UPDATE 2 (2:05 p.m. ET): Terra devs have announced that block production on the network has resumed with staking disabled.
“Delegations are disabled now that the chain is live with the new code merge,” the devs said.
A block explorer maintained by Terraform Labs shows the new blocks featuring transactions as of less than a minute before press time.
The headline of this report has been updated to reflect the new information.
UPDATE (1:15 p.m. ET): Terra devs said in a tweet that they have released a patch on Github ahead of a planned blockchain restart.
“Delegations will be disabled once block production resumes. The network should go live once 2/3 of the voting power comes online. An update will be provided accordingly.”
Devs had said earlier that network validators were “applying a patch to disable further delegations, and they will coordinate to restart the network in a few minutes.”
The Terra blockchain has been halted to protect against a possible attack, accordi
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