Zilliqa Network successfully upgraded its blockchain to version 9.3.0, but not without facing a few challenges. The network acknowledged that initial difficulties were expected and assured the community that they are actively working to address and resolve these issues.
One of the problems encountered after the upgrade was related to API performance, which Zilliqa claims to have already tackled earlier in the week. However, the ZilBridge service, maintained by Switcheo, experienced downtime due to a software bug that emerged during the upgrade, specifically affecting the PolyNetwork/Zilliqa interface. While Zilliqa does not have control over this issue, they are providing support to Switcheo and directing users to contact them for updates on the resolution timeline.
Some exchanges also reported integration delays post-upgrade, although most of these problems have been resolved. Zilliqa is currently awaiting feedback from a few exchanges and offering customized assistance to expedite their return to full operation.
Mining pools faced challenges, particularly with batch transactions. In response, Zilliqa implemented an API update to address these issues.
Zilliqa also acknowledged concerns about the rewards system and stated that the governance-approved system is functioning correctly. However, they plan to review the level of rewards in February and will publish a report on GitHub.
Node synchronization and startup issues were reported, particularly by some SSN (Secure Service Node) operators.
Despite these challenges, the successful upgrade is a positive development for Zilliqa. In December, the network experienced an interruption in block production due to a technical issue. This prompted Zilliqa to temporarily recommend that partners halt deposits and withdrawals. Currently, the network boasts over 62 million transactions, 4.7 million addresses, and 600 nodes, with a block height exceeding 3.4 million. The transaction per second (TPS) rate stands at 0.06.
As for the ZIL token, it has seen an increase of 2.7% in the past 24 hours but a decrease of 9.2% over the last week. Its current price is $0.02276505, with a total value locked of $4 million according to DefiLlama data.