Arbitrum Site, Blockchain Scanner Down Ahead of ARB Airdrop
The front ends were down amid massive interest from traders.
Mar 23, 2023 at 1:06 p.m. UTC:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2EVC447IWBDCVGAUR533BUBNAE)
(Shutterstock)
Arbitrum's website and blockchain scanner was down ahead of the ARB token claim event amid massive interest from token users.
"This Serverless Function was rate limited," a prompt on the site said at writing time on Thursday.
Users can still claim tokens from the smart contract directly, as the website just serves as a front end for the blockchain itself. Blockchain explorer Arbiscan reported over 85,000 users in a 30-minute window as the claim went live, as per a tweet.
ARB price action is expected to be significantly volatile on the first day. Arbitrum developers confirmed last week that ARB will be airdropped to community members on Thursday, March 23, based on their prior network activity, marking Arbitrum’s official transition into a decentralized autonomous organization (DAO).
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
:format(webp)/s3.amazonaws.com/arc-authors/coindesk/6c6bb5af-692c-4fcf-9f8b-a75d0549effd.png)
Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.