On Friday, Arbitrum, a Layer-2 blockchain built on Ethereum, reported that it experienced a temporary outage lasting around 1.5 hours, but now all the systems are back to normal.
The disruption occurred when a surge in transactions, inspired by Bitcoin Ordinals, overwhelmed the system’s sequencer, causing it to halt.
According to Hildobby, a pseudonymous data researcher at Dragonfly, around 90% of the transactions leading up to the outage were inscriptions.
Harry Kalodner, the co-founder and chief technology officer of Offchain Labs, wrote “Today was a tough day.
A lot of lessons learned and work to do to make sure Arbitrum can deliver the excellence people rightfully expect. Engineering in web3 is hard, but we’re all in this together to build a better future.”
On Friday afternoon, Arbitrum reported that the gas prices on its network had stabilized and all operations had returned to their usual state.
The platform is still gathering additional details and plans to share a comprehensive analysis, known as a “post-mortem,” in the coming days.
The Arbitrum Discord was flooded with messages from traders expressing concerns about the impact on their positions once the network was restored.
