Sui Network Suffers Two-Hour Outage Due to Scheduling Glitch, Now Back Online
On Thursday, the Sui Network (SUI), a new player in the blockchain space, experienced an unexpected outage that lasted for two hours. This disruption resulted from a scheduling bug within its transaction processing system, which caused the validator network to go offline. Thankfully, the issue has been resolved, and the network is back to normal operations.
Impact on Exchanges
During this downtime, several cryptocurrency exchanges, including Upbit, paused all SUI transactions. Outages like this can happen for various reasons, from security threats like a 51% attack to more mundane technical issues. A common culprit behind such interruptions is the failure of nodes—those essential entities that handle transaction processing—when they don’t synchronize properly. This misalignment can bring the whole blockchain to a standstill. Software bugs, particularly those arising from outdated code, can also lead to significant disruptions in services.
Market Response
Despite a nearly 7% dip in value during the outage, SUI tokens have since bounced back, indicating a recovery following the incident.
Looking Ahead
As the Sui Network continues to grow and evolve in the competitive blockchain space, it will be crucial for developers to address potential vulnerabilities and enhance the reliability of their systems to prevent future disruptions.
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Source: Coindesk.com
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