Coinbase's Base resumes block production after 2-hour outage

Coinbase's blockchain, Base, resumed block production on Thursday after a consensus issue caused a network outage lasting approximately two hours. The disruption began around 10:00 AM ET and was resolved by 12:00 PM ET, according to a status update from the company. During the outage, Base experienced a halt in transaction processing and block creation. The team attributed the downtime to a consensus problem, though specific technical details were not immediately provided. This marks the second significant outage for Base in 2024, following a previous incident in February that also temporarily disrupted network operations. The platform's engineers worked to identify and rectify the root cause of the consensus failure, successfully restoring normal functionality. Coinbase has stated it is investigating the incident to prevent future occurrences.