- Assessing the state of Aptos and APT after the recent downtime incident.
- Recap of Aptos’s 1 year performance after mainnet launch.
Aptos released an update regarding its latest downtime incident on 18 October where the network went offline for hours. The network has regained operations since then but the report reveals details regarding the reasons for the downtime.
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According to the report, a transaction with insufficient gas fee triggered the downtime. The incident resulted in validators not being able to decide on the amount of gas used, thus triggering non-determinism.
This reportedly occurred due to a code change implemented in August but the code has since been reversed and the problem solved.
Aptos Mainnet Incident Report: On Aug a performance-focused code change was committed to the Aptos-core code base. Validators agreed that a transaction had an insufficient gas budget to execute a transaction and they were unable to agree upon the amount of gas used up to that… https://t.co/3ByNvnnTpe
— Wu Blockchain (@WuBlockchain) October 20, 2023
The downtime incident puts Aptos on the list of blockchain networks that have experienced network disruptions.
Perhaps Solana holds the crown for that but what really matters in this case is that such incidents tend to trigger trader FUD and sell pressure. But is that the case for the Aptos’ native crypto APT?
APT attempts to escape bottom range
APT’s pric
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Author: Michael Nderitu