Journalist
Posted:
- The number of transactions on zkSync Era surged to over 5 million.
- TVL and volume remained the same despite the surge in transactions.
The zkSync Era experienced a temporary halt in its block production, as reported recently. This incident marked the second disruption in operations for an L2 platform within 48 hours.
zkSync Era pause block production
As per explorer.zksync, zkSync Era temporarily ceased block production on 16 December. An analysis showed that block production was suspended for more than an hour during this period.
This interruption coincided with the total transaction count reaching around 194.5 million. However, block production has resumed as of this writing, and regular operational activities have been reinstated.
The total number of transactions was over 200 million as of this writing.
Reasons for the pause
An examination of zkSync Era’s transactions through Dune Analytics showed a notable trend. On the 16th of December, the transaction volume rose to one of its highest points — over 5.1 million successful transactions.
Before this surge, the average daily transaction count was around 1 million. The sudden rise overwhelmed the network, causing a temporary pause in block production.
This occurrence was similar to what happened on the Arbitrum [ARB] L2 network, which also experienced a sudden rise in transactions, leading to a network pause, as reported earlier by AMBCrypto.
The common factor behind these disruptions was identified as “Inscriptions.” Like Arbitrum, the network encountered a sudden rise in transactions due to Inscriptions.
According to a post by Hildobby, the zkSync Era experienced a sudden rise of over 400,000 inscriptions per hour. This aligned with a broader trend of transaction disruption caused by inscriptions.
Source: Dune Analytics
Despite the challenges, the zkSync Era demonstrated resilience by successfully managing the increased traffic. This was evident in the subsequent resumption of block production.
zkSync’s TVL and volume remains steady
L2 Beats data showed that despite the recent surge in transactions, there has been no change in the Total Value Locked (TVL) for the zkSync Era. The latest information showed a decrease of over 9% in the TVL over the last 24 hours.
As of this writing, the decrease brought the TVL to around $504 million. Despite this decline, zkSync Era retained its position as the fourth-largest Layer 2 (L2) platform, with a daily volume of around $41 million.
where buy cheap clomid tablets where buy cheap clomid clomid tablets for sale can i buy cheap clomid can you buy clomid without a prescription where can i get generic clomiphene order clomiphene without insurance
Greetings! Very serviceable recommendation within this article! It’s the scarcely changes which choice obtain the largest changes. Thanks a lot in the direction of sharing!
More posts like this would make the blogosphere more useful.
buy generic azithromycin 500mg – buy ofloxacin generic buy generic flagyl 200mg
rybelsus order online – semaglutide oral how to buy periactin
order domperidone without prescription – buy domperidone 10mg flexeril usa
buy augmentin pills – https://atbioinfo.com/ ampicillin order
nexium 20mg cost – https://anexamate.com/ buy generic esomeprazole
cost warfarin 2mg – https://coumamide.com/ order losartan 25mg
meloxicam 15mg tablet – https://moboxsin.com/ meloxicam pill
oral deltasone 5mg – https://apreplson.com/ buy prednisone 20mg online cheap
ed pills otc – https://fastedtotake.com/ new ed drugs
buy amoxicillin pills – https://combamoxi.com/ amoxil without prescription
buy generic fluconazole for sale – https://gpdifluca.com/ buy fluconazole generic
order cenforce – https://cenforcers.com/ order cenforce 50mg pills
shelf life of liquid tadalafil – https://strongtadafl.com/# compounded tadalafil troche life span
purchase ranitidine for sale – https://aranitidine.com/# ranitidine 300mg uk