that blockchain development has not ceased and that the problem was caused by “a few nodes” becoming out of sync.
  • The last network outage, which was caused by the need for maintenance on one of the network’s three tiers, happened on March 11, 2022.
Unfounded rumors that the Polygon blockchain was momentarily offline were spread due to an outage at network explorer Polygonscan.
PolygonScan Stopped Working Unfounded Fears Of Blockchain Outage Were Raised 1

A block hadn’t been processed by the blockchain for more than an hour and a half, according to data from PolygonScan, which sparked rumors that layer-2 scaling solution Polygon may have been experiencing an outage.

Since then, the Polygon team has stated that blockchain development has not ceased and that the problem was caused by “a few nodes” becoming out of sync.

“Block production never stopped – However, there could have been a degradation in network performance temporarily. These nodes have resynced and systems are back to normal.”

The spokesperson said the team was also aware that Polygonscan is down, but alternative explorers can be used.

“We are working with polygonscan to bring them back up,” said the spokesperson.

Speculation of a possible outage first emerged on Feb. 22, with some pointing to an apparent halt in block production based on data from Polyscan — which showed the blockchain’s last block and transaction was processed at around 8:35 pm UTC on Feb. 22.

118bb855 e6ab 4191 b647 1f6f4523e6f8

The last network outage, which was caused by the need for maintenance on one of the network’s three tiers, happened on March 11, 2022.

The crypto company Polygon Labs, which created the Polygon blockchain, stated on February 21 that it was eliminating 20% of its workforce, or about 100 roles.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

Coincu News