Sui said three network outages in a major update
The Sui Foundation, the non-profit organization behind the Sui network, says it has made “major improvements” to solve the problems caused by three recent outages, and the blockchain was left down for more than 15 hours in two days.
Sui experienced an outage that lasted nearly six hours on Thursday and two more on Friday. The first one lasted eight hours and 25 minutes, while the second lasted 43 minutes, according to the Sui Network's uptime dashboard. All systems are listed as operational as of Monday.
The Sue Foundation said in a blog post on Sunday that it has applied for an update to fix the bugs that caused the outage. He also pointed out several areas for improvement, such as better failure handling, end-of-life resistance, and more investment in artificial intelligence agents, such as probes, querying verification logs, and matching metrics.
“So far, verifiers have fully tested the known issues due to both the main gas-charge error and the random-state error, and network activity has continued. No user funds were at risk during the outage, and no committed transactions were recovered when the network restarted,” the Sui Foundation said.
Source: Follow up.
Swi had a similar outage in January, knocking the network offline for about six hours. In the year Another incident occurred in November 2024, when all authentications were stuck in a crash cycle for about 2.5 hours. Sui is the 13th largest blockchain by total value, with a cap of $519 million and hosting 137 protocols, according to Defilla.
Errors introduced during the software update
Two recent outages of the Sui Foundation's blockchain stemmed from “crash bugs” introduced in its 1.72 software release. The bugs affected gas top-ups, causing the network to charge money before canceling transactions with insufficient balance. This created a negative balance that ruined the system
A temporary fix for the first error triggered the third outage. It aimed to bring the network back online until a permanent solution was developed, but had “a known issue with a low risk of disruption”.
Related: CME Group expands crypto futures with Avalanche and Sui contracts
The Sui (SUI) token has dropped after the shutdown. According to data from crypto aggregator CoinGecko, it was trading at 99 cents before its withdrawal on Thursday. It's down about 11% since then and is trading at about 88 cents as of Monday.
At the beginning of May, the token rose by 50% to $1.41 after several positive developments.
Swi launched its main network in May 2023, with the aim of being scalable and able to quickly process transactions for major financial institutions.
Magazine: HYPE Chases $100 Target, ETH May Drop Below $1800: Market Actions
