Bitcoin L2 Stacks faces 5 hour outage halting transactions

Oluwapelumi Adejumo

Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6. Since then, no new blocks have been created, effectively halting transaction processing. The project’s team confirmed the issue on its social media […]

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Bitcoin L2 Stacks faces 5 hour outage halting transactions