Base Network Resumes Normal Block Production After Short Outage

Coinbase’s Base network resumed block production on Aug 5 after a 29-minute service disruption, marking its second outage since September 2023 amid rapid network growth and new social integration features.

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Summary

On Aug 5, Coinbase’s Base network experienced a service disruption from 06:15 to 06:44 UTC at block height 33,792,704, affecting deposits, withdrawals, and block production. The issue was swiftly resolved, marking the network’s second outage following a 40-minute incident in September 2023 attributed to an internal infrastructure refresh with no funds compromised. Concurrently, the launch of the Base App—with integrations to social platforms like Zora and Farcaster and features such as Base Account and Base Pay—has spurred significant token activity and growth, positioning Base as the second-largest Ethereum Layer 2 network with over $13 billion in total value locked.

Terms & Concepts
  • block production: The process of validating transactions and adding them to the blockchain as new blocks.
  • block height: The sequential number that denotes a block's position in the blockchain.