Zilliqa Blockchain Faces Issues with Block Production

• Zilliqa Blockchain encountered critical bugs on September 27 and 29, halting transactions and block production
• Users faced difficulties accessing funds on ZilPay, raising community concerns over network stability
• The Zilliqa team is actively debugging and working on a permanent fix, while the issues are unrelated to the recent Zilliqa 2.0 update

On September 27 and 29, some system bugs compromised the block production of Zilliqa's mainnet, forcing the blockchain network to temporarily halt transactions while waiting for the issue to be resolved.

Zilliqa Blockchain Issues

On September 29, Zilliqa proactively reported a system bug that suddenly prevented the network from creating new blocks. Several investors reported difficulties accessing their funds on ZilPay, the wallet for Zilliqa.

Community members expressed concern for the Zil chain, as just two days earlier, on September 27, it had experienced a similar incident. However, the previous bug had caused a drastic slowdown in block production, unlike the current one, which has completely halted block production.

In response to the concerns raised by users on X, Zilliqa stated:

"The network was operational and working well until it stopped producing blocks. The Zilliqa team is examining the issue, debugging, and trying to restore the network. Stay tuned for further updates."

Zilliqa clarified that the ongoing network issues are not related to the recent Zilliqa 2.0 update, which focuses on speed and on-chain compatibility. At the time of publication, the Zilliqa network has not yet resumed normal operations. However, the blockchain has been restored for validators, and work is ongoing for a "permanent fix," according to a post published on X by the Zilliqa team.

Conclusion

Recently, developers at Cosmos fixed a "critical" security bug in the Inter-Blockchain Communication (IBC) protocol that potentially put $126 million at risk.

The bug could have been exploited for a reentrancy attack, allowing hackers to mint infinite tokens on chains connected to IBC, such as Osmosis and other decentralized financial ecosystems on Cosmos.