zkSync Solves Another ETH Crisis, TVL Continues to Climb

•The article discusses a situation in which 921 ETH was stuck in a smart contract due to user error on the zkSync protocol.
•zkSync made an update to explain the cause of the freeze and assure investors that their funds were safe.
•zkSync experienced another problem with full block production but its Total Value Locked (TVL) continued to increase.

ETH Stuck in Smart Contract

The Gemholic ecosystem ran into a problem when 921 ETH, a proceed of its recent presale, became stuck in a smart contract due to user error on the zkSync protocol. To help retrieve the ETH, zkSync made an update public and assured investors that their funds were safe.

Cause of Freeze Explained

zkSync pointed out that the presale took place in the zkSync Era. It explained that equating this section to the Ethereum Virtual Machine (EVM) would lead to such issues, as it has a complex nature while the Era section does not. The project also noted that Gemholic’s action led to an increase in gas fees, which is not how it should be.

zkSync Experiences Another Problem

A few days before this incident, there was another challenge with full block production for zkSync. However, during both times its Total Value Locked (TVL) continued to increase – showing investors‘ confidence amid expectations of success from this project.

Solution Developed & Funds Recovered in Full

Despite these problems, zkSync developed a solution that reduced its initial gas billed and recovered all of Gemholic’s funds successfully. This highlights how well-equipped this layer two scaling solution for Ethereum is and how it can quickly address user issues when needed.


In conclusion, despite experiencing some challenges along the way, zkSync continues to prove itself as one of Ethereum’s most reliable layer two scaling solutions through speedy resolution processes and increased TVL levels – making it one of the top choices for users looking for trustworthiness and efficiency on their transactions without compromising security or cost-effectiveness.