🚀 Base Reports 33-Minute Outage Due to Backup Sequencer Issue
#Base #Outage #BackupSequencer #BlockGeneration #Blockchain #NetworkRecovery #Report
According to BlockBeats, Base has released a report detailing a 33-minute outage that occurred on August 5. The interruption in block generation was caused by a switch to a backup sequencer that was not properly configured to handle transactions.
The active sequencer at the time began experiencing delays in block generation, prompting Base's Conductor system, which manages sequencer availability and reliability, to initiate a sequencer switch. The network has since fully recovered, with the total downtime lasting 33 minutes.#Base #Outage #BackupSequencer #BlockGeneration #Blockchain #NetworkRecovery #Report
🚀 Bitcoin Staking Protocol Babylon Faces Potential Vulnerability
#Bitcoin #Staking #Babylon #Vulnerability #Blockchain #Consensus #Validators #Security #PANews #BLS #BlockGeneration #Crypto #BTC
According to PANews, a software vulnerability in the Bitcoin staking protocol Babylon has been disclosed, potentially allowing malicious validators to disrupt part of the network's consensus process. This issue, revealed by developers in a GitHub post on Thursday, could slow down block generation during critical periods.
The vulnerability affects Babylon's block signature scheme, known as the BLS voting extension scheme, which is used to confirm that validators have reached consensus on a block. Malicious validators could exploit this flaw by omitting the block hash field when sending vote extensions, leading to consensus issues among validators at network epoch boundaries.
The block hash field is crucial as it informs validators about the specific blocks they are supporting during the consensus process. By omitting this field, malicious validators could theoretically cause other validators to crash during critical consensus checks at phase boundaries. If multiple validators are affected, it could result in a slowdown of block generation.
While there have been no reports of this vulnerability being actively exploited, developers have warned that it could be abused if not addressed.#Bitcoin #Staking #Babylon #Vulnerability #Blockchain #Consensus #Validators #Security #PANews #BLS #BlockGeneration #Crypto #BTC
🚀 TON's Major Upgrade Enhances Performance and Reduces Transaction Time
#TON #upgrade #performance #blockgeneration #transactiontime #PavelDurov #NS3AI #transactionconfirmation #fees
TON has successfully completed a significant upgrade, enhancing block generation speed by six times and overall performance by approximately ten times. According to NS3.AI, Pavel Durov highlighted that this upgrade has reduced transaction confirmation time from around 10 seconds to sub-second levels. Durov also mentioned that the next phase of TON's seven-step plan is focused on reducing transaction fees by about six times.#TON #upgrade #performance #blockgeneration #transactiontime #PavelDurov #NS3AI #transactionconfirmation #fees