Zilliqa will launch the first fully compatible version of EVM on the main network on April 25th

According to reports, the official blog of the Layer1 blockchain Zilliqa announced that the first fully compatible version of EVM will be launched on the main website on April 25. Users will be able to transfer native ZIL using wallets such as MetaMask, and deploy Solidity smart contracts using tools such as Truffle and Hardhat. It is reported that Zilliqa launched the EVM compatibility testing network in December 2022, aiming to introduce a broader blockchain developer community for Zilliqa.

Zilliqa will launch the first fully compatible version of EVM on the main network on April 25th

I. Introduction
– Explanation of Zilliqa
– Overview of the upcoming launch of the fully compatible version of EVM
II. What is EVM?
– Explanation of EVM and its importance
– How it relates to Zilliqa’s blockchain technology
III. Benefits of the Fully Compatible EVM Version for Zilliqa Users
– Details on how the EVM compatibility will affect Zilliqa users
– Ability to transfer native ZIL using wallets like MetaMask and deploy Solidity smart contracts
– Increased usability and access for developers and blockchain enthusiasts
IV. EVM Compatibility Testing Network
– Background on the launch of Zilliqa’s EVM compatibility testing network
– Importance of the testing network for expanding Zilliqa’s developer community
V. How Will the Fully Compatible EVM Version Impact the Blockchain Industry?
– Prospective future implications of the fully compatible EVM version on the blockchain industry
– Significance of bringing Zilliqa’s blockchain technology to a wider audience
VI. Limitations of the Fully Compatible EVM Version
– Potential roadblocks and drawbacks of the fully compatible EVM version
– Discussion of how these limitations may be addressed moving forward
VII. Conclusion
– Recap of main points
– Emphasis on the significance of the fully compatible EVM version for Zilliqa’s users and the blockchain industry as a whole
# According to Reports, Zilliqa is Launching the First Fully Compatible Version of EVM on Its Main Website on April 25
Zilliqa’s official blog recently announced the upcoming launch of the first fully compatible version of EVM on its main website on April 25. This development aims to improve the functionality of Zilliqa’s blockchain technology and increase accessibility for developers and blockchain enthusiasts.

What is EVM?

EVM, or the Ethereum Virtual Machine, is a crucial infrastructure element in the Ethereum network. EVM enables the creation and execution of smart contracts, which are self-executing contracts with the terms of the agreement directly written into the code. EVM plays an essential role in facilitating decentralized applications (dApps) on the Ethereum blockchain.

Benefits of the Fully Compatible EVM Version for Zilliqa Users

The fully compatible EVM version will allow Zilliqa users to transfer native ZIL using wallets such as MetaMask, and deploy Solidity smart contracts using tools like Truffle and Hardhat. This means greater ease of use and accessibility for blockchain developers wanting to work with Zilliqa’s blockchain technology.
The compatibility with EVM will allow Zilliqa’s users to take advantage of Ethereum’s existing developer ecosystem and tools, but applying Zilliqa’s high throughput and secure blockchain technology.

EVM Compatibility Testing Network

Zilliqa launched the EVM compatibility testing network in December 2022. It aimed to expand Zilliqa’s developer community by providing a testing network for developers to experiment and learn how to build applications on top of Zilliqa while using Solidity smart contracts language.
Zilliqa’s smart contract functionality is written in Scilla, a formally verified language, but with the EVM compatibility, developers can create more complex applications that require the use of Solidity.

How Will the Fully Compatible EVM Version Impact the Blockchain Industry?

The compatibility with EVM may have significant implications for the blockchain industry. The move can transform Zilliqa’s technology into a more developer-friendly platform, attracting developers who previously worked primarily on Ethereum.
Moreover, it could lead to greater interoperability between different blockchain networks, which could be beneficial for the overall health of the blockchain industry.

Limitations of the Fully Compatible EVM Version

As with any new technology, there may be limitations to Zilliqa’s fully compatible EVM version. For one, it may pose a challenge to fully integrate with Ethereum DApps as Ethereum developers may favor the Ethereum network’s familiarity and relative security. However, with more user adoption and testing, such issues may be overcome, and Zilliqa’s blockchain technology adoption could continue to rise.

Conclusion

Zilliqa’s launch of a fully compatible EVM version is a significant milestone for the blockchain industry. It will enable greater development opportunities and access to blockchain technology for developers and enthusiasts. However, to ensure the success of the fully compatible EVM version, further testing and adoption by the developer community and users must be done.

FAQs

1. What is Zilliqa?
Zilliqa is a blockchain platform designed to enable high throughput and secure transactions.
2. What is EVM?
EVM is the Ethereum Virtual Machine, a crucial infrastructure element in the Ethereum network that enables the creation and execution of smart contracts.
3. What is the importance of Zilliqa launching a fully compatible EVM version?
The fully compatible EVM version will enable Zilliqa users to transfer native ZIL and deploy Solidity smart contracts, making the platform more user-friendly and developer-friendly.