Dear all, We have completed the mainnet recovery and the netw | Zilliqa Announcement

Dear all,

We have completed the mainnet recovery and the network has started to process transactions without the previously observed slowdown. Blocks are coming faster than ever.

Some further investigation has revealed that the root cause for the slow production rate was due to a bottleneck in smart contract processing with regards to certain “large” contracts such as the staking contract. We continue to investigate the issue before pushing a fix via another mainnet upgrade.

A gentle reminder that we have paused the staking contract for a week so as not to affect the processing of other transactions. Once the staking contract is unpaused, any missed rewards for the paused period will be retroactively disbursed. All funds are SAFU and we apologize for the inconvenience.

Best,
The Zilliqa Team