Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Polygon zkEVM Mainnet Beta Back Online After Emergency Fix

Polygon zkEVM Mainnet Beta Back Online After Emergency Fix

CryptopotatoCryptopotato2024/03/25 13:19
By:Chayanika DekaMore posts by this author

Operations have resumed on the Polygon zkEVM Mainnet Beta after a short period of downtime.

Polygon’s beta version of the zero-knowledge Ethereum Virtual Machine (zkEVM) became the latest network to hit a snag, but the team was swift in controlling the damage and applied the necessary fixes.

Over the weekend, Polygon reported that its zkEVM encountered downtime because of an issue with its blockchain sequencer.

In its latest update , the scaling solution revealed the network resumed operations on March 25th.

The Emergency Council for Polygon’s zkEVM Mainnet Beta implemented an emergency status to enable the Polygon zkEVM Core Team to fix a crucial issue, thereby allowing the resumption of L1 settlement on the Polygon zkEVM Mainnet Beta.

After completing this update, Polygon further stated that the emergency status was lifted, meaning that any future system changes will be subject to a 10-day timelock before being implemented.

It’s important to note that the issue only affected Polygon zkEVM Mainnet Beta and did not impact Polygon PoS, Polygon CDK, or any chains deployed using Polygon CDK.

In fact, Polygon said that the sequencer issue was due to an L1 reorg in an earlier update.

“This only impacts Polygon zkEVM Mainnet Beta and does not impact Polygon PoS, Polygon CDK, or any chain deployed using Polygon CDK. We thank both the Emergency Council members and the teams of engineers for their diligent work this weekend on resolving this issue.”

Polygon launched its zkEVM in March 2023. It surged to an all-time high of $187 million in total value locked (TVL) earlier this month but underwent a minor decline to $155 million as of March 24th, as per data compiled by L2Beat.

Total distinct addresses on Polygon zkEVM were recorded at 658k and have been relatively flat throughout the month.

You Might Also Like:

  • Polygon Labs Cuts 19% Of Staff To Reduce Bureaucracy
  • This Network Had as Many Users as Ethereum in 2023: Flipside Data
  • Mark Cuban's Take on Crypto: Here Are the Two Other Projects He's Interested In
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — BARD/USDT!

Bitget Announcement2025/09/19 07:28

BTC/ETH VIP Earn Ultimate Carnival is officially here!

Bitget Announcement2025/09/18 07:12

New spot margin trading pair — FLOCK/USDT!

Bitget Announcement2025/09/18 06:55

0GUSDT now launched for pre-market futures trading

Bitget Announcement2025/09/18 05:39