Blockchain
- The temporary recording delay was immediately resolved by the zkSync Era technical team.
- Increase in network activity propels zkSync Era to top spots in TVL and Layer 2 usage.
- zkSync Era emphasizes continuous improvement and learning from incidents.
In a recent development, the engineering team behind zkSync Era, the groundbreaking Ethereum scaling solution, has acknowledged a temporary withdrawal lag experienced by a small group of users on their network. The delay, which lasted up to six hours, has now been resolved. Then all pending withdrawals have been successfully processed or are currently being finalized.
Network Update: Earlier today, our tech team was alerted that a small subset of users transacting on the network were experiencing a withdrawal delay – up to 6 hours.
The system is now working as expected and all pending recordings have been completed or are continuing…
— zkSync ∎ (@zksync) June 6, 2023
To ensure system stability and reliability, zkSync Era has taken additional precautions. In addition, these precautions assign a special team to closely monitor withdrawals for the next 48 hours. This proactive measure is designed to address potential issues quickly and prevent similar incidents in the future.
Peak usage propels zkSync era
Transparency has always been an important principle for zkSync Era and they remain committed to open communication with their community. The team attributes the recent incident to the notable surge in network activity since Alpha Mainnet opened 75 days ago. This increase in usage has resulted in zkSync Era becoming the third highest Total Value Locked (TVL) and the second most deployed Layer 2 solution in an exceptionally short period of time.
The zkSync Era team recognizes the importance of such incidents during the Alpha phase and highlights the valuable insights gained from identifying and resolving issues. This continuous improvement improves the protocol and aligns with the overarching mission of promoting personal freedom.
While zkSync Era strives to push the boundaries of Ethereum’s scalability, it remains vigilant in maintaining the highest standards of performance and security. By diligently meeting challenges and leveraging lessons learned, zkSync Era aims to cement its position as a robust and reliable solution for the Ethereum ecosystem.
As the crypto space continues to evolve, zkSync Era is committed to transparency, resilience, and community collaboration. However, this sets a precedent for the industry, fostering confidence and driving further innovation as it pursues decentralized finance solutions.
