Bitcoin Network Faces Brief Outage

Bitcoin Network Faces Brief Outage



The Bitcoin network briefly went offline, failing to produce a block for about an hour on November 7th, prompting concerns over the network's stability.



This event represents the third occurrence of such a delay this year, with prior incidents noted in May.



Among several instancesRecords from Blockchain Explorer show that block 815,689 took nearly 43 minutes to generate, and the following block, 815,690, took 66 minutes. These times are significantly longer than Bitcoin's average block time, which is typically about 10 minutes.



Colin Wu, a journalist from China, pointed out that in 2021 there were also two significant block production delays, with each lasting close to two hours.Though somewhat infrequent, these types of interruptions are not unprecedented. Tadge Dryja, creator of the Lightning Network, commented during one of


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#Bitcoin, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

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