Zilliqa is currently working diligently to rectify the situation. So, they strongly recommend all their partners temporarily refrain from initiating any deposits or withdrawals.
This precautionary measure aims to ensure the safety and integrity of your transactions during this period of technical adjustment.
Zilliqa Blockchain Faces Technical Hurdle: Temporary Pause on Transactions Advised
Zilliqa wants to assure its users that funds remain Secure and Safe (SAFU). In the unlikely event that you are unable to view funds in your wallet, they provide an alternative method to verify your holdings.
Dear community, We are writing to inform you of a critical situation currently impacting the Zilliqa blockchain network.
The network is presently experiencing a technical issue that has resulted in an interruption to block production. This unexpected challenge is our top…
— Zilliqa (@zilliqa) December 18, 2023
You just need to visit viewblock, then input your Zilliqa address in the search box, and hit enter. This on-chain verification will provide real-time visibility into your account balance. So, regular updates on the resolution progress will be communicated through official channels to keep the community informed.
More About Zilliqa
Zilliqa is developing the following developments:
- Partnership with Google Cloud: This will let Zilliqa develop better data availability.
- Developing the first Web3 game with Web3WarGame.
- Staking opportunities.
🌟 Avely Highlights:
🔹 Small Holders: Auto-restaking with stZIL, easy withdrawals & DEX sales.
🔹 Big Holders: Max APY, DeFi opportunities, active ZIL staking.✨ Avely is the best staking choice for every Zilliqa user. Join us and be a part of Zilliqa's bright future. pic.twitter.com/dlyA4DSBLa
— Avely Finance (@AvelyFinance) December 17, 2023
Finally, it’s important to say that ZIL, Zilliqa’s native token, grew 17% in the last year.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
