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Celo re-establishes 24 hour network outage

The Celo network has been suffering from an network outage lasting 24 hours. Celo is an open-source blockchain that enables users with phone numbers to make payments with crypto by using their phone numbers as a proxy for public keys.

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The Celo network has been suffering from an network outage lasting 24 hours. Celo is an open-source blockchain that enables users with phone numbers to make payments with crypto by using their phone numbers as a proxy for public keys.

Celo updated its followers after the network came back online, noting it was the network’s first outage since its mainnet launch in 2020, and that it has begun a technical analysis to understand the issue that caused the outage.

The protocol made the initial announcement that the network had stalled on July 14 at block 14,035,019, while assuring that all funds were safe during the stall. The network appears to be active again following an upgrade of its validator nodes to version 1.5.8, according to a Celo block explorer.

The Celo protocol’s whitepaper claims that it enables users to send payments as easy as sending a text message.  The network is also the protocol behind three stablecoins Celo Dollars , Celo Euros and Celo Reals ( as well as its native token CELO.

Celo is not the only network to suffer outages as the Helium network suffered a four hour outage due to validator outages from a software update, causing delayed transaction finality, while the Solana network suffered an outage causing block production to stop for four and a half hours.

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