11.3 C
Amsterdam
19 March 2024
PumpMoonshot
Image default
Altcoins

Avalanche blockchain’s X and C networks see brief outage

Avalanche is unique as it uses three chains: the C-chain, X-chain, and P-chain.

The C-chain is home to Avalanche’s DeFi community, as that’s the chain that hosts smart contracts and is used with MetaMask. The X-chain is the exchange chain, and is used to send funds back and forth, while the P-chain is the platform chain and is used for staking AVAX and serving as a validator.

While the C-chain has recovered after an hour-long outage, some X-chain nodes are still offline.

On-chain data shows that the network quality of X-chain has been degraded, and it’s only able to process a handful of transactions. It appears that it’s only able to process a few transactions per hour, making the chain virtually unusable.

Chart

Avalanche’s X-Chain (AVAScan)

Over 90% of validators have upgraded to the latest version of AvalancheGo. This is up from 12% earlier today.

While Avalanche has yet to make a public statement regarding the outage, many contributors are working on its GitHub forum to resolve the issue.

AVAX is trading for $16.89 at writing time in Asian afternoon hours on Thursday.

News Source

Related posts

Ripple Partners with Central Bank of Bhutan to Launch CBDC Trial

PumpMoonshot

200 Million Dogecoin Shifted for Fee No Bank Can Beat

PumpMoonshot

New FTX CEO Testimony Before the US Court: FTX Has Been Pure Hell

PumpMoonshot
Verified by MonsterInsights