Sui Network Faces Significant Outages Due to Bugs
- The Sui mainnet experienced three outages on May 28-29, totaling over 15 hours of downtime.
- Outages were caused by bugs related to gas charging logic and validator synchronization issues.
- Despite the disruptions, user funds remained secure with no transactions reverted.
- The price of SUI fell by 18% over the past week, reaching $0.86 amid broader crypto market declines.
- This marks the third major reliability issue for Sui since its mainnet launch in 2023.
Sui’s recent outages highlight ongoing challenges with protocol upgrades and network stability in the cryptocurrency space. The incidents underscore the complexities involved in managing interactions between new features and existing processes.
Despite these setbacks, no user funds were compromised during the outages, and developers are working on long-term solutions to prevent future disruptions (Source).
