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Kraken-Backed Ink Reports Ethereum Layer-2 Network Outage

Ink said chain-wide availability was intermittently disrupted, with user transactions and cross-chain bridge operations potentially remaining unstable as it works with Gelato to restore service.

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Summary

Ink, a Kraken-backed Ethereum Layer-2 network, disclosed a chain-wide outage that intermittently disrupted availability across the network. The team said user transactions and cross-chain bridge operations may remain unstable until service is fully restored. Ink is investigating the cause with infrastructure partner Gelato, but no recovery timeline was provided.

Terms & Concepts
  • Layer-2 network: A blockchain scaling system built on top of a base chain such as Ethereum to improve speed or reduce costs while relying on the underlying network for settlement.
  • Cross-chain bridge: Infrastructure used to move assets or data between separate blockchains, typically through smart contracts or related messaging systems.
  • Network outage: A period when a blockchain service or supporting infrastructure becomes unavailable or unstable, interrupting normal user activity such as transactions or transfers.