News

zkSync Mainnet v24 Upgrade Delayed, Sepolia Testnet Restoration Imminent!

Key Points:

  • zkSync Developers delay v24 mainnet upgrade to ensure stability of Sepolia test network.
  • Issues with eth_sender service and proof submissions resolved, full restoration imminent.
  • Investigation ongoing for Sepolia test network issues, impacting mainnet v24 release.
zkSync developers have provided updates regarding the zkSync Era Sepolia testnet, aiming for full restoration in the next few hours.

The v24 mainnet upgrade, however, faces postponement until late next week to ensure thorough stability evaluation.

Issues plaguing the testnet have been identified and addressed by the zkSync team. The first issue stemmed from instability with the eth_sender service, which disrupted L1 commit block submissions for approximately 24 hours. This was attributed to differences in the gas market for blob pricing on Sepolia. The second issue involved delays in withdrawals due to a failure to submit proofs for over two days, caused by discrepancies between the in-circuit VM and the out-of-circuit VM.

Readmore: US Election Overview: Swing States, Coalitions, And 2024 Prospects

Sepolia Testnet Restoration and Ongoing Investigations

Recent updates indicate ongoing investigations into the zkSync Sepolia testnet, impacting withdrawals from the zkSync Era Sepolia testnet. These ongoing investigations could potentially influence the planned mainnet v24 release scheduled for next Monday. Progress updates on the investigation were provided around 3 a.m. yesterday, with assurances that updates would continue to be released until the following day.

While delays are inevitable, zkSync developers remain committed to addressing issues thoroughly before proceeding with the mainnet v24 upgrade. Users are advised to stay tuned for further updates, as the team aims to provide an exact release date once confidence in stability is assured. The development team aims to provide users with timely and transparent information regarding the status of the zkSync Sepolia test network and the mainnet v24 upgrade.

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.
Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

3,200 Holders Strong: Experts Believe Qubetics Could Be the Best Crypto to Buy Today After Missing ChainLink

If you’re regretting missing that wave, here’s some exciting news: Qubetics ($TICS), with its ongoing…

50 minutes ago

Ethereum Spot ETF Inflows Hit $91.2M After Six-Day Outflow

Ethereum Spot ETF Inflows reached $91.2M on Nov 22, marking the first net inflow in…

4 hours ago

Kraken Token Listing Roadmap Includes 19 New Coins

Kraken Token Listing Roadmap adds 19 tokens like BNB and DYDX, boosting its offerings. Trump’s…

5 hours ago

Qualified Stoner Cats NFT Investors Will Receive $1 Million In Compensation

Investors who held or sold Stoner Cats NFTs before September 2023 are eligible for compensation…

5 hours ago

SEC Commissioner Lizárraga Announces Departure From Agency

SEC Commissioner Lizárraga announces plans to leave in January after Gensler’s exit, focusing on family…

5 hours ago

FTX Liquidator Transfers RAY Worth Millions To Binance

FTX Liquidator Transfers RAY worth $3.79M to Binance Deposit after receiving 1.853M RAY from an…

5 hours ago

This website uses cookies.