Starknet (STRK), the Ethereum (ETH) layer 2 (L2) scaling solution, is currently experiencing a service outage. The network has been down and has not been producing blocks for over 20 minutes.
The Starknet team released an official statement on the X account and confirmed the outage.
Accordingly, Starknet announced that it experienced a service outage on its X share. The team stated that it is actively investigating the issue and is working to restore full functionality as quickly as possible.
This unexpected outage has raised concerns among users and developers who rely on Starknet for decentralized applications and services.
“Starknet is currently down. Our team is actively investigating the issue and working to restore full functionality as quickly as possible. We will provide updates as we learn more.”
The Starknet (STRK) price did not appear to have experienced a significant drop after this outage.
Starknet is a popular second-layer scaling solution for Ethereum that aims to increase transaction speeds and reduce costs.
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/ethereum-eth-based-altcoin-experiences-unexpected-outage-team-issues-statement/