Deep Dive
1. Onyx Upgrade (Post-Launch)
Overview:
The Onyx upgrade introduces X-shards – customizable, application-specific shards that enable modular scaling. These shards can host cross-chain smart contracts and share state data, aiming to boost throughput without congesting the main chain (Zilliqa).
What this means:
- Bullish: Enhances ZIL’s utility for institutional use cases (e.g., tokenized assets) by allowing tailored compliance and privacy per shard.
- Risk: Delays in cross-chain interoperability testing could slow adoption.
2. Carnelian Upgrade (Future)
Overview:
Carnelian launches Native Smart Accounts, mimicking ERC-4337 standards to enable gasless transactions, social logins, and role-based access. This targets enterprise adoption by simplifying user onboarding (Zilliqa).
What this means:
- Bullish: Could attract regulated DeFi projects needing compliant UX.
- Neutral: Success hinges on developer adoption of Zilliqa’s EVM-compatible tools.
3. Citrine Upgrade (Future)
Overview:
Citrine adds Light Client Support, allowing mobile devices and IoT nodes to participate in consensus. This aims to broaden network accessibility while maintaining security (Zilliqa).
What this means:
- Bullish: Expands ZIL’s use cases in IoT and emerging markets with limited hardware.
- Risk: Competing L1s (e.g., Solana) already offer similar features.
Conclusion
Zilliqa’s roadmap prioritizes institutional readiness through modular scaling (X-shards), compliant smart accounts, and lightweight infrastructure. While technical milestones align with regulated DeFi trends, execution risks and competition loom. Will ZIL’s EVM compatibility and compliance focus offset its 52% price decline over 90 days?