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Starknet block production halted after technical issue on the network
Source: PortaldoBitcoin Original Title: Starknet experiences halted block production after network technical issue Original Link: One of the main second-layer scalability solutions (Layer-2) of the Ethereum ecosystem, the Starknet blockchain had its block production completely halted this Monday (5), affecting transaction processing and the operation of decentralized applications that depend on the network.
The issue was officially confirmed by the project team through a post on social media platform X, where they stated that the network was offline and engineers were working to identify the cause of the failure and restore service. According to the statement, the priority is to fully restore the blockchain’s functionality as quickly as possible.
The network’s native token, Starknet (STRK), was not heavily affected by the episode: the asset has experienced a slight decrease of 0.3% in the last 24 hours, trading at US$ 0.09.
During the instability period, users reported difficulties in conducting transactions, as well as temporary halts of smart contracts and decentralized finance (DeFi) protocols built on Starknet.
Starknet uses zero-knowledge proof technology (ZK) to bundle transactions off the main blockchain, providing greater scalability and reduced fees.
Second major outage
This is the second major outage in the project’s block production. On September 2 of last year, Starknet was frozen after a series of technical failures.
The outage was caused by a combination of technical issues: failures in Ethereum nodes created divergences among the network’s new sequencers, manual intervention ended up creating additional inconsistencies, and an error in the software responsible for block production worsened the situation, requiring chain reorganizations to normalize operation.