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Cryptocurrency News Articles

Polygon zkEVM Suffers Extended Outage, Spark Stability Concerns

Apr 02, 2024 at 01:10 pm

Polygon zkEVM, an Ethereum Layer 2 network launched a year ago, experienced a 10-hour outage due to a sequencer issue caused by an L1 reorganization. The outage did not impact Polygon's main blockchain or networks using its Chain Development Kit. The zkEVM team is working to resolve the issue and provide a post-mortem report.

Polygon zkEVM Suffers Extended Outage, Spark Stability Concerns

Polygon zkEVM Network Suffers Extended Outage, Raising Concerns Over Stability

March 24, 2023 - The Polygon zkEVM Layer 2 network has suffered a significant network outage that has brought into question its reliability. The outage, which lasted for over ten hours on March 23, saw the network's blockchain halted and prevented users from accessing their funds or executing transactions.

According to Polygon zkEVM's block explorer, the outage occurred between consecutive blocks that were supposed to be sequenced and added to the chain. The team behind Polygon zkEVM has since acknowledged the issue in an official statement, attributing it to a problem with the network's sequencer due to an L1 reorganization.

Launched on March 27, 2023, with much fanfare, Polygon zkEVM is a zero-knowledge scaling solution compatible with the Ethereum Virtual Machine (EVM). Despite its promising start, the network has struggled to gain traction and has recorded significantly fewer transactions than its competitors, as per data from The Block's dashboard.

The outage has raised concerns about the network's stability and its ability to handle high volumes of transactions. Polygon zkEVM is a relatively new and complex technology, and incidents like this can erode user confidence and hinder its adoption.

While the outage did not impact Polygon's main blockchain or chains built using Polygon's Chain Development Kit (CDK), it has cast a shadow over the network's reliability. Users and stakeholders alike will be closely monitoring the situation as the team investigates the issue and works towards a resolution.

The company has stated that it "looks forward to the release of the second generation zkEVM in the coming weeks," suggesting that it is aware of the need for improvements and is committed to enhancing the network's stability and performance.

For the time being, users of Polygon zkEVM are advised to exercise caution and consider alternative Layer 2 solutions until the network's issues are fully resolved.

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