Blast stopped producing blocks following Ethereum’s Dencun upgrade

Blast said the issue has since been resolved

article-image

Blast and Adobe Stock modified by Blockworks

share

Following Ethereum’s Dencun upgrade, the Blast Mainnet stopped producing blocks. 

Around an hour after the last block was produced, Blast said that the issue was resolved in a post on X. 

“A full analysis on the issue will be shared shortly,” the team said in the post.

Loading Tweet..

“The Blast Mainnet has stopped producing blocks due to issues related to Ethereum’s Dencun upgrade,” Blast said in a post on X. “Core engineering contributors are working on a fix. We’ll share an update and post-mortem once the fix is live…”

Loading Tweet..

Ethereum’s Dencun upgrade went live early Tuesday, marking the network’s largest upgrade to date. 

According to Blast Scan, blocks stopped publishing around 10 am ET.

Read more: Blast developers drawn by layer-2’s liquidity and founder’s success building Blur

The “[layer-2] with native yield” drew criticism for initially soliciting deposits to a multisig wallet. All told, it saw $2.3 billion in deposits before its layer-2 went live. The layer-2, which went to mainnet in late February, is a fork of Optimism. As of Wednesday morning, Blast had surpassed Optimism as the second-largest Ethereum rollup by total value locked (TVL), according to DeFiLlama. The 51 protocols built on Blast cumulatively held over $1 billion. 

Optimism itself continued producing blocks through the Dencun upgrade. 

Blast said over 3,000 projects entered its developer contest to go live upon the layer-2’s mainnet launch and receive a larger airdrop allocation. Developers on Blast told Blockworks they were drawn to the rollup’s deep liquidity and its founder’s previous success building the NFT marketplace Blur.


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Permissionless is a conference for founders, application developers, and users. Come meet the next generation of people building and using crypto.

recent research

Research Report Templates (1).png

Research

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

article-image

Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets

article-image

Plus, Solana has now surpassed Ethereum in trailing 30-day decentralized exchange volume

article-image

Polymarket betters say Kamala Harris has better odds than Biden of winning against Trump

article-image

Bitcoin’s down Tuesday, while ETH-correlated assets like ENS and ARB see growth

article-image

Plus, let’s check on the nine ether ETFs now trading on US exchanges