The persistent issues with bugs and downtimes that Zilliqa experiences could potentially hinder its growth as a leading high-throughput blockchain platform.
On January 16th, the Zilliqa (ZIL) blockchain network, which enhances scalability and efficiency within blockchain networks using sharding technology, resumed functioning following a halt due to synchronization problems with its lookup nodes. These essential nodes, responsible for transaction verification and network support, fell out of step, thereby blocking transactions from reaching the blockchain.
— Zilliqa (@zilliqa) January 15, 2025
While the outage was ongoing, Zilliqa reassured users that their funds were safe and suggested they check their balances using the on-chain explorer, ViewBlock.io. The team expressed their regrets for any trouble caused and underscored their commitment to addressing the problem promptly.
Over the past few weeks, Zilliqa has been encountering a string of technical issues. In late September 2024, the system encountered a significant setback as a glitch caused a complete stop in block production. As a result, users were unable to execute transactions or access their assets.
Despite the developers claiming a long-term solution, another problem arose only two days later, causing a slowdown in block creation without completely stopping it. These issues surfaced shortly post the Zilliqa 2.0 upgrade that aimed to boost network performance and cross-chain compatibility, raising questions about the robustness of the network’s infrastructure due to these incidents.
As a crypto investor, I’ve witnessed countless instances of downtime, which has undeniably frustrated many within our community. One user even issued a cautionary note, stating that if outages persist “before mass adoption,” potential investors might question the dependability of Zilliqa.
If such problems arise prior to widespread use, it might leave potential users uncertain about our service’s dependability. These interruptions and disruptions suggest questions about our system’s resilience. To prevent these issues from becoming routine as traffic and usage increase, what measures can we implement to ensure a more stable and reliable service?
— EGerardCrypto (@EGerardCrypto) January 15, 2025
Simultaneously, another user expressed concern that these persistent issues were dampening the enthusiasm of “regular users.
Why is Zilliqa going through these types of problems??? Normies are losing excitement
— Moharnab Hazarika (@TheReyofMyriad) January 15, 2025
Previously, issues similar to the ones currently encountered by Zilliqa have occurred. For instance, there was a delay in block production back in May 2024, and a temporary halt of transactions happened in December 2023.
Despite repeated assurances from developers about the network’s security and swift restoration of functionality, persistent issues suggest hidden difficulties in ensuring stability. As I write this on January 16th, the value of ZIL stands approximately at $0.0225, with a market capitalization of around $435 million.
Read More
- We’re Terrible At Organizing Things.’ Tom Holland Reveals The Sweet Holiday Scheme He And Zendaya Are Going To Try Next Year
- NewsNation Taps Leland Vittert to Replace Dan Abrams
- Cookie Run Kingdom: Shadow Milk Cookie Toppings and Beascuits guide
- New Era and BEAMS Reunite for Spring/Summer 2025 Collection
- CBS Shocks Fans with a Bold New Soap Opera After 26 Years!
- Girls Frontline 2 Exilium tier list
- WATCH: Varun Dhawan’s moustache look catches attention during latest outing, is it for Border 2?
- Deva: Shahid Kapoor and Pooja Hegde’s lip-lock scene gets trimmed by CBFC? Film’s runtime and rating revealed
- Yarrow Slaps’ Distorted Celebrity Portraits Take Center Stage in New Video Game-Inspired Show
- BlackRock’s Ethereum ETF $ETHA Listed on DTCC, Awaits Trading
2025-01-16 17:41