The Zilliqa network, or ZIL, is one of those networks. Blockchain One of the first smart contracts to come back to life following less than 24 hours of downtime, and the founders explained why they liked it. Ethereum
Zilliqa Network Turns 5 Years And ZIL Founder Amrit Kumar Talks About His Inspiration
The ZIL network is back up and running on its 5th anniversary since its activation date on 31 July 2017.
Zilliqa Founder Amrit Kumar talks regarding what made the Ethereum network a success.
He said that Ethereum has always supported the long-term innovative vision. Instead of copying other people’s strategies for immediate success.
“Continued support has allowed Ethereum to survive many. Despite the problems, unlike other Layer-1s, it stopped building, stopped innovating immediately following launch and instead began mimicking short-term success strategies; and Bitcoin It shouldn’t be like the other Layer-1s.”
The Zilliqa network can resume in less than 24 hours.
fromdeclarationOn Zilliqa’s official website, the main network is available once more. and the team has come out to tell the cause of the problem
The team said One of the built-in functions of the Zilliqa Scilla programming language (ecdsa_recover_pk) contained in the OCaml secp256k1 library does not work correctly.
On the other hand, Zilliqa’s core network blog was not added to the blockchain, forcing the team to update the binaries running on ZIL and the recovery update was completed on July 30, 2022.
Currently, the Zilliqa Node Operator (ZIL) is updating its software to ensure blocks are added correctly. Therefore, some stake holders may experience delays in receiving their participation rewards.
Source : U.Today