Coinbase-Backed Ethereum Network Base Recovers After Block Production Issue
Decrypt·
60-second summary
Ethereum layer-2 network Base is recovering after a two-hour downtime due to a block production issue. The incident occurred ahead of a planned upgrade. Base, backed by Coinbase, relies on Ethereum's security. The outage's impact is being assessed, and users are advised to monitor the network for any further updates, potentially affecting Base's overall performance and user trust.
Ethereum layer-2 network Base was down for more than two hours as it ran into an issue with block production ahead of a planned upgrade.