Tag: zilliqa (zil)

The team at Zilliqa has incorporated the ZRC-7 standard for NFTs ZRC-7 standardizes the structure of NFT metadata to provide a simpler experience for NFT creators It provides a unified structure for NFTs, complementing previous standards of ZRC-1 and ZRC-6 The new standard was implemented after feedback from the community The team at Zilliqa (ZIL) has incorporated the ZRC-7 standard for NFTs. The...

Zilliqa's bridge to Ethereum will wait for the successful launch of ETH's London hard fork before going live This is because the London hard fork changes Ethereum's fee structure Once implemented, the team at Zilliqa will observe the London hard fork before upgrading the Zilliqa mainnet to support the bridge ZIL/USDT has escaped from the jaws...

Zilliqa is taking a strong lead amongst layer-1 protocols on a technical level Zilliqa is also being built from the ground up with sharding at its core Zilliqa, therefore, is in a unique position till Ethereum can implement its own scaling solutions Scilla, the programming language being used on Zilliqa, is also an easier, safer alternative to Solidity The Zilliqa ecosystem continues to...

Zilliqa's mainnet was upgraded to fix an issue that was causing mining nodes to run out of memory Zilliqa's mainnet and testnet had gone down a day earlier when the same nodes run out of memory while processing large smart contracts The team at Zilliqa has thanked its community for understanding the challenges of cutting-edge innovations that have been implemented in the project...

Zilliqa's bridge to Ethereum is now live on Testnet Beta testing of the bridge is now open to the Zilliqa and Ethereum communities The team at Zilliqa is providing incentives for community feedback with suggestions ZIL/USDT is however still in bearish territory amidst an uncertain Bitcoin The highly anticipated bridge between the Zilliqa and Ethereum networks is now live on Testnet. The launch...

The teams at Zilliqa, Switcheo and Polynetwork have been working on a ZIL- ETH bridge The Zilliqa-Ethereum bridge is meant to create interoperability between the two networks Beta testing on the Testnet version has been scheduled for the 'next ten days' The bridge is expected to be completed in the third quarter of 2021 The teams at Zilliqa, Switcheo and Polynetworks have been...

Zilliqa will be launching a football NFT Collection on June 6th It will include 10 global football stars including Diego Costa and James Rodríguez The football NFT collection will be in partnership with Polaris Sports Buyers of the NFTs will also have a chance at winning signed merchandise by each player Zilliqa (ZIL) has partnered with the leading athlete commercial rights representation firm...

In brief: Over 3 million Zilliqa coins have been removed from circulation since the network implemented its version of burning ZIL ZIL fee burning, simply sends the gas paid out in each transaction to a special address where all mining rewards come from This gas can then be used for block rewards in a process known as 'recycling' The President of Zilliqa, Amrit...

Summary: Zilliqa is now ranked 29th on Coinmarketcap Zilliqa is also the highest-ranking coin on LunarCrush Zilliqa's google search volume has increased to levels last witnessed in June when staking went live The amount of ZIL locked in staking is now 29.89% of the circulating supply at 4.2B Zilliqa The digital asset is clearly in bullish territory as it inches closer to $0.01...

Quick take: Approximately 27.475% of Zilliqa's circulating supply is locked in staking Staking of Zilliqa currently has a 17.72% APY ZIL has managed to break past the $0.030 resistance level since staking was launched in late June However, Zilliqa is yet to repeat its performance as a top 50 coin on Coinmarketcap Zilliqa (ZIL) staking has come a long way since it was...

Quick take: The team at Frundstrat has published an analytical report on Zilliqa (ZIL) It explains that the ASEAN financial services market provides Zilliqa with a $7.8B revenue opportunity by 2025 Enterprises within Zilliqa could be worth $3.6B in 2025 by capturing 10% of ASEAN's DLT based financial services market ZIL thus has the potential of being worth $0.22 by 2025 The team...

Quick take: Zilliqa has announced the launch of its highly anticipated non- custodial seed node staking Holders of Zilliqa no longer have to stake ZIL through third parties They can send their ZIL directly into the smart contract and receive rewards from the roster of seed node providers gZIL, a new fungible governance token, can also be earned from staking ZIL Holders of Zilliqa...

Quick take: Zilliqa (ZIL) has launched its first decentralized exchange, ZilSwap ZilSwap was built by the team at Switcheo There is a plan to transition control of ZilSwap to a DAO, complete with a governance token ZilSwap is at the core of Zilliqa's push into the DeFi space The Zilliqa Community is currently celebrating the launch of the blockchain's first decentralized exchange aptly...