Another Cryptocurrency Network Down for 1 Hour, Inscriptions Strike Again
The zkSync Period community, a layer 2 scaling answer for Ethereum, suffered a serious outage right this moment, stopping producing blocks for over an hour.
On the time of writing this text, the community has nonetheless not began block manufacturing.
In response to some info, the community outage was triggered by the same occasion with a rise in inscription transactions used to put arbitrary information on the Bitcoin blockchain.
In response to some info, the community outage was triggered by a rise in inscription transactions used to put arbitrary information on the Bitcoin blockchain. Inscriptions are a kind of non-fungible tokens (NFTs) which have gained reputation within the cryptocurrency group in current months. Nevertheless, in addition they pose a cybersecurity threat as they’ll exploit a vulnerability in Bitcoin Core and Bitcoin Knots, exceeding the info bearer restrict and spamming the community with massive quantities of non-transactional information.
This will result in elevated community congestion, greater charges, and decreased efficiency for Bitcoin and different cryptocurrency networks with inscriptions similar to zkSync Period.
The zkSync Period group has not but made an official assertion concerning the incident, however some customers assume that the community is unable to course of these transactions because of the measurement and complexity of the inscriptions.
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