decision ARB
-6.42%
Hildobby, an anonymous data researcher at VC firm Dragonfly, said: post In
““Arbitrum’s hourly inscriptions increased for several hours before being stopped,” they wrote, noting that the inscription “Fairness” was what prompted the outage.
Gasoline price stability
Arbitrum said in a status update Friday afternoon that gas prices on its network had stabilized and all operations were now “back to normal.” We are continuing to gather more information and will provide a full “postmortem” in the coming days.
“Today has been a tough day. There are many lessons learned and work to be done to ensure that Arbitrum delivers the excellence that people rightly expect. Engineering web3 is difficult, but we are all working together to create a better future.” -Harry Kalodner, Founder and Chief Technology Officer of Offchain Labs wrote At X.
Ordinal tokens previously caused problems on the Telegram Open Network (TON) blockchain. December 7, Blockchain slow down When a user floods an inscription, it is processed at one transaction per second. same type of transaction cause Soaring volumes and gas bills From Polygon last month.
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About the author
Anna is a senior policy reporter and assistant editor at The Block. She has a background in political journalism and has covered Russian civil society for various media outlets in Moscow, including her award-winning newspaper, Novaya Gazeta. Before joining The Block, Anna spent the last five years at CoinDesk, researching global cryptocurrency policy and adoption. Anna says she owns Bitcoin and gift NFTs that have sentimental value.