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Starknet, a leading Ethereum Layer 2 scaling solution, has restored normal block production after a significant four-hour outage. The disruption occurred shortly after the network deployed its major ‘Grinta’ upgrade aimed at improving decentralization and speed. The incident caused temporary transaction reversals and a 5% drop in STRK token value.
- Network rolled back to block 1,960,612, excluding transactions from 2:23 A.M. to 4:36 A.M. UTC that must be resubmitted
- Grinta upgrade introduced three-node Tendermint consensus and pre-confirmations for near-instant transaction feedback
- New fee market structure inspired by Ethereum's EIP-1559 with base rates and optional tips across three gas categories
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