The Zilliqa blockchain community confronted again to again methods bugs final week which led to finish halting of block manufacturing. The event group has restored the blockchain for validators.
Key Notes
- The Zilliqa mainnet confronted important community bugs from September 27-29, leading to a brief halt in block manufacturing.
- Zilliqa acknowledged the considerations and confirmed that the persistent community points are unrelated to the upcoming Zilliqa 2.0 improve.
- The event group is actively engaged on a everlasting repair, though full operations haven’t but resumed.
Final week between September 27-29, the Zilliqa mainnet block manufacturing confronted important community bugs halting transactions quickly till they fastened the problem. On Sunday, Zilliqa proactively reported a system bug that disabled the community from creating new blocks.
Concurrently, a number of crypto traders additionally reported a system bug that disabled the community from creating new blocks. Moreover, a number of crypto traders reported difficulties whereas accessing their funds on the native browser pockets ZilPay.
A number of group members additionally voiced considerations concerning the Zil chain, including that it recovered from the same problem simply two days earlier than on September 27. In the course of the earlier occasion, the bug considerably slowed the block manufacturing whereas the present bug fully halted the block manufacturing. Responding to the considerations raised by the group members, Zilliqa famous:
“Community was operational and dealing nice till community stopped producing blocks and stalled as a result of one other bug final night time. The Zilliqa group is wanting into the problem, debugging and trying to revive the community. Please keep tuned for additional updates.”
Moreover, Zilliqa additional clarified that the persistent community points are unrelated to the Zilliqa 2.0 improve. This improve will deal with cross-chain compatibility together with velocity.
Zilliqa rectified the bug on September 27, which slowed down the block manufacturing. At the moment, it was confirmed that the community was absolutely operational. Nevertheless, it’s taking an excellent longer time to rectify to resolve the September 29 bug.
Notice that the Zilliqa blockchain mainnet hasn’t resumed regular operations fully. Nevertheless, the event group has restored the blockchain for validators and is engaged on a “everlasting repair” as per the Zilliqa group.
Cosmos’ Well timed Bug Repair Avoids $126 Million Assault
Cosmos builders lately addressed a “important” safety flaw in its Inter-Blockchain Communication (IBC) protocol that had positioned at the very least $126 million in danger. The vulnerability might have enabled a reentrancy assault, permitting hackers to mint limitless tokens throughout IBC-connected chains like Osmosis and different DeFi ecosystems inside Cosmos. Based on GitHub commits, the bug was fastened by Cosmos developer Carlos Rodríguez.
Amid the current developments at Zilliqa, the ZIL native cryptocurrency has dropped by 2.6% to $0.01545 with its market cap slipping beneath $300 million. Additionally, the each day buying and selling volumes have surged by 20%.
Earlier this month in September, blockchain expertise EMURGO introduced its strategic alliance with the Zilliqa Group. This partnership goals to boost interoperability between the Zilliqa and the Cardano blockchains thereby resulting in elevated innovation, effectivity, and development throughout the ecosystem.
The EMURGO-Zilliqa partnership is concentrated on bettering interoperability and liquidity, with efforts aimed toward strengthening the connectivity and performance of each the Cardano and Zilliqa ecosystems.
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Bhushan is a FinTech fanatic and holds an excellent aptitude in understanding monetary markets. His curiosity in economics and finance draw his consideration in direction of the brand new rising Blockchain Know-how and Cryptocurrency markets. He’s repeatedly in a studying course of and retains himself motivated by sharing his acquired information. In free time he reads thriller fictions novels and typically discover his culinary expertise.
