Zilliqa (ZIL) Mainnet launch scheduled for December 2018 / January 2019


It has been mentioned in crypto-verse that one of the best things to do during a bear market is to focus on the latest developments of our favorite blockchain projects. Recalling the latest update from Zilliqa (ZIL), we find out that the ZIL team had reported the following in early August:

  • The launch of Mainnet to be pushed to the end of the year or in January 2019 The initial roadmap had previously stated that the Mainnet would be launched in the third quarter of this year, but the team needs more time to work on some other things such as: safety audits, preparation of token swap, integration of portfolios, development of chain tools and bring more DApp on board
  • Zillqa has collaborated with Infoteria one of the leading companies software companies in Japan
  • Scilla and Tech Updates: joining the two PoWs in a single PoW; a library that uses OpenCL to support Ethash-based GPU mining for PoW; and improving sharding

Latest updates and roadmaps

Since then the team has released a new update via its media page indicating the following project progress and planned time frames:

  • Q3 2018: Support for Smart Contracts with Sharding [19659009] The team will work to support the smart-contract sharding with the full functionality of Scilla. This will include all major functionalities / functionalities for the main protocol, including shard-compatible smart-contract deployment, PoW difficulty adjustment, GPU extraction and new node joining.

    • Q4 2018: Large Scale Testing and Security Check

    The team will open the system to the public to allow users to participate and test tokens. This period will also include in-depth large-scale testing and platform security control.

    • Dec 2018 / Jan 2019: Launch of Mainnet

    The exact date will be announced and will include a public launch with toolchain for developers and applications for users.

    • Continuous research and development

    The team has adopted prudent risk management measures to financially support high quality research and development for the next 4 years, regardless of crypto-market volatility. This means that the team will be more focused on the project than the finances during this crucial period of the project's childhood time.

    In conclusion the Zilliqa project continues to develop smoothly and with a working team to ensure that it is the most secure and scalable blockchain solution at the time of Mainnet.

    Disclaimer: This article is not intended to provide financial advice. Any opinion here should be taken as well as it is. Perform your research before investing in one of the numerous cryptocurrencies available.

Get real-time updates directly to your device, sign up now.

Source link