Following Dencun’s recent upgrade on the Ethereum network, the Blast Network experienced a sudden shutdown of block production. No new blocks have been created since around 14:05 GMT, which has resulted in a network shutdown.
The Blast Network, known for offering ‘native product’ rewards on the Ethereum network, has faced immediate challenges following the recent Ethereum mainnet upgrade.
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The Blast Network development team has acknowledged the issue. This is due to Dencun’s recent upgrade, and they confirmed their commitment to a fix, noting that “expert engineers are working on these issues.” Further updates are expected within 30-60 minutes of the announcement.
The Blast Mainnet has stopped generating blocks due to issues with the Dencun Ethereum upgrade.
Core engineering contributors are working on a fix. We will share an update and post-mortem once the fix is live (30-60 minutes eta).
— Blast (@Blast_L2) March 13, 2024
This disruption affects the Blast network, which has over $2.96 billion in assets. which are stored in Smart Contracts and digital wallets Multi-signature implementation on the Ethereum network can solve these problems. Maintaining consumer confidence is critical. and security of depositors’ assets
The crypto community is waiting for more updates. Hopefully the problem will be resolved quickly. and has minimal impact on the functioning of the Ethereum network and ecosystem.
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