{"id":150878,"date":"2023-09-06T19:09:15","date_gmt":"2023-09-06T13:39:15","guid":{"rendered":"https:\/\/dripp.zone\/news\/coinbase-incubated-base-suffers-an-outage-team-says-user-funds-are-safe-crypto-news\/"},"modified":"2023-09-06T19:09:17","modified_gmt":"2023-09-06T13:39:17","slug":"coinbase-incubated-base-suffers-an-outage-team-says-user-funds-are-safe-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/coinbase-incubated-base-suffers-an-outage-team-says-user-funds-are-safe-crypto-news\/","title":{"rendered":"Coinbase-incubated Base suffers an outage, team says user funds are safe &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1694006704368-b9af202d-6fae-4e3f-a077-384384615332-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1694006704368-b9af202d-6fae-4e3f-a077-384384615332-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1694006704368-b9af202d-6fae-4e3f-a077-384384615332-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/09\/1694006704368-b9af202d-6fae-4e3f-a077-384384615332-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><\/picture>                    <\/div>\n<p dir=\"ltr\">Key takeaways<\/p>\n<h2 dir=\"ltr\">Base suffers an outage<\/h2>\n<p dir=\"ltr\">Base, the Ethereum Layer-2 network incubated by Coinbase suffered an outage during the early hours of Wednesday. The team revealed this on X (formerly Twitter) a few hours ago.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Earlier today we had a delay in block production due in part to our internal infrastructure requiring a refresh. <\/p>\n<p>The issue has been identified and remediated. No funds are at risk.<\/p>\n<p>To stay updated, check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ipa94DPBLq\">https:\/\/t.co\/ipa94DPBLq<\/a><\/p>\n<p>\u2014 Base \ud83d\udee1\ufe0f (@BuildOnBase) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BuildOnBase\/status\/1699192035553812658?ref_src=twsrc%5Etfw\">September 5, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">The outage lasted half an hour, and the network was restored 30 minutes after the team identified the problem. The Base team assured users that their funds were not at risk following the outage.\u00a0<\/p>\n<p dir=\"ltr\">The development team reported that Base users may have issues submitting transactions at 5:36 p.m. ET on Tuesday. However, they identified and fixed the problem a few minutes later.\u00a0<\/p>\n<p dir=\"ltr\">By 6:09 p.m., the network had resumed block production and gossip. Gossip is a technical term for node-to-node exchange of state information.<\/p>\n<h2 dir=\"ltr\">Base is gaining widespread adoption<\/h2>\n<p dir=\"ltr\">The Coinbase-incubated network was\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/coinbases-base-mainnet-featuring-100-dapps-opens-to-the-general-public\/\"><u>launched less than a month ag<\/u><\/a>o and is already gaining adoption within the crypto space. So far, more than 100 decentralised applications have been launched on the network.<\/p>\n<p dir=\"ltr\">Data obtained from DeFi Llama also revealed that Base has so far generated roughly $6 million in protocol fees, thanks to its popularity with meme tokens.\u00a0<\/p>\n<p dir=\"ltr\">Last week, Base announced native support of Circle\u2019s USDC stablecoin. Base has also integrated with Ledger Live and PancakeSwap DEX. The outage today is the first major technical challenge for Base<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Base suffers an outage Base, the Ethereum Layer-2 network incubated by Coinbase suffered an outage during the early hours of Wednesday. The team revealed this on X (formerly Twitter) a few hours ago. Earlier today we had a delay in block production due in part to our internal infrastructure requiring a refresh. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":150879,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-150878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=150878"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150878\/revisions"}],"predecessor-version":[{"id":150880,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/150878\/revisions\/150880"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/150879"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=150878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=150878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=150878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}