dYdX is going through a series halt amid a scheduled improve, marking its first main outage because the launch of its fourth model.
Cosmos-based dYdX Chain stopped producing blocks on Apr. 8 shortly after the community underwent a scheduled improve to its fourth model. In line with the mission’s status page, the difficulty “continues to be investigated,” including that it’s been “agreed to reconvene with the validators round 15:00 UTC.”
“Which means the devs received’t counsel a workaround or a repair till then in order that the validators received’t get jailed for not being on-line when the chain restarts.”
The dYdX Chain crew
As per information from Mintscan, the dYdX Chain stopped producing at round 6:50 a.m. UTC, marking it one of many first main outages for the dYdX ecosystem since its migration from Ethereum to Cosmos. The newest incident comes just some days after Starknet, a layer-2 answer on Ethereum, additionally stopped producing blocks because of a rounding error bug. As of press time, dYdX made no public statements on social media relating to the matter.
dYdX launched its dYdX Chain in October 2023, enabling DYDX token holders to switch funds from the Ethereum community to the brand new platform, thus increasing the token’s utility. The mission unveiled its resolution emigrate from Ethereum in early 2022, citing concerns over the community’s scalability points.