Stacks, one of the fastest-growing Layer 2 networks on Bitcoin, experienced a five-hour block production outage today, caused by a temporary drop in signer participation. The issue, which left users waiting for transactions to process, has since been resolved.
Incident Details:
📅 When:
The issue came to light at 7:15 AM UTC through the official Stacks Status handle on X.
🔍 What Happened:
A drop in signer participation temporarily prevented the network from meeting the threshold needed for optimal block signing.
⚡ Quick Response:
Stacks’ core developers collaborated with signers to resolve the issue promptly.
Block production resumed within two hours of the announcement, with minor intermittent disruptions lasting an additional hour.
Recent Nakamoto Upgrade Challenges
The outage comes just three months after the Nakamoto Upgrade, designed to enhance transaction speeds and improve network security. While the upgrade aimed to scale the network, today’s incident highlights ongoing challenges in matching network demand.
Coincidental Milestone:
The outage occurred just 24 hours after Stacks announced that sBTC (its Bitcoin-wrapped token) reached a total supply of 1,000 tokens.
Impact on STX Price:
Despite the hiccup, the Stacks ($STX ) price remains stable, reflecting confidence in the team’s swift resolution.
Community Reassured:
Stacks reassured users that the network is now fully operational and emphasized their commitment to improving reliability and scaling efforts. The team promised ongoing communication to address any potential issues proactively.
