Polygon zkEVM Mainnet Beta Resumes Operations following Downtime
Polygon has announced the resumption of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet beta after it faced downtime following issues with its blockchain sequencer.
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Polygon has announced the resumption of its zero-knowledge Ethereum Virtual Machine (zkEVM) mainnet beta after it faced downtime following issues with its blockchain sequencer.
Polygon zkEVM, a Layer 2 network built on Ethereum, experienced a significant network outage that lasted over ten hours.
Polygon zkEVM Mainnet Beta version resumes operation after experiencing downtime, thanks to emergency repairs facilitated by the Emergency Council.
Taking to their official channels, Circle revealed the roadmap for this expansion, slated to commence on March 27th and extend through April 30th, 2024. During this period, USDC will be seamlessly integrated into the Polygon PoS Amoy testnet, offering developers enhanced accessibility and functionality.
In a recent announcement on X, Polygon (MATIC) stated that the problem with their zero-knowledge Ethereum Virtual Machine (zkEVM) beta was caused by an issue with the blockchain sequencer. Polygon zkEVM Mainnet Beta Encounters Issue Polygon's zkEVM mainnet beta faced an issue with its sequencer due to a Layer 1 (L1) reorganization.
Polygon disclosed that its zero-knowledge Ethereum Virtual Machine (zkEVM) beta faces downtime due to a sequencer issue.
Polygon zkEVM Mainnet Beta encounters a setback during testing phase due to a sequencer issue caused by layer one reorganization.
Polygon's zero-knowledge Ethereum Virtual Machine (zkEVM) encountered significant downtime lasting over 12 hours.
MATIC gained bullish momentum at a time when its zkEVM fell victim to a network issue.
Polygon, a leading Ethereum scaling protocol, grapples with operational challenges as its zero-knowledge Ethereum Virtual Machine (zkEVM) encounters downtime due to issues with the blockchain sequencer. This setback has sparked concern within the crypto community, prompting discussions about transparency and resilience in the face of technical disruptions.
The crypto community has been pondering on social media about the ongoing downtime, while Polygon assures its users that it is actively working to resolve the issue.
Ethereum Layer2 platform Polygon zkEVM encounters a network outage during its anniversary week. Several block explorers reveal that the network hasn't produced blocks for nearly 24 hours. The team explained that sequencing issues from L1 reorganization tampered with the zkEVM Mainnet Beta, causing the outage.
Polygon zkEVM mainnet Beta faced a 12-hour outage due to sequencing issues stemming from L1 restructuring.
Current data from in-house Explorer has it that Polygon zkEVM is experiencing an outage that has rendered it inactive for more than 12 hours on Saturday. Polygon zkEVM the New Protocol Battling Outage Polygon zkEVM, which is natively compatible with ERC-20-based applications, was launched almost a year ago on March 27, 2023.
The network, which launched a year ago this week, has thus far struggled to gain traction among developers.
Polygon Labs unveils a new product to simplify the DApp development process for EVM chains.
Pigcoin, a meme coin with its robust community based on the Polygon chain, is pleased to announce that its PIGCOIN will be listed on Gate.io on the 1st of April, one of the world's leading cryptocurrency exchanges. This marks the second exchanges to list Pigcoin, following its successful debut on MEXC this year.
The Polygon (MATIC) price is under scrutiny as Daily Active Addresses have declined over the last eight days, hitting a seven-day Moving Average low not observed since February 27. With 51% of MATIC holders now facing losses, there's a likelihood they might cling to their assets in anticipation of future price recoveries.
Polygon has emerged as a frontrunner, spearheading innovation and driving forward the vision of a decentralized future. At the core of Polygon's recent strides lies the Napoli hard fork, a monumental development that has sent shockwaves through the crypto community.
The price of Polygon (MATIC) has fallen below the moving average lines. Price analysis by Coinidol.com.
The initiative, aptly named the Inevitable Games Fund (IGF), represents a fusion of expertise and vision from key players in the blockchain and gaming sectors. Polygon (MATIC) Labs and Immutable will serve as the driving forces behind deal-sourcing and Web3 gaming expertise, while King River Capital will oversee the deployment of the fund, ensuring optimal growth and returns for investors.
In the dynamic realm of blockchain technology, the quest for tools that streamline the development process of decentralized applications (dApps) is relentless. As the industry grows, so does the necessity for platforms that not only simplify development workflows but also enhance scalability and user experience.
Zero-knowledge proofs startup Succinct Labs announced it has raised $55 million in a seed and Series A financing round led by Paradigm.
TL;DR The Napoli update on Polygon introduces support for RIP-7212, a Rollup Improvement Proposal that enhances interoperability with conventional technology. Napoli also includes improvements in block space efficiency and network security. This collaboration underscores the importance of Layer 2 solutions for Ethereum's mass adoption.