The recent two-day outage of the Degen Chain proved to be more than a minor inconvenience. It caused severe disruption as the network failed to produce a block for over 53 hours. This disruption had a cascading effect, rendering the network and its associated applications unusable.
According to its block explorer, the network stalled at 8:15 p.m. UTC on May 12, marking the time of the last produced block.
Degen Chain is among the few layer-3 blockchains that settle transactions on a layer-2 network. It explicitly uses the Ethereum layer-2 chain, Base, for settlement and the AnyTrust protocol for data availability functions.
Conduit estimates the Degen L3 resync will complete by 6 AM Pacific. Post-resync, they'll test the chain to ensure all data affected by the reorganization is restored. We apologize for the downtime. For more information, please see @conduitxyz's post. https://t.co/yhPyieBKch
— Degen
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