Sui Network Experiences Two-Hour Outage, Halting Block Production
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 21 2024Sui Network Outage: The Sui Network experienced a two-hour outage on November 21st due to a bug in its transaction scheduling logic, halting block production and affecting the crypto market, leading to a 7.29% dip in the SUI token price during the downtime.
Community Reactions and Comparisons: The incident sparked discussions within the cryptocurrency community, with some comparing Sui's outage to past issues faced by Solana, while Sui representatives emphasized the rarity of such incidents and the swift resolution of the problem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
