March was a great month for the Zilliqa network and ecosystem, from major announcements that expand DeFi opportunities to increasing buzz around The Winners Circle.
The technical team was also hard at work last month, working with the relevant teams to restore functionality to ZilBridge and delivering better tools for developers.
"I am inspired to see the growing momentum and enthusiasm within the Zilliqa community as these new projects roll out within the ecosystem," says Zilliqa CEO Matt Dyer. "March was just the beginning of what promises to be a productive journey ahead. Keep a close eye on our progress, as we continue to push the boundaries of innovation and pave the way for a more decentralised and interconnected future."
Read the full highlights from the Zilliqa ecosystem for March 2024: https://blog.zilliqa.com/zilliqa-monthly-newsletter-mar-2024/
The technical team was also hard at work last month, working with the relevant teams to restore functionality to ZilBridge and delivering better tools for developers.
"I am inspired to see the growing momentum and enthusiasm within the Zilliqa community as these new projects roll out within the ecosystem," says Zilliqa CEO Matt Dyer. "March was just the beginning of what promises to be a productive journey ahead. Keep a close eye on our progress, as we continue to push the boundaries of innovation and pave the way for a more decentralised and interconnected future."
Read the full highlights from the Zilliqa ecosystem for March 2024: https://blog.zilliqa.com/zilliqa-monthly-newsletter-mar-2024/
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Attention Zilfam! Want to see Zil listed on Swissborg?
Swissborg offers an easy and powerful way to buy and sell crypto using a range of fiat currencies, as well as the ability to earn passive yields on multiple tokens within a single app.
Let's show the strength of the Zilliqa community and open up new opportunities for expanding our ecosystem!
Vote for ZIL to be listed on SwissBorg here - Simply register with an email address to vote: https://swissborg.nolt.io/635
Swissborg offers an easy and powerful way to buy and sell crypto using a range of fiat currencies, as well as the ability to earn passive yields on multiple tokens within a single app.
Let's show the strength of the Zilliqa community and open up new opportunities for expanding our ecosystem!
Vote for ZIL to be listed on SwissBorg here - Simply register with an email address to vote: https://swissborg.nolt.io/635
swissborg.nolt.io
Will SwissBorg ever list Zilliqa/$ZIL? · SwissBorg Roadmap Feedback
Anyone else here using Zilliqa? Check out LunarCrush and XCAD too... $ZIL $LUNR $XCAD Please list $ZIL on SwissBorg
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Attention Zilfam!
As a result of unexpected behaviour in Zilliqa's rewards distribution mechanics, the ongoing adjustment to staking rewards has not been reducing inflation by the amount we had predicted.
We have implemented a workaround to correct this issue, which involves setting the staking reward parameter in the contract to the pre-adjustment rate and then manually remitting the difference between the advertised and collected rewards back to the null address.
This will have the effect of reducing inflation as intended while ensuring the rewards received by stakers continue to follow the previously forecasted trend in line with the monthly adjustments.
This change will be implemented with the next planned adjustment to staking rewards, scheduled for May 2, 2024.
As a result of unexpected behaviour in Zilliqa's rewards distribution mechanics, the ongoing adjustment to staking rewards has not been reducing inflation by the amount we had predicted.
We have implemented a workaround to correct this issue, which involves setting the staking reward parameter in the contract to the pre-adjustment rate and then manually remitting the difference between the advertised and collected rewards back to the null address.
This will have the effect of reducing inflation as intended while ensuring the rewards received by stakers continue to follow the previously forecasted trend in line with the monthly adjustments.
This change will be implemented with the next planned adjustment to staking rewards, scheduled for May 2, 2024.
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ZIL, the native token of the Zilliqa blockchain, is now officially listed on Bit2Me, one of the leading centralised exchanges in Europe and Latin America.
Users can now buy ZIL through Bit2Me's exchange and wallet, or even use the Bit2Me Mastercard to spend ZIL for real-world purchases.
“Together with Bit2Me's robust regulatory compliance and broad user base, the listing of ZIL brings tangible benefits to both seasoned traders and newcomers alike," says Zilliqa CEO Matt Dyer.
"Spain and Latin America have become hotbeds of growth within the Zilliqa ecosystem, and through this listing we are delighted to be delivering better access for our community in these regions.”
Learn more on the Zilliqa blog: blog.zilliqa.com/zilliqa-expands-presence-in-europe-with-listing-on-bit2me-exchange/
Users can now buy ZIL through Bit2Me's exchange and wallet, or even use the Bit2Me Mastercard to spend ZIL for real-world purchases.
“Together with Bit2Me's robust regulatory compliance and broad user base, the listing of ZIL brings tangible benefits to both seasoned traders and newcomers alike," says Zilliqa CEO Matt Dyer.
"Spain and Latin America have become hotbeds of growth within the Zilliqa ecosystem, and through this listing we are delighted to be delivering better access for our community in these regions.”
Learn more on the Zilliqa blog: blog.zilliqa.com/zilliqa-expands-presence-in-europe-with-listing-on-bit2me-exchange/
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The Zilliqa infrastructure team has been diligently working to enhance EVM compatibility based on the invaluable feedback from our developer community.
Zilliqa v9.3.4 is currently set to roll out on Monday, May 20th and will bring major improvements to the EVM developer experience through new features and fixes for outstanding issues.
Read the Zilliqa blog to learn more about the EVM enhancements in the upcoming network upgrade: blog.zilliqa.com/evm-compatibility-improvements-coming-in-zilliqa-v9-3-4/
Zilliqa v9.3.4 is currently set to roll out on Monday, May 20th and will bring major improvements to the EVM developer experience through new features and fixes for outstanding issues.
Read the Zilliqa blog to learn more about the EVM enhancements in the upcoming network upgrade: blog.zilliqa.com/evm-compatibility-improvements-coming-in-zilliqa-v9-3-4/
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Zilfam! 📢 Around 03:12 PM UTC, a slowdown in mainnet block generation was detected.
To delve deeper, transaction processing was halted at 04:00 PM UTC, permitting the network to clear the transactions in the mempool and self-recover.
Presently, we await the new epoch to ensure full data synchronization before re-enabling transactions, while monitoring block generation for continued proper functioning.
The team will persist in the investigation to determine the root cause. As always we appreciate your continued support & patience.
Update - We will provide further updates as more information becomes available.
To delve deeper, transaction processing was halted at 04:00 PM UTC, permitting the network to clear the transactions in the mempool and self-recover.
Presently, we await the new epoch to ensure full data synchronization before re-enabling transactions, while monitoring block generation for continued proper functioning.
The team will persist in the investigation to determine the root cause. As always we appreciate your continued support & patience.
Update - We will provide further updates as more information becomes available.
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Zilliqa network update 📢
The Zilliqa infrastructure team continues to work on resolving the ongoing disruption to mainnet block generation.
Preliminary analysis indicates this may be related to an issue within a specific function that returns a null value instead of a node's RLP following a possible invalid database lookup, which results in the function throwing an error.
The team has created internal rehearsal networks to recreate this issue and trial bug fixes, allowing for possible solutions to be tested within an isolated environment before progressing to Testnet and mainnet deployments.
We will provide additional updates and outline further steps for remediation as soon as this information becomes available. We appreciate your patience and support as we actively work to restore network stability.
The Zilliqa infrastructure team continues to work on resolving the ongoing disruption to mainnet block generation.
Preliminary analysis indicates this may be related to an issue within a specific function that returns a null value instead of a node's RLP following a possible invalid database lookup, which results in the function throwing an error.
The team has created internal rehearsal networks to recreate this issue and trial bug fixes, allowing for possible solutions to be tested within an isolated environment before progressing to Testnet and mainnet deployments.
We will provide additional updates and outline further steps for remediation as soon as this information becomes available. We appreciate your patience and support as we actively work to restore network stability.
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The Zilliqa mainnet is now back online and full functionality has been restored.
In addition to this fix, we have also rolled out the previously announced Zilliqa v9.3.4 network upgrade, which includes a number of enhancements to EVM compatibility. Node operators should therefore ensure they are using the latest v9.3.4 configuration files to join the upgraded Zilliqa mainnet.
We apologise for any inconvenience caused and we appreciate the patience and support shown by the Zilliqa community.
In addition to this fix, we have also rolled out the previously announced Zilliqa v9.3.4 network upgrade, which includes a number of enhancements to EVM compatibility. Node operators should therefore ensure they are using the latest v9.3.4 configuration files to join the upgraded Zilliqa mainnet.
We apologise for any inconvenience caused and we appreciate the patience and support shown by the Zilliqa community.
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Dear community, We are writing to inform you that we are aware of a further disruption to Block production on Mainnet. The issues that caused the previous network outage were not conclusive and, it is apparent that the logs did not provide the necessary insights to properly address the underlying cause.
Following the previous outage and with enhanced debugging now enabled, we are now better positioned to identify and address the underlying problem.
We are currently working to diagnose the root issue and restore full functionality to the network. We appreciate your patience at this time.
Note - Funds are SAFU. If you can't see funds in your wallet, You can always check it on-chain by going to https://viewblock.io/zilliqa, add your Zil address in search box & hit enter.
Following the previous outage and with enhanced debugging now enabled, we are now better positioned to identify and address the underlying problem.
We are currently working to diagnose the root issue and restore full functionality to the network. We appreciate your patience at this time.
Note - Funds are SAFU. If you can't see funds in your wallet, You can always check it on-chain by going to https://viewblock.io/zilliqa, add your Zil address in search box & hit enter.
ViewBlock
Zilliqa Explorer | ViewBlock
ViewBlock, Zilliqa Explorer: A public blockchain platform designed to scale to thousands of transactions per second
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The Zilliqa network is back online following temporary disruptions to block production on mainnet. Functionality has now been restored and the network is once again processing transactions normally.
The infrastructure team continues to monitor the stability of the network as it works to diagnose the underlying cause of the recent disruptions. However, we hope the fix we have now deployed averts the risk of further interruptions to mainnet block production going forward.
Thank you for your patience and support during the course of resolving this issue.
The infrastructure team continues to monitor the stability of the network as it works to diagnose the underlying cause of the recent disruptions. However, we hope the fix we have now deployed averts the risk of further interruptions to mainnet block production going forward.
Thank you for your patience and support during the course of resolving this issue.
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The Zilliqa ecosystem saw continued growth and several important moments during April 2024.
We saw a host of updates and announcements from projects building on Zilliqa, and The Winners Circle continued to build its profile and momentum across both the loyalty industry and the sport of horse racing.
The Zilliqa team attended several events, including #ParisBlockchainWeek and #Token2049, and we also engaged the community on staking by outlining how new stakers can benefit by staking ZIL ahead of the shift to Zilliqa 2.0.
"As we have moved into May, we continue to build towards the upcoming overhaul of the network with Zilliqa 2.0 while fostering the lift-off of landmark Web3 projects in our ecosystem," Zilliqa CEO Matt Dyer says.
"As we reflect on the achievements of the past month, I am grateful for the community's continued support and enthusiasm."
Read all the highlights from April 2024 below: blog.zilliqa.com/zilliqa-monthly-newsletter-apr-2024/
We saw a host of updates and announcements from projects building on Zilliqa, and The Winners Circle continued to build its profile and momentum across both the loyalty industry and the sport of horse racing.
The Zilliqa team attended several events, including #ParisBlockchainWeek and #Token2049, and we also engaged the community on staking by outlining how new stakers can benefit by staking ZIL ahead of the shift to Zilliqa 2.0.
"As we have moved into May, we continue to build towards the upcoming overhaul of the network with Zilliqa 2.0 while fostering the lift-off of landmark Web3 projects in our ecosystem," Zilliqa CEO Matt Dyer says.
"As we reflect on the achievements of the past month, I am grateful for the community's continued support and enthusiasm."
Read all the highlights from April 2024 below: blog.zilliqa.com/zilliqa-monthly-newsletter-apr-2024/
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Zilliqa is now integrated with Fireblocks, opening the door to digital asset heavyweights by enabling enterprise-grade investors to transact and manage ZIL! 💰
This integration marks a key step on our journey to expanding access to Zilliqa's EVM-compatible ecosystem.
Read more:
blog.zilliqa.com/zilliqa-opens-to-institutional-investors-through-integration-with-fireblocks/
This integration marks a key step on our journey to expanding access to Zilliqa's EVM-compatible ecosystem.
Read more:
blog.zilliqa.com/zilliqa-opens-to-institutional-investors-through-integration-with-fireblocks/
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We are thrilled to announce the whitepaper and roadmap for #Zilliqa 2.0!
The new Zilliqa is designed to be faster, more scalable, and even more secure while offering unprecedented customisation and flexibility.
After a significant period of internal development, we are proud to share all the exciting features that will be part of Zilliqa 2.0.
A heartfelt thank you to our incredible community for your unwavering support as we reach this milestone.
Read the whitepaper and roadmap on the Zilliqa 2.0 website: https://roadmap.zilliqa.com
The roadmap outlines the phased rollout and public testing of key features, leading up to the full mainnet migration, which we hope to complete by the end of this year.
Discover more about Zilliqa 2.0 and the powerful features it brings to the world of Web3.
Read the full announcement here:
blog.zilliqa.com/introducing-zilliqa-2-0-shaping-a-decentralised-future/
The new Zilliqa is designed to be faster, more scalable, and even more secure while offering unprecedented customisation and flexibility.
After a significant period of internal development, we are proud to share all the exciting features that will be part of Zilliqa 2.0.
A heartfelt thank you to our incredible community for your unwavering support as we reach this milestone.
Read the whitepaper and roadmap on the Zilliqa 2.0 website: https://roadmap.zilliqa.com
The roadmap outlines the phased rollout and public testing of key features, leading up to the full mainnet migration, which we hope to complete by the end of this year.
Discover more about Zilliqa 2.0 and the powerful features it brings to the world of Web3.
Read the full announcement here:
blog.zilliqa.com/introducing-zilliqa-2-0-shaping-a-decentralised-future/
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May was full of milestones for Zilliqa, laying the groundwork for the Zilliqa 2.0 whitepaper and roadmap!
"As we celebrate the announcement of Zilliqa 2.0 and work to deliver on the project's roadmap, I extend my heartfelt gratitude to the community's unwavering support, and for their enthusiasm around the revitalisation of the Zilliqa protocol and ecosystem," says Zilliqa CEO Matt Dyer.
"Together, as we build out the intuitive and flexible infrastructure of Zilliqa 2.0, we unlock the ability to shape the future we imagine."
Other highlights include a major partnership between The Winners Circle and star jockey Saffie Osborne, along with the reveal of the Web3War roadmap for 2024 - including a teaser for a browser-friendly racing game from Roll1ng Thund3rz.
Zilliqa expanded its global reach with the listing of ZIL on Bit2Me, and the tech team delivered an upgrade to EVM compatibility while still working on Zilliqa 2.0.
Read the highlights from May:
blog.zilliqa.com/zilliqa-monthly-newsletter-may-2024/
"As we celebrate the announcement of Zilliqa 2.0 and work to deliver on the project's roadmap, I extend my heartfelt gratitude to the community's unwavering support, and for their enthusiasm around the revitalisation of the Zilliqa protocol and ecosystem," says Zilliqa CEO Matt Dyer.
"Together, as we build out the intuitive and flexible infrastructure of Zilliqa 2.0, we unlock the ability to shape the future we imagine."
Other highlights include a major partnership between The Winners Circle and star jockey Saffie Osborne, along with the reveal of the Web3War roadmap for 2024 - including a teaser for a browser-friendly racing game from Roll1ng Thund3rz.
Zilliqa expanded its global reach with the listing of ZIL on Bit2Me, and the tech team delivered an upgrade to EVM compatibility while still working on Zilliqa 2.0.
Read the highlights from May:
blog.zilliqa.com/zilliqa-monthly-newsletter-may-2024/
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Breaking down the Zilliqa 2.0 Roadmap 🧵
Each phase of the #ZIL2 roadmap marks a milestone towards delivering a fast, scalable and user-first blockchain you can shape to your needs.
Check out this thread that breaks down each phase of the network rollout for Zilliqa 2.0! 👇
https://x.com/zilliqa/status/1801225003360288855
Each phase of the #ZIL2 roadmap marks a milestone towards delivering a fast, scalable and user-first blockchain you can shape to your needs.
Check out this thread that breaks down each phase of the network rollout for Zilliqa 2.0! 👇
https://x.com/zilliqa/status/1801225003360288855
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6 massive changes coming in the Zilliqa 2.0 whitepaper 🚀
We're excited to unveil the whitepaper and roadmap for Zilliqa 2.0, outlining our evolution into a faster, more efficient, and user-friendly blockchain.
Zilliqa 2.0 brings revolutionary changes to scaling and customisation with a focus on accessibility and simplicity, making Web3 as straightforward as the traditional internet.
Check out the breakdown 🧵 here! ⬇️
https://x.com/zilliqa/status/1801602956254417233
We're excited to unveil the whitepaper and roadmap for Zilliqa 2.0, outlining our evolution into a faster, more efficient, and user-friendly blockchain.
Zilliqa 2.0 brings revolutionary changes to scaling and customisation with a focus on accessibility and simplicity, making Web3 as straightforward as the traditional internet.
Check out the breakdown 🧵 here! ⬇️
https://x.com/zilliqa/status/1801602956254417233
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We're excited to dive into our vision for Zilliqa 2.0, a blockchain tailored to your imagination.
The recently published Zilliqa 2.0 whitepaper outlines an innovative protocol designed to be user-friendly and adaptable to the specific needs of businesses, developers, and end-users.
Zilliqa 2.0 is set to revolutionise the blockchain world by making Web3 as intuitive and accessible as the internet. Imagine a blockchain that you can shape to the needs of your business, offering unparalleled flexibility, speed, and ease of use.
With Zilliqa 2.0, businesses can build the blockchain they need, seamlessly integrate with other chains, and leverage smart accounts for enhanced usability. The network's built-in features are designed to remove friction from the user experience, paving the way for mainstream adoption of Web3-enabled applications.
Read more about how Zilliqa 2.0 will allow your business to shape the future you imagine:
https://blog.zilliqa.com/zilliqa-2-0-the-blockchain-tailored-to-your-imagination/
The recently published Zilliqa 2.0 whitepaper outlines an innovative protocol designed to be user-friendly and adaptable to the specific needs of businesses, developers, and end-users.
Zilliqa 2.0 is set to revolutionise the blockchain world by making Web3 as intuitive and accessible as the internet. Imagine a blockchain that you can shape to the needs of your business, offering unparalleled flexibility, speed, and ease of use.
With Zilliqa 2.0, businesses can build the blockchain they need, seamlessly integrate with other chains, and leverage smart accounts for enhanced usability. The network's built-in features are designed to remove friction from the user experience, paving the way for mainstream adoption of Web3-enabled applications.
Read more about how Zilliqa 2.0 will allow your business to shape the future you imagine:
https://blog.zilliqa.com/zilliqa-2-0-the-blockchain-tailored-to-your-imagination/
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We are delighted to announce the launch of Zilliqa Safe, the secure, gold-standard multi-signature wallet for the Zilliqa EVM network, developed in partnership with Protofire!
Zilliqa Safe wallet is an instance of the highly trusted Safe protocol, renowned for its security and widely adopted in the EVM space, securing over $100 billion in assets. This launch brings reliable and accessible on-chain asset management to Zilliqa, providing enhanced security and peace of mind for companies, teams, and users.
With Zilliqa Safe, you can:
➡️Secure your funds with a robust multi-signature solution.
➡️Reduce the risk of theft and single points of failure.
➡️Improve asset recovery through shared control among multiple key holders.
This is a significant milestone as we continue to roll out Zilliqa 2.0, laying a solid foundation for scalable investment and the growth of our EVM ecosystem by enabling multi-user asset management that is in line with industry standards. We're committed to multi-chain interoperability and improving EVM compatibility to drive adoption and accessibility.
Get started with the first Zilliqa EVM multisig wallet today at safe.zilliqa.com.
Read more about Zilliqa Safe in our latest blog post: https://blog.zilliqa.com/zilliqa-safe-launched-multi-signature-wallets-now-available-on-zilliqa-evm/🎉 🎉
Zilliqa Safe wallet is an instance of the highly trusted Safe protocol, renowned for its security and widely adopted in the EVM space, securing over $100 billion in assets. This launch brings reliable and accessible on-chain asset management to Zilliqa, providing enhanced security and peace of mind for companies, teams, and users.
With Zilliqa Safe, you can:
➡️Secure your funds with a robust multi-signature solution.
➡️Reduce the risk of theft and single points of failure.
➡️Improve asset recovery through shared control among multiple key holders.
This is a significant milestone as we continue to roll out Zilliqa 2.0, laying a solid foundation for scalable investment and the growth of our EVM ecosystem by enabling multi-user asset management that is in line with industry standards. We're committed to multi-chain interoperability and improving EVM compatibility to drive adoption and accessibility.
Get started with the first Zilliqa EVM multisig wallet today at safe.zilliqa.com.
Read more about Zilliqa Safe in our latest blog post: https://blog.zilliqa.com/zilliqa-safe-launched-multi-signature-wallets-now-available-on-zilliqa-evm/
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The #Zilliqa team is heading to EthCC! 🇧🇪
Our Head of Ventures Bradley Laws and Head of Research Zoltan Fazekas will be representing us at the event.
With Zilliqa 2.0 on the horizon, bringing a customisable and easy-to-use blockchain with native EVM compatibility, we're excited to be connecting with projects and peers at this flagship event for the EVM community and wider Web3 industry.
If you're at the event, reach out to Bradley or Zoltan (or both) to learn more about the exciting things we have planned for Zilliqa 2.0 and beyond!
Our Head of Ventures Bradley Laws and Head of Research Zoltan Fazekas will be representing us at the event.
With Zilliqa 2.0 on the horizon, bringing a customisable and easy-to-use blockchain with native EVM compatibility, we're excited to be connecting with projects and peers at this flagship event for the EVM community and wider Web3 industry.
If you're at the event, reach out to Bradley or Zoltan (or both) to learn more about the exciting things we have planned for Zilliqa 2.0 and beyond!
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Last month saw a seminal moment in the history of Zilliqa with the release of the roadmap and whitepaper for Zilliqa 2.0.
With Zilliqa 2.0, we share a vision for an efficient, performant, and easy-to-use blockchain you can shape to your needs - bringing unprecedented flexibility to the world of Web3.
June also saw several other exciting announcements, though, including the launch of Zilliqa Safe and Fireblocks adding support for ZIL to its market-leading asset management platform!
"I am excited to reflect on the transformative developments that marked the last month, headlined by the much-anticipated publication of the whitepaper and roadmap for Zilliqa 2.0," says Zilliqa CEO Matt Dyer. "These and many other updates and announcements made June one of our most exciting months to date while also signalling the beginning of our network's next evolution."
Read all the highlights from the Zilliqa ecosystem for June 2024: https://blog.zilliqa.com/zilliqa-monthly-newsletter-june-2024/
With Zilliqa 2.0, we share a vision for an efficient, performant, and easy-to-use blockchain you can shape to your needs - bringing unprecedented flexibility to the world of Web3.
June also saw several other exciting announcements, though, including the launch of Zilliqa Safe and Fireblocks adding support for ZIL to its market-leading asset management platform!
"I am excited to reflect on the transformative developments that marked the last month, headlined by the much-anticipated publication of the whitepaper and roadmap for Zilliqa 2.0," says Zilliqa CEO Matt Dyer. "These and many other updates and announcements made June one of our most exciting months to date while also signalling the beginning of our network's next evolution."
Read all the highlights from the Zilliqa ecosystem for June 2024: https://blog.zilliqa.com/zilliqa-monthly-newsletter-june-2024/
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