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[TECHNOLOGY] · 3 sources

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Part of situation: Sophon Layer-2 mainnet shutdown (2 clusters)

Sophon to shut down Ethereum Layer-2 blockchain by November

Sophon Ethereum Layer-2 blockchain shutdown cryptocurrency withdrawals L2Beat

Sophon is scheduled to shut down its Ethereum Layer-2 blockchain, with a withdrawal deadline set for November 25. Following this deadline, the project plans to begin shutting down its infrastructure and websites, with the mainnet expected to close permanently on November 30.

There is currently a discrepancy regarding the timeline, as Sophon’s official documentation states that no fixed date has been set, contradicting the deadline announced on the platform X. Approximately $5.28 million in assets are currently held on the Sophon blockchain. Notably, the project is listed as Stage 0 on L2Beat with “No mechanism” for sequencer failure, meaning there is no emergency exit via Ethereum for users to recover funds.

Entities

Ethereum · L2Beat · Sophon

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] The deadline for withdrawing funds is November 25.
  • [○ 1 SOURCE] Sophon is listed as Stage 0 on L2Beat with no mechanism for sequencer failure.
  • [○ 1 SOURCE] Approximately $5.28 million is currently held on the Sophon blockchain.
  • [○ 1 SOURCE] The mainnet is scheduled to close on November 30.
  • [○ 1 SOURCE] Sophon's official documentation currently states there is no fixed date for the shutdown.
  • [○ 1 SOURCE] Sophon is shutting down its Ethereum Layer-2 blockchain.

Sources

Initia stoppt Blockchain nach Infinite-Mint-Angriff [cryptoticker.io]
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Travala Introduces AVA Buyback Multiplier, Scaling Buybacks Up to 4x Member Rewards [finbold.com]