Zilliqa Restores Network Operations Following Third Outage in Four Weeks
Zilliqa has resumed operations after a synchronization issue with Look-up nodes caused a transaction halt. This marks the third outage in four weeks, raising investor concerns.
Network Recovery Details
- On January 15, Zilliqa announced a halt to transactions due to Look-up node synchronization failures.
- The team confirmed that the network recovery is complete and the mainnet is fully operational.
- Previous disruptions included critical bugs in September that temporarily halted block production.
Some users also reported issues accessing their funds via the ZilPay wallet. Developers plan a “permanent fix” following recent complaints about the Zil chain.
Zilliqa 2.0 Upgrade Scheduled for Q1 2025
- Zilliqa will transition to Zilliqa 2.0 in Q1 2025, enhancing interaction with EVM-compatible blockchains.
- This upgrade aims to improve multichain applications and facilitate scalable smart contracts for Web3 protocols.
- ZIL token is currently trading at $0.02204, up 3.8% in the last 24 hours.
The launch of the Aventurine Proto-mainnet encourages community engagement with upcoming features.