Blast, a rising Ethereum layer-2 scaling community, has stopped producing blocks following the long-anticipated launch of the Dencun improve to the Ethereum mainnet. The Blast staff tweeted at 10:41am ET that it’s engaged on a repair.
“The Blast Mainnet has stopped producing blocks as a result of points associated to Ethereum’s Dencun improve. Core engineering contributors are engaged on a repair. We’ll share an replace and autopsy as soon as the repair is dwell (ETA 30-60 min).”
Blast simply launched its mainnet on February 29 following months of build-up that noticed customers lock up over $2.3 billion price of crypto funds within the community’s Ethereum bridge. The mainnet launch allowed customers to withdraw their funds, and that $2.3 billion tally initially dipped consequently.
Nonetheless, customers are more and more placing extra funds into the community to reap the benefits of rising DeFi protocols and potential token airdrop alternatives, with over $2.9 billion in whole worth locked (TVL) within the community as of this writing.
Blast hails from the staff behind Blur, the main Ethereum NFT market, and has equally used airdrop incentives to attempt to take market share away from rival platforms.
This story is breaking and can be up to date with further particulars.
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