The Polygon blockchain has not processed a new block in over an hour, leading to speculation that the Ethereum scaling chain might be experiencing an outage.
According to polygonscan, Polygon has not had a new transaction in over an hour. Polygon has not addressed the pause via any of its official channels.
The potential outage at Polygon comes just a day after Polygon Labs, the company behind the blockchain, laid off 20% of its staff, or almost 100 workers, as part of a consolidation move. The last time the chain suffered from an extended service outage was in March 2022.
This is a developing story and will be updated.
