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Bitcoin L2 Stacks was down for nearly 9 hours yesterday due to Bitcoin reorganization and unexpected miner behavior

Bitcoin L2 Stacks was down for nearly 9 hours yesterday due to Bitcoin reorganization and unexpected miner behavior

CointimeCointime2024/06/15 01:22
By:Cointime

Bitcoin's L2 expansion network, Stacks, experienced downtime on Friday, stopping block production for nearly 9 hours. This event was caused by Bitcoin reorganization (reorg) and "unexpected miner behavior," causing STX prices to drop 12% that day. "Unexpected miner behavior" may refer to miners not updating their software or coordinating effectively to respond to Bitcoin reorg, causing block production delays and implying technical or operational issues among miners. Stacks co-founder Muneeb Ali pointed out that the upcoming Nakamoto upgrade focuses on a new consensus mechanism aimed at eliminating the possibility of forks and reducing the impact of Bitcoin reorg. The Nakamoto upgrade was originally expected to be launched in late spring, but due to potential issues being too severe to be resolved in subsequent updates, it was postponed at the last minute and is now planned to be released in August.

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