The zkSync team has fixed a minor network bug that slowed on-chain withdrawals for up to four hours. The team says zkSync is now healthy and working properly as expected.
zkSync Era, an Ethereum layer two scaling solution and privacy engine that launched its alpha mainnet in March, has revealed that it has fixed a bug in its platform that negatively affected on-chain withdrawal processing times.
According to a network update released by the team during the early hours of May 2, its on-call team has been notified that the zkSync protocol does not provide evidence of some transactions. I identified the error immediately and solved the problem.
The team claims that the network is now healthy and working perfectly again. However, in the interest of transparency, it will release an autopsy of the accident with more detail.
it will be He remembers The zkSync Era protocol has been experiencing cluster creation issues recently, though the team was able to fix the bug.
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Despite being only in alpha, the zkSync Era protocol, designed to reduce congestion on Ethereum while improving transaction throughput, has seen no shortage of adopters.
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Just last week, iZUMi Finance, a liquidity-focused protocol as a service, revealed that it has raised $22 million to launch and deploy a new decentralized exchange (DEX) dubbed iZiSwap Pro on zkSync Era.
According to the data on the layer-2 tracking platform, L2Beat, 22 Layer 2 scaling protocols now exist, with a combined TVL (total value locked) of $9.10 billion. The zkSync Era was fourth on that list, with a TVL value of $253 million. In the past 30 days alone, the zkSync Era has facilitated 9.28 million transactions.