JUST IN: Popular Altcoin Network Stops Again – Users Cannot See Their Funds – Are Funds Safe? Developers Released a Statement

Zilliqa (ZIL), which had a serious problem in block production yesterday afternoon, stopped again minutes ago after it was announced that the problem was solved today.

Currently, Zilliqa mainnet is still unable to produce blocks.

In their announcement, the developers said that they had information that block production had stopped. In addition, they explained that it was not fully understood what the problem was that was solved yesterday, but after today’s outage, they started to understand exactly what caused the problem.

Developers said they are currently trying to get to the root of the problem and get the network ready to operate at full capacity again.

In addition, addressing the issue that many users cannot see ZIL tokens in their wallets, the developers stated that the funds are safe. They shared that users who cannot see their funds in the wallet application can use the Zilliqa block explorer, write their addresses and check their assets.

The price of the altcoin, which is also listed on Binance and Upbit, does not seem to be affected much by the outage. According to data, ZIL increased by 0.71% in the last 24 hours. At the time of writing this article, the market value of the altcoin is around 416 million dollars.

*This is not investment advice.

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