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Read more: Best Polygon Games To Watch Out
The Polygon zkEVM Mainnet Beta Emergency Council was activated to facilitate necessary fixes to the system and restore L1 settlement operations.
This emergency state allows the Polygon zkEVM core team to address issues promptly. Once the upgrade is completed, future system updates will require a 10-day time lock for implementation. Detailed follow-up reports will be posted on the Polygon Foundation forum.
It’s important to note that this incident solely impacts the Polygon zkEVM mainnet test version, with no repercussions on Polygon PoS, Polygon CDK, or any chains deployed using Polygon CDK.
Polygon’s zkEVM initiative, launched in March 2023, aims to optimize smart contract deployment by increasing finality and reducing costs. Utilizing the Zk-Rollups mechanism, Polygon zkEVM conducts off-chain calculations, enhancing processing speed and reducing transaction costs, all while upholding Ethereum’s security standards.
Despite its advancements, the journey has encountered obstacles, such as a flaw identified by blockchain security firm Verichains last September.
Anticipation mounts for the release of the second-generation zkEVM, promising further enhancements to performance. As of now, Polygon has not provided additional updates on the status of the zkEVM Mainnet Beta.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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