‘Halt is not okay’ – All about Base and its consensus problem
Base, a Coinbase-incubated Ethereum Layer 2 (L2) chain, has been unable to accept deposits or withdrawals for nearly 48 hours. On the 25th of June, the L2 said that it ran into a consensus issue that caused an invalid block to be sequenced. The statement was given on 25th June, 17:21 UTC. The problem was isolated and debugged, and the team soon announced that broader recovery was underway. However, as of 26th June, 10:36 UTC, the issue had not been fully resolved. In fact, the chains status indicated that the mainnet block product was “unhealthy.” Apart from the block production, deposits and withdrawals were also affected for the second day. Notably, withdrawals were only partially degraded, but deposits were facing a “major outage.” Source: Base Status For his part, Jesse Pollak, co-founder of Base, assured users that funds were safe and that they were working on a full post-mortem. He added that halting the chain to remedy the issue was undesirable and would act as a challenge to do better in the future. All funds are/were safe. But a halt is not okay, and well use this to continue to level up Base as a platform for global, 24/7 finance. Thank you for your patience. Bases bet on









