Zilliqa (ZIL) Set To Launch Full Smart Contract Functionality Ahead Of Its 2nd Anniversary - Today's Gazette - Cryptocurrency, Bitcoin News
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Zilliqa (ZIL) Set To Launch Full Smart Contract Functionality Ahead Of Its 2nd Anniversary

Days After 2nd Anniversary! Zilliqa (ZIL) To Host Euro-backed Stable Coin


Zilliqa (ZIL) Set To Launch Full Smart Contract Functionality Ahead Of Its 2nd Anniversary

Zilliqa (ZIL) the smart contract blockchain has continued to prove its mettle as one of the most technical projects within the crypto ecosystem.

The blockchain has enjoyed a positive year so far moving to its mainnet January and successfully performing token swap from ERC20 token to its native ZIL token.

These developments look set to continue as the crypto revealed that it would launch a full smart contract functionality on its network by 10th of June ahead of the second yea anniversary of the coin on the 18th of June.

Co-founder of Zilliqa Max Kantelia revealed this information on LinkedIn in a blog post which highlighted the advantages of this new development. According to Kantiella the launch of full smart functionality would pave way for the coin to achieve its major milestones.

Zilliqa (ZIL) Have Made Improvements On Scalability, Security and Value

One of the major features of this full smart functionality is that the blockchain platform would be able to attain a high degree of scalability.

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Zilliqa team of developers have been working hard in the past few months to develop smart contract protocols that are able to process huge number of transactions within a short time frame.

It is understood that with the launch of this new protocol Zilliqa network would be able to process thousands of transactions per second.

Another area where Zilliqa has made adjustment is in terms of security with the use of the Scila language protocol to write smart contracts. Scilla protocols allow for safer and secure transactions within the network and quicker formal verification of code.

Lastly, Zilliqa has stuck to its ideals of low transaction fees within its network. Zilliqa expects that the launch of the full smart functionality would enable transactions to be processed for a tiny fraction of the costs of other platforms.

Zilliqa (ZIL) Continues To Receive Plaudits As One Of The Top Blockchain Projects

The blockchain platform has certainly kept to its ideals while trying to provide workable smart contract solution for users and businesses.

Also READ  Cardano (ADA) And Zilliqa (ZIL) Reach Major Milestones

Zilliqa has continued to encourage developers and entrepreneurs to create decentralized applications on its network with its grant programme in a bid to increase the popularity of its blockchain network.

It is no surprise that the blockchain project is regarded in high esteem within the crypto community with the largest crypto exchange in the world, Binance recently publishing rave reviews about the coin.

Zilliqa which celebrates its second year anniversary by June 18th is well placed to become a dominant player within the blockchain industry.

Writer, editor and digital space observer with 5 years experience in the blockchain industry. Mail him at adeniji.olowo@todaysgazette.com.

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