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Decentralized layer-1 blockchain Sui, identified for its speedy sensible contract deployment and purpose to change into a Solana-killer, skilled an outage immediately with no blocks being produced for greater than 2 hours.
Knowledge from the Sui blockchain explorer SuiVision exhibits that the final block on the community was produced at 9:15 a.m. UTC, with no new blocks being appended to the community’s chain since.
The Sui standing web page exhibits that the community is experiencing a “main outage” and that mainnet validators are down.
Trade Observers React To Sui Community Outage
A number of trade observers have reacted to the venture’s community outage. Many famous the venture’s purpose to be certainly one of Solana’s largest rivals.
“SUI blockchain is down,” mentioned crypto YouTuber Ajay Kashyap on X, earlier than including,“ They usually claimed to be a Solana Killer.” Many are additionally calling SUI “this cycle’s Solana,” referring to the quite a few outages the Solana community has skilled up to now.
“It’s with nice pause, I declare $SUI formally the following $SOL,” mentioned Ben Armstrong, who was previously referred to as BitBoy.
It’s with nice pause, I declare $SUI formally the following $SOL.
What number of occasions do I’ve to say it?
Cannot wait to listen to from the staff on this one. Solana has taught us that its means higher for a blockchain to be overwhelmed than not used. https://t.co/NaZBtqXrTj
— The BitBoy (@BenArmstrongsX) November 21, 2024
Just a few main crypto exchanges have additionally reacted to the outage by halting withdrawals and deposits through the Sui blockchain. Amongst these platforms is the South Korean platform Upbit.
Sui Group Says A Repair Will Be Deployed “Shortly”
The outage had a damaging impression on the value of SUI, which dropped greater than 4% to commerce at $3.49 as of 8:03 a.m. EST. Regardless of this pullback, the crypto remains to be over 78% within the inexperienced on the month-to-month timeframe. In the meantime, Solana’s SOL gained 2%.
Service Announcement: The Sui community is presently experiencing an outage and never processing transactions. We’ve recognized the difficulty and a repair will probably be deployed shortly. We recognize your endurance and can proceed to offer updates.
— Sui (@SuiNetwork) November 21, 2024
The venture’s staff lately responded to the outage on X, stating that the staff has already recognized the difficulty and can deploy a repair shortly.
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