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Sui Network Back Up After Scheduling Bug Leads to Two-Hour Downtime; SUI Recovers
The downtime was caused by a bug in its transaction scheduling.
Sui Network (SUI), a relatively new blockchain, experienced an unexpected two-hour outage on Thursday.
Sui's downtime was caused by a bug in its transaction scheduling logic, which led to its validator network crashing. The issue has now been resolved, the network said.
STORY CONTINUES BELOW
The Sui network is back up and processing transactions again, thanks to swift work from the incredible community of Sui validators.
ā Sui (@SuiNetwork) November 21, 2024
The 2-hour downtime was caused by a bug in transaction scheduling logic that caused validators to crash, which has now been resolved. https://t.co/TJh2zwvQcD
Several exchanges, including Upbit, had temporarily suspended SUI transactions. Blockchain outages can take place for a plethora of reasons, ranging from a 51% attack to technical errors. A common errors is that of nodes - or individual entities that process transactions - being unable to sync with each other, causing the blockchain to go offline.
Software bugs may be another error vector, where outdated code can render the network's processes inoperable.
SUI tokens came back up after falling nearly 7%.
Shaurya Malwa
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.
He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
