Zilliqa Announces EVM Compatibility for Zilliqa 2.0

On April 21st, it was reported that Layer1 blockchain Zilliqa announced that EVM compatibility would be implemented on the main network on April 25th, laying the foundation for Zilliqa 2.0. EVM compatibility will allow users to transfer ZIL tokens locally using EVM DApp and wallet. After implementing the first full version of EVM compatibility, it will be extended in the subsequent main network upgrade to include full interoperability between Scilla and Solidity standards for alternative tokens, NFT, etc. Zilliqa 2.0 is being developed together with EVM compatibility features, which will retain all the features of the current version of the Zilliqa network, including full EVM compatibility, while bringing significant improvements to network performance and practicality. Zilliqa 2.0 will provide faster final certainty and better scalability through new and improved sharding systems.

Zilliqa will achieve EVM compatibility on the main network on April 25th, and development of Zilliqa 2.0 has begun

On April 21st, Layer1 blockchain Zilliqa announced that it would be implementing EVM compatibility on the main network on April 25th, paving the way for Zilliqa 2.0. This implementation will allow users to transfer ZIL tokens locally using EVM DApp and wallet. The compatibility will be extended in the subsequent main network upgrade to include full interoperability between Scilla and Solidity standards for alternative tokens and NFTs.

What is Zilliqa?

Zilliqa is a public blockchain platform that is designed to be scalable, secure, and decentralized. It uses sharding technology to enable more transactions per second on the network, and it has been designed to be energy-efficient.

EVM Compatibility and Zilliqa 2.0

EVM compatibility is a significant milestone for Zilliqa because it will allow users to use smart contracts and decentralized applications that are built using the Ethereum blockchain. This compatibility will be a significant step towards making Zilliqa more user-friendly and easily accessible to the broader blockchain community.
Zilliqa 2.0 is a significant development for the Zilliqa network because it will improve the network’s performance and scalability while retaining all the features of the current version of the Zilliqa network. The introduction of new and improved sharding systems will provide faster finality and better scalability.

Benefits of EVM Compatibility

The introduction of EVM compatibility on Zilliqa will have several benefits, including:

1. Compatibility with Ethereum Applications

EVM compatibility will enable Zilliqa to run Ethereum-based decentralized applications, making it easier for developers to migrate their projects to Zilliqa.

2. Token Interoperability

The full interoperability between Scilla and Solidity standards will allow for alternative tokens and NFTs to be easily transferred between Ethereum and Zilliqa.

3. Improved Network Performance

Zilliqa 2.0 will have a more robust and efficient sharding system, resulting in faster finality and better scalability.

Conclusion

The announcement of EVM compatibility on the Zilliqa network is a significant milestone for the platform, and it marks a major step forward in making Zilliqa more accessible and user-friendly. With Zilliqa 2.0, the network will become more robust and efficient, providing faster finality and better scalability.

FAQs

Q1. What is EVM compatibility?

EVM compatibility is a feature that allows Ethereum-based decentralized applications and smart contracts to be executed on a different blockchain platform.

Q2. What is Zilliqa 2.0?

Zilliqa 2.0 is an upgrade to the Zilliqa network that will improve network performance and scalability while retaining all the features of the current version of the Zilliqa network.

Q3. What are the benefits of EVM compatibility on Zilliqa?

The benefits of EVM compatibility on Zilliqa include compatibility with Ethereum applications, token interoperability, and improved network performance.