Resolving Technical Issues
The Sui Network experienced three significant outages, with the most recent ones occurring in November 2024 and January. The January outage lasted over six hours, while the November incident lasted around 2.5 hours. Sui is currently the 13th-largest blockchain by total value locked.
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Can Sui Maintain Stability?
The Sui Foundation attributed the outages to technical glitches. The first two outages were caused by bugs in the 1.72 update, which were subsequently addressed. The upgrade aimed to improve the network's stability and performance.
The Sui Network's total value locked stands at $519 million, indicating a significant level of investment in the blockchain. With 137 protocols hosted on the network, the upgrade is expected to have a positive impact on users and investors.
The Sui Foundation's efforts to resolve the technical issues have been successful so far. The major upgrade has fixed the bugs behind the three outages. The network's stability is expected to improve, boosting user confidence.
Frequently Asked Questions
The Sui Network is expected to continue growing, with the recent upgrade providing a solid foundation for future development. As the network expands, it is likely to attract more investment and users.
What caused the Sui Network outages? How long did the outages last? What is the total value locked on Sui? The total value locked on Sui is $519 million.