On July 31st, according to the official announcement of Terra, the Terra chain will be suspended at block height 11430400, and transactions will be stopped during this period. The Terra team will work with phoenix-1 validators to apply emergency patches to fix suspected vulnerabilities. Users need to pay attention to the relevant operations of the chain during the suspension.
Terra tweeted that the Terra chain was briefly halted at block height 11430400 and no transactions will be processed during this time. Terra will work with validators on Terra (phoenix-1) and then apply emergency patches to fix the suspected vulnerability.