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no one’s talking about this 🚨 COINBASE BASE HAVING A BREAKDOWN—AGAIN?! 🔥 Is this a glitch or a sign
yo, Coinbase base had a lil hiccup but we back in business 🚀! Base network poppin’ off with those new features and token
Problem: Coinbase experienced a brief interruption in Ethereum Layer 2 block production on August 5, affecting network functions, following a similar event in September
The Ethereum Layer 2 network in Coinbase resumed block production after a brief interruption on August 5. The disturbance lasted from 06:15 UTC to 06:44 UTC. The break, at block 33,792,704, affected key network functions but was quickly resolved, with normal production restarting in about 30 minutes. Coinbase has confirmed the resolution and is monitoring the network. This is the second breakdown, following a similar event in September 2023. 🛠️
The recent incident occurred during Coinbase and Base’s development efforts. The network has seen significant growth, especially after launching the Base application. This integration with platforms like Zora and Farcaster has led to new token launches and increased network activity. New features like Base account and Base rewards have simplified identity and payment solutions. Base has surpassed other Ethereum Layer 2 networks in daily transaction volumes, ranking second in secure value. 💸
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