Mitrade - Stacks, a Bitcoin layer 2 network, faced a 9-hour outage due to a Bitcoin issue and outdated miner software, impacting user transactions and prompting an upcoming upgrade to prevent future occurrences

https://www.mitrade.com/insights/news/live-news/article-3-217854-20240619

Stacks, a layer 2 network built on Bitcoin, suffered a 9-hour outage due to a Bitcoin network issue and outdated miner software. This prevented users from processing transactions and affected the value of Stacks' token (STX).

The outage highlighted the need for upgrades, and Stacks' co-founder announced an upcoming update (Nakamoto) that will prevent similar issues in the future.

Nakamoto will improve Stacks' stability by ensuring smooth operation even during Bitcoin network hiccups.

Beware of blockchain's outage!!