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Polygon, formerly known as Matic Network, has emerged as a leading layer 2 scaling solution for Ethereum. Its primary objective is to address Ethereum's scalability issues by providing a framework for building and deploying decentralized applications (dApps) with lower transaction costs and faster throughput.
Polygon (MATIC) trades between the moving average lines.
MDUS, a global medical project based on blockchain technology, announced on March 28 that it has successfully completed the transition from the Klaytn-based platform to the Polygon Mainnet as part of its efforts to build a global ecosystem. MDUS is a blockchain-based medical project that focuses on sharing patients' medical service experiences.
A higher stablecoin market cap meant higher liquidity and efficiency.
At the heart of Polygon's market dynamics lie its investors, whose sentiments often dictate the coin's price movements. Recent market upheavals have engendered a sense of caution among investors, reflected in the decline in network participation.
Polygon zkEVM resumes normal operations after weekend crisis.
The Polygon (MATIC) price managed to bring itself back above the $1 mark this week after nearly closing a daily candlestick below it.
The price of Polygon (MATIC) is falling after reaching resistance at $1.28. According to analysis by Coinidol.com buyers were unable to sustain the positive momentum above the $1.30 high.
As a leading provider of AI-driven Web3 infrastructure, ChainGPT's collaboration with Polygon Labs marks a notable step forward. By utilizing ChainGPT's AI NFT Generator on the reliable Polygon blockchain, the partnership aims to streamline NFT development and minting processes, ultimately revolutionizing the NFT market.
TL;DR Polygon zkEVM Mainnet Beta resumes after a period of inactivity. The zkEVM team applied a necessary fix after activating the emergency state. The incident only affected the MATIC zkEVM Mainnet Beta and had no impact on other Polygon features.
Soon after the outage, the Emergency Council for Polygon zkEVM Mainnet Beta swiftly intervened thereby issuing a fix in no time.
Operations have resumed on the Polygon zkEVM Mainnet Beta after a short period of downtime.
This technical problem paused operations, leading to quick fixes by the development team. The Polygon team will detail the issue's cause, resolution steps, and preventive measures in a post-mortem report.
Polygon Labs promised a detailed post-mortem of the entire episode early next week.
Polygon zkEVM Mainnet Beta suffered downtime over the weekend as the network encountered a sequencer glitch. The outage, which only affected Polygon zkEVM and not Polygon CDK or PoS, arose from a sequencing issue due to a layer1 reorganization.
Over the last weekend, Polygon's zkEVM, which is currently in beta, went down for nearly 10 hours. The Polygon zkEVM Mainnet Beta encountered a sequencer problem due to an L1 reorg.
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.
