Blockchain_Blockchain Technology - yuyjo.com
No Result
View All Result
  • Home
  • Latest
  • Market
  • Cryptocurrency
  • NFT
  • Crypto Exchange
  • Digital currency
  • Metaverse
Blockchain_Blockchain Technology - yuyjo.com
  • Home
  • Latest
  • Market
  • Cryptocurrency
  • NFT
  • Crypto Exchange
  • Digital currency
  • Metaverse
No Result
View All Result
Blockchain_Blockchain Technology - yuyjo.com
No Result
View All Result
Advertisements

Zilliqa Faces Third Major Outage in Four Months Amid Ongoing Technical Struggles

Madonna by Madonna
01/18/2025
blank

Zilliqa, the blockchain network designed to enhance scalability and efficiency through sharding technology, has faced yet another significant disruption. On January 16, the network resumed operations after a synchronization issue in its look-up nodes caused a temporary halt in transactions. These nodes, essential for transaction validation and network support, became unsynchronized, preventing transactions from being processed.

Advertisements

During the outage, Zilliqa reassured users that their funds remained secure and advised them to verify balances via the on-chain explorer, ViewBlock.io. The team apologized for the inconvenience and reiterated their commitment to resolving the issue swiftly.

Advertisements

This incident marks the third major outage for Zilliqa in just four months, raising concerns about its long-term reliability. In late September 2024, a more severe disruption halted block production completely, leaving users unable to transact or access their funds. Although the developers introduced what they described as a “permanent fix,” this followed another issue just days earlier, where block creation was slowed but not entirely stopped. Both incidents occurred shortly after the Zilliqa 2.0 upgrade, which aimed to enhance network performance and cross-chain compatibility, fueling doubts about the stability of the network’s infrastructure.

Advertisements

The recurring outages have sparked frustration among users. One community member warned that if such disruptions continue “before wide adoption,” potential clients could lose confidence in Zilliqa’s reliability. Another expressed concern that these repeated issues were dampening excitement about the platform.

Advertisements

Zilliqa has faced similar challenges in the past, including a block production slowdown in May 2024 and a December 2023 incident that briefly halted transactions.

While the development team has consistently assured users that their funds remain secure and that functionality will be restored promptly, these frequent technical difficulties highlight significant challenges in maintaining the stability of the network. As of January 16, ZIL’s price is approximately $0.0225, with a market capitalization of $435 million.

Related topics:

XRP Investors Cash Out $1.6 Billion Amid Stagnant Market Conditions

Compound Expands with Ethena and Mantle Tokens

Thai Authorities Seize 996 Bitcoin Miners in Major Power Theft Operation

Tags: Bitcoin
Previous Post

How to Set Up P2P on Binance

Next Post

SEC Appeals XRP Ruling in Ongoing Ripple Lawsuit, Claims All XRP Sales Are Securities

Madonna

Madonna

Madonna, the esteemed author of our blockchain website, is a recognized authority in the field. With a wealth of experience and expertise, she brings a profound understanding of blockchain technology. Her professional insights and commitment to excellence make her a trusted source for navigating the complexities of the blockchain industry.

Related Posts

Crypto VC deals hit 2025 low despite $909M raised in May
Cryptocurrency

Crypto VC deals hit 2025 low despite $909M raised in May

06/06/2025
Crocodilus malware goes global with new crypto, banking heist features
Cryptocurrency

Crocodilus malware goes global with new crypto, banking heist features

06/06/2025
Tether moves $3.9B in Bitcoin to Twenty One Capital
Cryptocurrency

Tether moves $3.9B in Bitcoin to Twenty One Capital

06/06/2025
AEON Integrates TRON Network to Enable Seamless In-Store Payments
Cryptocurrency

AEON Integrates TRON Network to Enable Seamless In-Store Payments

06/06/2025
JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in
Cryptocurrency

JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in

06/06/2025
WazirX relocates to Panama after Singapore court blocks restructuring efforts
Cryptocurrency

WazirX relocates to Panama after Singapore court blocks restructuring efforts

06/06/2025
Next Post
Digital bank Revolut delays plans to launch native cryptocurrency RevCoin due to FTX incident

SEC Appeals XRP Ruling in Ongoing Ripple Lawsuit, Claims All XRP Sales Are Securities

How to Make Money Trading Crypto on Binance

JPMorgan Chase: Believe that deposit tokens will become a widely used form of currency in the digital asset ecosystem along with CBDC

VanEck Seeks SEC Approval for Digital Asset-Focused Onchain Economy ETF

Recent Posts

Crypto VC deals hit 2025 low despite $909M raised in May

Crypto VC deals hit 2025 low despite $909M raised in May

06/06/2025
Crocodilus malware goes global with new crypto, banking heist features

Crocodilus malware goes global with new crypto, banking heist features

06/06/2025
Tether moves $3.9B in Bitcoin to Twenty One Capital

Tether moves $3.9B in Bitcoin to Twenty One Capital

06/06/2025
AEON Integrates TRON Network to Enable Seamless In-Store Payments

AEON Integrates TRON Network to Enable Seamless In-Store Payments

06/06/2025
JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in

JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in

06/06/2025
WazirX relocates to Panama after Singapore court blocks restructuring efforts

WazirX relocates to Panama after Singapore court blocks restructuring efforts

06/06/2025
Blockchain_Blockchain Technology - yuyjo.com

Yuyjo is a blockchain portal. Its main columns include Cryptocurrency, NFT, Crypto exchange, Digital currency, Metaverse and other columns. 【Contact us: [email protected]】

Recent News

  • Crypto VC deals hit 2025 low despite $909M raised in May 06/06/2025
  • Crocodilus malware goes global with new crypto, banking heist features 06/06/2025
  • Tether moves $3.9B in Bitcoin to Twenty One Capital 06/06/2025

TAGS

APENFT Binance Binance Futures Bitcoin CBDC Coinbase Coinbase Account Coinbase Wallet Digital Coin Digital Dollar Digital Rupee Digital Yuan Ethereum Facebook Metaverse Gemini Kraken NFT Coin NFT Collection OKCoin
No Result
View All Result
  • Home
  • Latest
  • Market
  • Crypto Exchange