Headline-Grabbing Robinhood Blockchain Stops Recording New Transactions

Blockonomics
Changelly


Robinhood Chain appears to have experienced a network outage on Sept. 4, with the blockchain temporarily stopping the production of new blocks and leaving transactions unrecorded.

The network went 13 minutes without recording a new transaction, according to data from the Blockscout explorer. 

The incident comes as Robinhood Chain is gaining attention as Robinhood expands its on-chain financial infrastructure. 

Recent usage data shows that Robinhood Chain saw a dramatic increase in activity shortly after its July 1  mainnet launch. Blockscout reported that the network grew from roughly 22,000 daily transactions during its first week of data to about 8.5 million daily transactions by mid-July, a 38,350% increase.

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At the time of reporting, the specific cause of the interruption had not been disclosed. Robinhood’s main status page showed no officially reported incident for Sept. 4. 

Block production resumes 

Update: (21:08 (UTC+8)): Block production has intermittently resumed, with the latest block displayed on the explorer timestamped at 21:06. 

Source: https://u.today/headline-grabbing-robinhood-blockchain-stops-recording-new-transactions



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