The collapse of Polygon and new rumors No matter how young | Metaverse Astronaut

The collapse of Polygon and new rumors

No matter how young the idea of blockchain is, its implementation must be at the highest level if we consider it as a public and publicly available tool. When it comes to your finances, all you want is reliability and preservation of your assets. In this case, Polygon has let their users down a bit.

Many believed the Polygon blockchain was temporarily down due to an issue with the network explorer Polygonscan. It simply wasn’t the case.

Scaling Methods for Layer 2 PolygonScan data indicated that the blockchain has not processed a block in over an hour and a half, fueling speculation that the service was down for maintenance.

Concerns about a probable outage began to circulate on February 22. Some speculated that block production had ceased since Polyscan indicated that the last block and transaction on the blockchain had been executed at around 8:35 p.m. UTC on February 22.

At the moment, the team is taking all actions to restore the network, but as we already know, 20% of the staff (100 people) will be dismissed.

#Polygon #PolygonScan #Blockchain

Metaverse Astronaut