The Zilliqa blockchain network has officially transitioned to version 2.0, significantly changing the blockchain's architecture and adding new features.
Protocol Update of Zilliqa
The upgrade to version 2.0 followed a six-month testing phase with 21 external validators. During this period, the proto-mainnet processed 7.5 million blocks and completed 15 client upgrades.
Key Features of the New Version
The update introduces Ethereum Virtual Machine (EVM) compatibility, a new Proof-of-Stake consensus model, and infrastructure designed for institutional use cases. Notable features include customizable shards and support for tokenized assets.
Future of Zilliqa 2.0
Zilliqa's roadmap includes future additions such as smart accounts and zero-knowledge features. Initial projects building on Zilliqa 2.0 focus on tokenized assets and regulated DeFi.
The upgrade of Zilliqa to version 2.0 marks a significant step in the blockchain's development, enhancing its reliability and flexibility for creating new financial technology solutions.
