Zilliqa Network ($ZIL), a public blockchain to handle issues concerning throughput and scalability for crypto assets, has announced the exclusive upgrade. With the launch of Zilliqa 2.0, Zilliqa Network signifies a notable shift from just a smart contract forum to an efficiently performing blockchain infrastructure to drive real-world adoption. The platform disclosed this upgrade in a recent social media post shared on X.
Zilliqa Unveils Zilliqa 2.0 to Redefine Real-World Applications of Blockchain
Zilliqa 2.0’s release is not just an upgrade to Zilliqa Network. It works as a thorough re-architecture. Hence, it aims to back actual capital flows, rapid execution speed, and practical utilities. The upgrade is designed to fulfill the requirements of the delegators, validators, users, and developers in a swiftly advancing decentralized ecosystem. In the case of consumers, the upgrade is seamless. It permits wallets utilizing the original mainnet environment to stay completely functional. In this respect, there is no requirement for network reconfiguration.
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In addition to this, the consumers will see rapid transfer processing with the present token balances, decentralized applications (dApps), and NFTs. Simultaneously, a complete migration will also be carried out to the latest infrastructure. Apart from that, the developers will also be able to reach refreshed documentation, new blockchain explorers, and live open API nodes. This will enable a streamlined onboarding procedure and rapid deployment times.
New Upgrade Delivers Improved Programmability, Compliance, and Scalability
Keeping this in view, Zilliqa 2.0 offers improved programmability along with a key focus on compliance and scalability. These are the factors that play crucial role when it comes to enterprise-scale adoption. As a result of this, the validators will also be asked to commence syncing nodes instantly and conclude delegated staking agreements before the 30th of June. Moreover, the team behind Zilliqa will then conduct setup validation the next Monday to guarantee stability on the network.
Offering Easy and Transparent Experience with Delayless Unstaking
In the meantime, delegators can examine the exclusive staking portal that will go live on Monday. It will include the display of validator pools in single dashboard, letting consumers conveniently and transparently select delegation options. Overall, Zilliqa 2.0 eliminates the conventional unbonding phase, permitting consumers to unstake rapidly and redelegate while facing no delay.