dYdX Mainnet Faces Unexpected Outage, Debugging Efforts Underway

dYdX Mainnet Faces Unexpected Outage, Debugging Efforts Underway

The decentralized derivatives exchange protocol, dYdX, went off the rails with an unexpected stop in its blockchain operations due to a planned upgrade, causing a major disruption to its mainnet services. However, engineers and system developers are now analyzing and remedying the issues.
This event is the first serious disruption in the operation of the dYdX service following the release of dYdX version 4 and its migration to the Cosmos blockchain as an independent one in October 2023.
Scheduled Upgrade Lead to Service Interruption
The chain halt was first reported at 6:50 am UTC, shortly after dYdX’s v4.0.0 protocol upgrade was scheduled to be completed. The on-chain data showed a halt in block production, which caused a major operational hiccup. An engineering team from dYdX has been rapidly mobilized to handle the problem, with continuous debugging activities aimed at finding and solving the origin of the outage.
This event signals the first major outage since the release of dYd

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We współpracy z: https://coingape.com/dydx-mainnet-faces-unexpected-outage-debugging-efforts-underway/

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