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COINTURK NEWS > Altcoin News > zkSync Era Experiences Two-Hour Block Production Outage
Altcoin News

zkSync Era Experiences Two-Hour Block Production Outage

In Brief

  • zkSync Era's blockchain explorer shows a halt in block production.

  • Developers confirm network disruption, actively working on a solution.

  • zkSync Era aims to overcome Ethereum's limitations with better scalability.

COINTURK NEWS
COINTURK NEWS 1 year ago
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zkSync Era’s Blockchain browser indicates that block production on the zkSync Era mainnet stopped for several minutes. The zkSync development team confirmed the network outage and stated that they are actively working on a solution.

Contents
Block Production Halted for 2 Hours on zkSync EraWhy Would Block Production Stop on a Blockchain Network?

Block Production Halted for 2 Hours on zkSync Era

Data shows that block production on the zkSync Era mainnet stopped for a relatively long period of two hours. The zkSync development team made a statement regarding the network disruption and mentioned that they are actively working on a solution to ensure the network operates smoothly.

zkSync Era, an improved version of the zkSync protocol, aims to offer more scalability and user-friendly features. zkSync Era seeks to surpass the limitations of the Ethereum network by providing larger transaction capacity and faster confirmation times.

As is known, zkSync Era has been closely monitored for a long time due to the high anticipation of a significant AirDrop, and this expectation motivates market participants to engage in various transactions on the network in hopes of qualifying for the AirDrop.

Why Would Block Production Stop on a Blockchain Network?

Block production stopping on a Blockchain network usually indicates an issue with consensus algorithms or a fault in the network. The network is typically a distributed ledger shared by many nodes. A specific consensus mechanism is used to achieve agreement among the nodes in the network.

Many networks, like Bitcoin, use a consensus algorithm such as Proof of Work (PoW). In PoW, miners add new blocks to the Blockchain by solving mathematical problems, ensuring the network’s security and reliability. However, block production can stop due to an issue in this system or a network fault.

Other Blockchain networks, like Ethereum, use different consensus algorithms such as Proof of Stake (PoS). In PoS, randomly selected nodes demonstrate their reliability by using their assets (stake) to add new blocks. Similarly, block production can stop in these networks if an issue arises.

A halt in block production usually means the network is not functioning properly and the issue needs to be resolved. Such situations may require network participants and developers to collaborate and work on resolving the problem.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 25 December, 2023 - 12:07 pm 25 December, 2023 - 12:07 pm
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