Sui Network ($SUI), a relatively new blockchain, experienced an unexpected two-hour outage on Thursday.
Sui's downtime was caused by a bug in its transaction scheduling logic, which led to its validator network crashing. The issue has now been resolved, the network said.
Several exchanges, including Upbit, had temporarily suspended $SUI transactions. Blockchain outages can take place for a plethora of reasons, ranging from a 51% attack to technical errors. A common errors is that of nodes - or individual entities that process transactions - being unable to sync with each other, causing the blockchain to go offline.
Software bugs may be another error vector, where outdated code can render the network's processes inoperable.
$SUI tokens came back up after falling nearly 7%.
coindesk.com