L2 network funded with 22.5 million has been offline for 3 weeks. What went wrong with Zero Network?

The L2 network Zero Network, incubated by Zerion, has stopped producing blocks for over 3 weeks. This is not a minor issue. According to the latest news, this halt was disclosed by crypto KOL @y_cryptoanalyst on the X platform. As a Zerion-backed project that raised $22.5 million in funding, the prolonged suspension of Zero Network has raised concerns in the market regarding its technical stability and project progress.

Basic Information about Zero Network

Zero Network is an L2 network project incubated by Web3 wallet company Zerion. Zerion itself is a project that has raised a total of $22.5 million and is well-known in the wallet sector. Incubating Zero Network is an important step in expanding its ecosystem, aiming to provide more efficient transactions and lower fees.

What Does Stopping Block Production Mean

Core issues

• The halt of block production on the L2 network means the network cannot process transactions at all
• User funds may be in a state where withdrawals or interactions are impossible
• This is not a temporary performance dip but a network paralysis

Severity of the Duration

A suspension lasting over 3 weeks is extremely rare. Compared to other L2 networks, even in serious issues, problems are usually resolved within hours or days. A 3-week-long outage indicates:

• The complexity of the problem may be beyond expectations
• The technical team may be facing significant challenges
• The project team may lack a rapid response mechanism

Market Impact Assessment

User Trust

A suspension exceeding 3 weeks will inevitably damage user confidence. Users may question:

• Whether the project’s technical infrastructure is sufficiently mature
• Whether the team’s emergency response capabilities are adequate
• Whether the security of funds is guaranteed

Ecosystem Development

A long-term halt will directly impact:

• Deployment and operation of ecosystem applications
• Developers’ willingness to participate
• The ecosystem’s attractiveness and activity level

Follow-up Focus

The most critical aspect now is the official response from the Zerion team. Attention should be paid to:

• What is the specific reason for the suspension
• The repair plan and estimated recovery time
• Whether there are plans to compensate users
• Future technical improvement measures

Based on the project team’s response speed and problem-solving ability, we can judge whether Zero Network can regain market confidence.

Summary

The over 3-week suspension of Zero Network reflects significant issues with the project’s technical stability. Although Zerion has a funding background, this incident shows that funding does not equal technical strength. The key is how the project team responds, how quickly they can recover, and whether lessons are learned. For users and developers considering participating in this ecosystem, it is necessary to wait for official detailed explanations and solutions.