Zilliqa on-chain transactions plunge amid ‘technical issue’


Zilliqa on-chain transactions plunge amid ‘technical issue’


“We are still investigating & we should be able to share an update soon,” wrote a Zilliqa community moderator.

Update December 18, 2023 10:09PM UTC: The Zilliqa mainnet has been restored and is now fully operational. 

The $383-million Zilliqa ecosystem is experiencing disruptions due to a “critical situation” impacting the network.

According to a Dec. 18 post by developers, the Zilliqa blockchain faces a “technical issue that has resulted in an interruption to block production.” Blockchain data shows that daily transactions on Zilliqa subsequently plunged by roughly 50% to 30,906, compared to an average of 61,000 in the past few days.

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