Some headlines (in Spanish) have described the depletion of (confirmed) UTXOs in Rootstock as a “bank run.”
That’s false. Don’t fall for it.
Rootstock continues operating normally.
This is a temporary UTXO-management issue caused by the way the PowPeg processes peg-outs.
Small peg-ins will create additional UTXOs, enabling more peg-outs to be processed in parallel and restoring normal processing times.
New UTXOs are already being created. I estimate that everything will be back to normal within approximately 10 hours.
If anything, its proof the peg is operating as expected and I anticipate the unmatched security of Rootstock will drive more users to it.