Zilliqa Announces EVM Compatibility Deployment on Main Network

On April 25th, according to the official blog, Layer1 blockchain Zilliqa announced specific arrangements and future deployments for launching EVM on the main network. EVM compatibility will be deployed on Zilliqa’s main network as part of the update to v9.0.0 version at 16:00 Beijing time on April 25th. The network downtime will start at 16:00 on April 25th and last for up to 24 hours to facilitate the network upgrade process. During this period, the network will not process any transactions. It is recommended to suspend the main network charging and withdrawal services during the network upgrade period. After the upgrade process is completed, the network will resume normal transaction processing.

Zilliqa will launch an upgrade to deploy EVM compatibility on the main network today, and the network will be suspended for 24 hours during the upgrade period

On April 25th, 2021, Layer1 blockchain Zilliqa announced its plans to implement Ethereum Virtual Machine (EVM) on its main network. The integration of EVM compatibility will be part of the update to v9.0.0 version and is scheduled to take place at 16:00 Beijing time on April 25th. In this article, we will delve into the specifics of this update and its potential implications for Zilliqa’s future.

What is Zilliqa?

Zilliqa is a Singapore-based blockchain platform that was founded in 2017 by a team of academics and computer scientists. The platform’s architecture is designed to allow for high throughput, low latency, and secure smart contract execution. Zilliqa uses a unique sharding mechanism that divides the network into smaller groups of nodes, allowing for more parallel processing and higher transaction throughput.

What is EVM?

Ethereum Virtual Machine (EVM) is a virtual machine that allows developers to create and execute smart contracts on the Ethereum blockchain. EVM is a crucial element of the Ethereum ecosystem, and its compatibility has facilitated the development of countless decentralized applications (dApps).

The integration of EVM on Zilliqa’s Main Network

The integration of EVM compatibility on Zilliqa’s main network is a significant development for both Zilliqa and the broader blockchain ecosystem. With EVM integration, developers will be able to port their dApps from Ethereum to Zilliqa with minimal modifications, providing them with access to Zilliqa’s high-performance network and low transaction fees.
The deployment of EVM compatibility will occur during the update to v9.0.0 version, which will begin at 16:00 Beijing time on April 25th. The network downtime will commence at the same time and is expected to last up to 24 hours to facilitate the network upgrade process. During this period, the network will not process any transactions, and it is recommended to suspend charging and withdrawal services. After the upgrade process is completed, the network will resume normal transaction processing.

Potential Benefits of EVM Integration

Zilliqa’s integration of EVM compatibility has several potential benefits for the platform and its users. Firstly, it will increase Zilliqa’s interoperability with Ethereum, allowing for more seamless interaction between the two networks. This could potentially lead to enhanced cross-chain communication and collaboration between developers and projects on both networks.
Secondly, the integration of EVM compatibility will increase the number of decentralized applications (dApps) available on Zilliqa’s platform. As developers can now port their dApps from Ethereum to Zilliqa with minimal modifications, the platform’s dApp ecosystem is expected to grow significantly.
Finally, the integration of EVM compatibility is also expected to improve the user experience for Zilliqa’s users. With EVM compatibility, users will be able to access their favorite Ethereum-based dApps on Zilliqa’s network, providing them with additional options and enhanced flexibility.

Conclusion

The deployment of EVM compatibility on Zilliqa’s main network marks an important milestone in the platform’s development and the blockchain ecosystem at large. The integration of EVM compatibility is expected to bring numerous benefits to Zilliqa, including increased interoperability with Ethereum, growth in the platform’s dApp ecosystem, and improved user experience. This development underscores Zilliqa’s commitment to innovation and its continued efforts to provide a high-performance, secure, and user-friendly blockchain platform.

FAQs

1. What is Zilliqa’s sharding mechanism, and how does it enable high throughput?
Zilliqa’s sharding mechanism divides the network into smaller groups of nodes, allowing for more parallel processing and higher transaction throughput.
2. Will Zilliqa’s EVM integration have any impact on Ethereum’s network?
No, Zilliqa’s EVM integration will not have any impact on Ethereum’s network. Instead, it will increase interoperability between the two networks.
3. What are the potential benefits of EVM integration for Zilliqa’s users?
EVM integration is expected to bring several benefits to Zilliqa’s users, including increased access to Ethereum-based dApps, enhanced flexibility, and improved user experience.
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