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Proof-of-stake-based blockchain Celo has been affected by an on-and-off community outage lasting 24 hours, although the blockchain seems to be up and operating once more now. Celo is an open-source blockchain that permits customers with telephone numbers to make funds with crypto by utilizing their telephone numbers as a proxy for public keys. Celo up to date its Twitter followers after the community got here again on-line, noting it was the community’s first outage because the mainnet launch on April 22, 2020, and that it has begun a “thorough and expedited technical analysis” to unravel the difficulty. The protocol made the preliminary announcement that the community had stalled on July 14 at 12:04 am (UTC) at block 14,035,019, assuring that “all funds are safe.” It resumed round 9 hours later for a number of minutes earlier than pausing once more at block 14,035,045. As on the time of writing, the community seems to be up and operating once more following an improve of its validator nodes to model 1.5.8, in accordance with a Celo block explorer. Update: Celo validators have resolved the community’s first outage since mainnet launch on April 22, 2020. An intensive and expedited technical evaluation is ongoing and particulars will likely be readily shared with the Celo group.— Celo (@CeloOrg) July 15, 2022 On the protocol’s Discord channel, one of many community’s validators with the username “Dee” stated they noticed the most recent outage as “part of the growing pains” of the community however that they remained assured within the fundamentals because it was the primary community halt in over two years. “Even Visa had some network outage over the past two years despite being a market leader in payments for over 60 years.”The Celo protocol’s whitepaper claims that it permits customers to ship funds “as easy as sending a text message.” The community touts a median block time of 5 seconds, is Ethereum Virtual Machine Compatible, and helps good contracts and decentralized purposes. Related: Celo Foundation proposes to deploy Uniswap v3 on its native blockchainThe Celo community can also be the protocol behind three stablecoins — Celo Dollars (cUSD), Celo Euros (cEUR) and Celo Reals (cREAL) in addition to its native token Celo (CELO).Earlier this week, the Helium community suffered a four-hour outage attributable to validator outages from a software program replace, inflicting delayed transaction finality.On June 1, the Solana community suffered yet one more outage, inflicting block manufacturing to halt for 4 and a half hours. It was one among seven community outages over the past 12 months.

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Proof-of-stake-based blockchain Celo has been affected by an on-and-off community outage lasting 24 hours, although the blockchain seems to be up and operating once more now. 

Celo is an open-source blockchain that permits customers with telephone numbers to make funds with crypto by utilizing their telephone numbers as a proxy for public keys.

Celo up to date its Twitter followers after the community got here again on-line, noting it was the community’s first outage because the mainnet launch on April 22, 2020, and that it has begun a “thorough and expedited technical analysis” to unravel the difficulty.

The protocol made the preliminary announcement that the community had stalled on July 14 at 12:04 am (UTC) at block 14,035,019, assuring that “all funds are safe.”

It resumed round 9 hours later for a number of minutes earlier than pausing once more at block 14,035,045.

As on the time of writing, the community seems to be up and operating once more following an improve of its validator nodes to model 1.5.8, in accordance with a Celo block explorer.

On the protocol’s Discord channel, one of many community’s validators with the username “Dee” stated they noticed the most recent outage as “part of the growing pains” of the community however that they remained assured within the fundamentals because it was the primary community halt in over two years.

“Even Visa had some network outage over the past two years despite being a market leader in payments for over 60 years.”

The Celo protocol’s whitepaper claims that it permits customers to ship funds “as easy as sending a text message.” The community touts a median block time of 5 seconds, is Ethereum Virtual Machine Compatible, and helps good contracts and decentralized purposes.

Related: Celo Foundation proposes to deploy Uniswap v3 on its native blockchain

The Celo community can also be the protocol behind three stablecoins — Celo Dollars (cUSD), Celo Euros (cEUR) and Celo Reals (cREAL) in addition to its native token Celo (CELO).

Earlier this week, the Helium community suffered a four-hour outage attributable to validator outages from a software program replace, inflicting delayed transaction finality.

On June 1, the Solana community suffered yet one more outage, inflicting block manufacturing to halt for 4 and a half hours. It was one among seven community outages over the past 12 months.

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