zkSync Era protocol currently encountering network issues
The principle community of the infamous ZkSync protocol has stopped working and has not produced blocks for greater than 3 hours.
The builders confirmed the technical failure on Dec. 25 and said that they had been working to revive performance. The challenge workforce promised that they might notify the neighborhood as soon as extra info turned out there about the issue. The explanations for the community failure are nonetheless unknown.
zkSync Period is at the moment encountering community points.
Groups are actively addressing the state of affairs and are dedicated to resolving it as swiftly as doable.
We are going to share a autopsy report as soon as the difficulty has been totally addressed and analyzed.
For updates:…
— zkSync Builders (∎, ∆) (@zkSyncDevs) December 25, 2023
Supply: Uptime
Notably, final month ChainLight, a blockchain safety audit firm, found a vulnerability within the zkSync Period protocol that would lead to a possible lack of $1.9 billion if exploited.
Regardless of this, zkSync Period had many layers of safety. This may make it troublesome for anybody to truly use the exploit until they had been a part of Matter Labs, the infrastructure workforce behind zkSync Period.
You may additionally like: zkSync Period’s Kannagi Finance rug pulls and steal $2.13m
Final week, the builders of the Zilliqa blockchain platform reported a vital state of affairs within the blockchain, which led to a cease within the manufacturing of blocks. They assured that customers’ belongings are protected, however requested to quickly cancel deposits and withdrawals.
Later that day, the challenge workforce reported that they’d recognized an issue that may take a number of hours to resolve. Because of this, they managed to revive the performance of the community, which had not processed blocks for greater than half a day.
Learn extra: Fulcrom Finance expands to zkSync Period, unveils $100K reward pool
