Aptos: Analyzing the reasons behind the recent network outage
The post Aptos: Analyzing the reasons behind the recent network outage appeared on BitcoinEthereumNews.com. Assessing the state of Aptos and APT after the recent downtime incident. Recap of Aptos’s 1 year performance after mainnet launch. Aptos released an update regarding its latest downtime incident on 18 October where the network went offline for hours. The network has regained operations since then but the report reveals details regarding the reasons for the downtime. Is your portfolio green? Check out the APT Profit Calculator According to the report, a transaction with insufficient gas fee triggered the downtime. The incident resulted in validators not being able to decide on the amount of gas used, thus triggering non-determinism. This reportedly occurred due to a code change implemented in August but the code has since been reversed and the problem solved. Aptos Mainnet Incident Report: On Aug a performance-focused code change was committed to the Aptos-core code base. Validators agreed that a transaction had an insufficient gas budget to execute a transaction and they were unable to agree upon the amount of gas used up to that… https://t.co/3ByNvnnTpe — Wu Blockchain (@WuBlockchain) October 20, 2023 The downtime incident puts Aptos on the list of blockchain networks that have experienced network disruptions. Perhaps Solana holds the crown for that but what really matters in this case is that such incidents tend to trigger trader FUD and sell pressure. But is that the case for the Aptos’ native crypto APT? APT attempts to escape bottom range APT’s price action did not react adversely to Aptos’ downtime incident. However, this could be because the cryptocurrency has already been heavily discounted considering its overall bearish price action since January. The APT cryptocurrency’s price action in the last two weeks suggests that it might be ready for a relief rally. Its performance since 12 October reveals that bullish momentum has been building up. This…
The post Aptos: Analyzing the reasons behind the recent network outage appeared on BitcoinEthereumNews.com.
Assessing the state of Aptos and APT after the recent downtime incident. Recap of Aptos’s 1 year performance after mainnet launch. Aptos released an update regarding its latest downtime incident on 18 October where the network went offline for hours. The network has regained operations since then but the report reveals details regarding the reasons for the downtime. Is your portfolio green? Check out the APT Profit Calculator According to the report, a transaction with insufficient gas fee triggered the downtime. The incident resulted in validators not being able to decide on the amount of gas used, thus triggering non-determinism. This reportedly occurred due to a code change implemented in August but the code has since been reversed and the problem solved. Aptos Mainnet Incident Report: On Aug a performance-focused code change was committed to the Aptos-core code base. Validators agreed that a transaction had an insufficient gas budget to execute a transaction and they were unable to agree upon the amount of gas used up to that… https://t.co/3ByNvnnTpe — Wu Blockchain (@WuBlockchain) October 20, 2023 The downtime incident puts Aptos on the list of blockchain networks that have experienced network disruptions. Perhaps Solana holds the crown for that but what really matters in this case is that such incidents tend to trigger trader FUD and sell pressure. But is that the case for the Aptos’ native crypto APT? APT attempts to escape bottom range APT’s price action did not react adversely to Aptos’ downtime incident. However, this could be because the cryptocurrency has already been heavily discounted considering its overall bearish price action since January. The APT cryptocurrency’s price action in the last two weeks suggests that it might be ready for a relief rally. Its performance since 12 October reveals that bullish momentum has been building up. This…
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