Avalanche network halt not due to “inscriptions wave”, Ava Labs co-founder says
- Avalanche network experienced a block production halt, with initial suggestions pointing to inscriptions.
- Ava Labs co-founder Kevin Sekniqi says the technical outage is not a result of the just launched inscriptions.
- AVAX price fell after the news, dipping by 3% to around $3.14
Avalanche’s block production halt was not a result of an inscription wave, according to Ava Labs co-founder Kevin Sekniqi.
The layer-1 platform experienced a major technical disruption on Friday, with block production halting for an extended period. In an earlier update, Sekniqi had posted on X that the Avalanche team was investigating the issue, noting that the outage could have connections to a “new inscription wave.”
“Investigating Avalanche primary network block production issue right now. Seems to be related to a new inscription wave launched about an hour ago.”
However, a new post on X a few minutes ago suggests this is not the case. Sekniqi noted:
“Clarification on this: the issue seems to be a gossip-related mempool management bug, which is purely a code-related bug, and not an issue with performance handling. Inscriptions seem to have hit the edge case, but inscriptions did not affect performance.”
AVAX price dips
Copy link to sectionThe price of AVAX, the native Avalanche token dipped more than 3% after the initial news. AVAX/USD touched lows of $36.14 across major exchanges.
AVAX still trades around the level, with token’s value down 2% in the past 24 hours and 12% in the past week.
More industry news
