Blast network stops producing blocks due to issues related to Ethereum's Dencun upgrade
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UPDATED: March 13, 2024, 10:54AM EDT
Quick Take
- The Blast network has experienced a stall in block production following Ethereum’s latest upgrade.
The Blast network has gone down and no blocks have been produced since around 14:05 GMT, according to a Blast block explorer. "The Blast Mainnet has stopped producing blocks due to issues related to Ethereum The Blast network is an experimental Layer 2 network built on top of Ethereum that offers native yield on assets. The total value locked in smart contracts on the network — or contained in its Ethereum multi-sig wallet — is around $2.96 billion, according to L2 Beat. A number of protocols, including Orbit Protocol, Ring Protocol and Pac Finance, have been built on Blast or expanded to it. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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’s Dencun upgrade," the project posted on X. "Core engineering contributors are working on a fix. We’ll share an update and post-mortem once the fix is live (eta 30-60 min)."
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Tim is the Editor-In-Chief of The Block. Prior to joining The Block, Tim was a news editor at Decrypt. He has earned a bachelor's degree in philosophy from the University of York and studied news journalism at Press Association Training. Follow him on X @Timccopeland.
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