Key details:
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Undertaking builders have already solved the issue.
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Though nonetheless in growth, Blast is the third L2 with essentially the most funds locked.
Only a few minutes earlier than the Dencun replace was activated on Ethereum, one of many second layers (L2) of the community had technical issues. That is Blast, which spent about 40 minutes with out processing new blocks.
ยซThe Blast mainnet stopped producing blocks because of points associated to Ethereum’s Dencun improve. “Engineers are working to repair it,” wrote the event workforce of the second layer community within the social community
Shortly after that preliminary message, confirmed what Blast is now energetic once more. The issue has been resolved and a extra detailed report will probably be shared within the coming hours, they reported.
Blast is a second layer community that, like others of its kind similar to Arbitrum and Optimism, focuses on low-cost transaction processing. In line with knowledge from the l2beat website, It’s the third L2 in complete worth locked (TVL), with greater than USD 2.91 billion deposited. It’s equal to a 7% market share amongst all L2s.
It ought to be famous that, Regardless of its vital quantity of funding in TVL, Blast remains to be a rollup in growth, with very low exercise in its protocol (lower than 3 transactions per second, in comparison with Ethereum’s 14 TPS). On this sense, l2beat factors out some warnings, similar to the extent of centralization of the venture and the ability that its growth workforce has over the community, in addition to the probabilities of censorship and manipulation that this mannequin permits.
