ZetaChain back online after suffering a 6 hour outage
After a six-hour outage, ZetaChain, a Layer-1 network focused on interoperability, announced that the blockchain has resumed and is now generating new blocks. After the restoration of the network, the project reported that the same technical problems caused its testnet to be suspended.
ZetaChain experiences outage
The Layer-1 network announced at 11:53 p.m. UTC on Thursday that the network had stopped producing blocks because of an issue. Later, ZetaChain confirmed that a new update distributed to a limited number of validators was the cause of the consensus failure.
ZetaChain experiences technical glitches on Mainnet and Testnet
ZetaChain reported in a follow-up notification that the network suspension was causing a delay in cross-chain transactions. The network made sure that every transaction would eventually be processed.
However, ZetaChain disclosed at 6:25 a.m. that the same issue observed on its mainnet was preventing blocks from being produced on its testnet. According to the network, testnet validators are resyncing, and normal block production was anticipated to resume in the coming hours.
ZetaChain to review the incident and share post-mortem
ZetaChain wrote on its website that the network had resumed block production about six hours later and promised to share a post-mortem the next day after reviewing the incident and re-creating the root cause in a development environment.
According to data from CoinMarketCap, the ZETA token is currently trading at $0.6628, down 7.49% over the last day.
ZetaChain mainnet to unite Bitcoin, Ethereum, and other chains
Earlier this year, cross-chain data and smart contract execution Layer 1 ZetaChain launched its mainnet with the goal of building the "first universal blockchain," which would combine various networks such as Ethereum, Polygon, and Bitcoin.
In general, ZetaChain will interface with a wide variety of blockchains, including those in the Cosmos ecosystem and Bitcoin and Ethereum. It will essentially bring all of these chains together by providing the opportunity to build native applications that utilize the cryptocurrency stored on each of these chains.
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