Over Foundation Halts Over Protocol Services Over Financial Constraints

According to the foundation, all Over Protocol infrastructure has been shut down due to a funding shortfall, leaving ongoing block production dependent on independent validators without a stated recovery plan.

Summary

Over Foundation said it halted all Over Protocol infrastructure and related services because of a funding shortfall and has not provided any recovery plan. The shutdown covers OverWallet, OverNode, OverFlex, RPC endpoints, the block explorer and the API. According to the official announcement, ongoing block production now depends on independent validators, meaning the network’s continued operation is no longer supported by foundation-run infrastructure.

Terms & Concepts
  • Validator: A network participant that verifies transactions and can produce blocks to help keep a blockchain operating.
  • RPC endpoints: Remote procedure call interfaces that let wallets, apps and other services communicate with a blockchain node to read data or submit transactions.