At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations.
** This post was updated at 3:00 p.m. (ET) to reflect the fact that the Terra blockchain has resumed block production.
Terra Blockchain Halts in Order to Prevent Governance Attacks, Team Says Restart Coming Soon
At the time of writing, the Terra blockchain has stopped block production since the mid-afternoon Eastern Standard. The team’s Twitter account addressed the public by saying: “The Terra blockchain was officially halted at a block height of 7603700. Terra validators have decided to halt the Terra chain to prevent governance attacks following