Zilliqa Blockchain Faces Technical Hurdle: Temporary Pause on Transactions Advised
Zilliqa is currently dealing with a critical situation that is affecting the blockchain network. Due to a technical issue, there has been a disruption in block production. As a precautionary measure, Zilliqa recommends all partners to temporarily refrain from making any deposits or withdrawals. This step is taken to ensure the safety and integrity of your transactions during this period of technical adjustment.
If you are unable to view funds in your wallet, Zilliqa provides an alternative method to verify your holdings. You can visit the Viewblock website and enter your Zilliqa address in the search box for real-time visibility into your account balance. Regular updates on the resolution progress will be communicated through official channels to keep the community informed.
More About Zilliqa
Zilliqa is actively working on several developments, including a partnership with Google Cloud to enhance data availability. They are also developing the first Web3 game called Web3WarGame and offering staking opportunities.
Furthermore, ZIL, which is Zilliqa’s native token, has experienced a 17% growth in the past year.
Hot Take: Zilliqa Ensures Safety Amidst Technical Challenge
Despite facing a technical hurdle, Zilliqa prioritizes the security of its users’ funds by implementing temporary transaction pauses. This proactive approach demonstrates their commitment to maintaining the integrity of transactions on their blockchain network. By recommending partners to refrain from deposits and withdrawals, Zilliqa aims to protect users from potential risks during this period of technical adjustment. Furthermore, Zilliqa provides an alternative method for verifying holdings, ensuring transparency and real-time visibility into account balances. With ongoing developments and partnerships, Zilliqa continues to position itself as an innovative and secure blockchain platform.
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