Ethereum (ETH) Layer-2 Scaling Solution Arbitrum (ARB) Suffers ‘Major Outage’ Amid Surge in Traffic

Arbitrum (ARB), a popular Ethereum (ETH) layer-2 scaling solution, suffered a major outage on Friday morning amid a “significant” surge in network traffic. The protocol’s sequencer, which is responsible for ordering users’ transactions, stalled at 7:29 a.m. PST and didn’t resume operations until 8:57 a.m., according to Arbitrum’s status page. The layer-2 scaling solution says […] source: https://dailyhodl.com/2023/12/16/ethereum-eth-layer-2-scaling-solution-arbitrum-arb-suffers-major-outage-amid-surge-in-traffic/