Fri, July 12

Blockchain Sequencer Issue Causes Downtime for Polygon zkEVM

Blockchain Sequencer Issue Causes Downtime for Polygon zkEVM Blockchain News
  • The blockchain network has pledged to publish a thorough statement post rectification.
  • The zkEVM was added to Polygon’s mainnet beta in March 2023.

A problem with the blockchain sequencer is causing downtime for the scaling solution for Ethereum layer-2 Polygon’s zero-knowledge Ethereum Virtual Machine (zkEVM), the team revealed recently. Polygon told its two million followers on twitter that the problem is exclusive to the zkEVM and would not affect any other chains that have been launched using the Polygon chain development kit (CDK).

The Polygon zkEVM smart contract on Ethereum’s main network receives transactions in batches that are organized and combined by the blockchain sequencer, which is where the issue originates, as Polygon said.

Rectification Underway

Moreover, the blockchain network has pledged to publish a thorough “post-mortem” statement after the problem has been completely rectified and has stressed that it is working on a full resolution. A number of twitter users have been wondering why the crypto community has been so quiet about the unexpectedly protracted network outage.

Also, this is happening only one month after a major outage on the Solana network. The Solana network had a five-hour outage on February 6th, before validators were able to resume it. Solana has seen around six major outages since January 2022.

The zkEVM was added to Polygon’s mainnet beta in March 2023 so that developers may deploy smart contracts with more finality and less expense. Reportedly, it simulates the mainnet of Ethereum’s transaction execution environment. According to Polygon, decentralized apps can expand with the help of transaction batching and get better performance thanks to the open-source zkEVM.

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A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.