Degen Chain, an Ethereum layer-3 blockchain, has resumed operations two days after halting block validation.The pause, which began on May 12, rendered several decentralized applications and bridges operating on it non-functional.Today, the network is back online after Conduit, a rollup infrastructure platform, resynchronized its nodes from the genesis block.The team at Conduit clarified that although the Degen Chain was now operational, its block explorer is still undergoing indexing. So, the firm advised infrastructure providers to initiate indexing from a designated block to ensure smooth consistency in the process.Additionally, Conduit has taken measures to filter transactions from approximately five addresses, each harboring millions of failed transactions. It added:“To bring the network online as soon as possible, a few (<5) addresses were filtered during the replay process. These addresses have tens of millions of failed transactions and were stalling the replay process. Transactions from these addresses can be replayed, but on a delay that does not prevent the network from coming back online.”The Degen Chain’s block explorer shows that transaction indexing is in progress, with the rate at 95% as of press time.An earlier statement from Conduit explained that Degen Chain’s issues began when it completed a custom configuration last Friday.According to the firm, this update caused two of its chains—Degen and Proof of Play’s Apex—to stop “posting batches for more than 24 hours. Upon resuming, the first batches triggered reorgs on both chains.”However, Conduit promised to provide a more detailed post-mortem about the incidents, adding that the upgrade that caused the network’s issues was validated on testnet before rolling out to mainnets.Meanwhile, the recent issues within Degen Chain have sparked increased attention on layer-3 blockchain networks, stirring division within the community.Particularly, skeptics such as Polygon CEO Marc Boiron have previously cautioned that these networks primarily serve to divert value from Ethereum onto the layer-2 platforms hosting these layer-3 solutions.Oluwapelumi values Bitcoin's potential. He imparts insights on a range of topics like DeFi, hacks, mining and culture, underlining transformative power.Also known as "Akiba," Liam is a reporter, editor and podcast producer at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change. Get the latest crypto news and expert insights. Delivered to you daily.The S-1 filing follows the SEC's approval of NYSE Arca's proposed rule change on behalf of ProShares.All spot ETH ETFs have yet to launch despite recent developments.ICBC compared Bitcoin to gold and said Ethereum has established itself as "digital oil" capable of powering myriad applications across the web3 ecosystem.DeFillama data shows the platform's TVL rose 135% despite the attack.CryptoSlate's latest market report dives deep into the effects corporate Bitcoin purchases have on the market.Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
