The crypto community has been speculating about the ongoing downtime, while Polygon assures its users that it is actively working to resolve the issue.
Ethereum layer-2 scaling solution Polygon has announced that its zero-knowledge Ethereum Virtual Machine (zkEVM) is currently experiencing downtime due to an issue with its blockchain sequencer.
In a post on X, Polygon reassured its two million followers that the issue is confined to the zkEVM specifically and does not impact any other chain deployed using the Polygon chain development kit (CDK).
“This only impacts Polygon zkEVM (which is the only rollup) and does not impact Polygon PoS, Polygon CDK, or any chain that has deployed using Polygon CDK.”
Polygon clarified that the problem comes from the blockchain sequencer, which is responsible for organizing and combining transactions into batches before relaying them to the Polygon zkEVM smart contract on Ethereum’s main network.
The blockchain platform emphasized that it is working on fully resolving the issue and promised to release a comprehensive “post-mortem” statement once the matter is resolved.
This comes only a month after the Solana network experienced a significant outage.
the Solana network halted for over five hours before validators restarted the network. Since January 2022, Solana has seen around half a dozen significant outages.
In March 2023, Polygon launched the zkEVM to its mainnet beta in an effort to allow developers to deploy smart contracts with increased finality and lower costs.
Polygon claimed that the open-source zkEVM allows decentralized applications to scale through transaction batching, unlocking higher performance.
