Canto to restart network after 'consensus issue' causes outage

Ecosystems•August 11, 2024, 6:00PM EDT
UPDATED: August 11, 2024, 8:03PM EDT
GoogleMake us preferred
Canto to restart network after 'consensus issue' causes outage

Quick Take

  • Cosmos-based Layer-1 blockchain Canto has experienced an outage lasting over twenty-eight hours following a problematic software upgrade. 
  • An upgrade to address the issue will be carried out shortly, at 12:00 UTC on Monday, Canto said. 
Advertisement

Cosmos-based Layer-1 blockchain Canto experienced an outage following its "Callisto" upgrade on Saturday which took the mainnet down at about 18:43 UTC, according to block explorers. 

The blockchain has been unable to process new transactions since the outage. On Sunday afternoon, Canto's X account acknowledged the outage, blaming the downtime on "an issue with consensus." Canto said an upgrade designed to address the issue would be carried out on Monday at 12:00 UTC and reassured users that funds are safe. 

Though Canto announced its intent to migrate to Ethereum last year, becoming a Layer-2 network, the blockchain later reversed course, deciding to remain an L1.

Canto experienced a surge in trading activity in January 2023, but has since fallen to become the 78th largest blockchain by total value locked (TVL), according to DefiLlama data.