Ethereum

Future

Read

Zilliqa

<ul style="font-weight: 400;"> 
 <li style="font-weight: 400;">In a recent announcement, Zilliqa reveals that the highly anticipated upgrade v9.2.0 has been successfully deployed to the Zilliqa mainnet.&nbsp;</li> 
 <li style="font-weight: 400;">The new upgrade will usher in the launch of a new development network and ensure consistent development platform support.</li> 
</ul> 
The Zilliqa network is in the proceeds of a major network upgrade poised to improve the network’s performance while enhancing the overall experience for Zilliqa developers. 
On the 30th of June, <a href="https://www.crypto-news-flash.com/zilliqa-grwoth-on-upward-trajectory-tradecurve-dubbed-the-new-frontier-of-trading/" target="_blank" rel="noopener">Zilliqa</a> took to Twitter to announce that the network was gearing up for a mainnet upgrade to version 9.2.0, which brings enhanced performance and builds out EVM compatibility. 
The upgrade kicked off on the 5th of July. As disclosed by a pool operator, the transactions on the network were halted at block 2,994,670. The network upgrade takes off immediately, from block number 2,994,688 onwards. Mining on the Zilliqa mainnet was also disabled as the upgrade was being carried out. As the upgrade continued, withdrawal and deposit functionalities were also halted. 
In a follow-up tweet, Zilliqa revealed that the Upgrade v9.2.0 has been successfully deployed to the Zilliqa mainnet. Users can expect enhanced interoperability between EVM and Scilla, while network developers can expect a more improved network performance, along with new developer tools. 
Notably, Zilliqa mining on the regular port and payouts have also been restored completely. While <a href="https://www.crypto-news-flash.com/zilliqa-grwoth-on-upward-trajectory-tradecurve-dubbed-the-new-frontier-of-trading/" target="_blank" rel="noopener">ZIL</a> rewards are currently low, as a result of low difficulty, rewards difficulty is expected to recover tomorrow. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Upgrade v9.2.0 has been successfully deployed to the <a href="https://twitter.com/hashtag/Zilliqa?src=hash&amp;ref_src=twsrc%5Etfw">#Zilliqa</a> mainnet! 
 This upgrade brings enhanced interoperability between EVM and Scilla, new tools for developers, and improved network performance. 
 Read more about what's new in upgrade v9.2.0 below:<a href="https://t.co/NToCl2zV0g">https://t.co/NToCl2zV0g</a>… <a href="https://t.co/xg2MLu4opB">https://t.co/xg2MLu4opB</a> 
 — Zilliqa (@zilliqa) <a href="https://twitter.com/zilliqa/status/1676621217225408512?ref_src=twsrc%5Etfw">July 5, 2023</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Zilliqa revealed in an official <a href="http://blog.zilliqa.com/upcoming-upgrade-of-zilliqa-mainnet-to-v9-2/" target="_blank" rel="noopener">blogspot</a> announcement; 
<blockquote>
 Key among the improvements is enhanced interoperability between Ethereum Virtual Machine (EVM) and Scilla, making it simpler to create, test, and launch fungible tokens using ERC-20 and ZRC-2 smart contracts. This is a pivotal step towards facilitating seamless cross-chain interactions.
</blockquote> 
<h3 id="zilliqa-v9-2-upgrade-introduces-a-new-user-experience-for-network-developers">Zilliqa v9.2 upgrade introduces a new user experience for network developers</h3> 
In alignment with its commitment to creating robust security and functionality, the upgrade will make it possible for extended testing coverage for third-party EVM contracts and full backward compatibility with all existing Scilla contracts in the Scilla release 0.13.3. 
The upgrade also aims to ensure that the network is faster, more efficient, and a lot more secure for all network users and participants. As such, the upgrade will tackle and fix existing bugs, while improving on the server-side resilience. 
Meanwhile, for Zilliqa network developers, v9.2 will introduce an improved interface and more advanced search and trace capabilities. Development platform support will also be expanded. The upgrade is also ushering in the launch of a new Developer Network, which is granting early access to new features and products. 
Regarding future upgrades, Zilliqa intends to focus on tackling miner-related issues. As shared in the blog post : 
<blockquote>
 Future upgrades will continue to enhance the capabilities of Zilliqa’s EVM compatibility and overall network efficiency. These upgrades will also include improvements to the rejoin process and reward structure with the aim of relaxing constraints on miners’ locations, subject to the network’s governance system.
</blockquote>

Zilliqa (ZIL) Prepares for Game-Changing Upgrade: All the Details

Table of Contents

Crypto News Flash

Other articles published on Jul 6, 2023

Here's Why Shiba Inu (SHIB) Has Hope, Despite Suppressed Price

"ICO Spotlight: Embracing July's Top 5 Game-Changing Tokens"

Black Rock CEO Sees Bitcoin as 'Digital Gold,' Pushes for Crypto Access

Law Firm Seeks Huge Compensation From Voyager Digital’s Creditors

Circle Consider Issuing Stablecoin in Japan as the New Stablecoin Law Took Effect Last Month

Ripple’s Xumm Wallet Levels Up with SimpleSwap Integration for Lightning-Fast XRP Swaps

Join our free newsletter for daily crypto updates!