Zilliqa (ZIL) Mainnet Launch Scheduled for 31st January 2019

by | Nov 17, 2018 | Blockchain, Cryptocurrency, Cryptocurrency News

Zilliqa | Zil | Mainnet | Zil Team

Zilliqa News: Zilliqa (ZIL) team has finally revealed the date for the Mainnet launch of the network, January 31st 2019. The date was confirmed in a Ask Me Anything (AMA) session observed by the ZIL team at the social media platforms of Reddit and Telegram.

The full AMA session was documented by the Zilliqa team and is now available online. Notably, before the Mainnet release, the team will release the third version of the Testnet by the November end. The mining guidelines for the platform will also be published during this release itself.

Initially, the ZIL project was scheduled to migrate over its own blockchain for the fourth quarter of 2018. However, the team decided to postpone the release, to ensure a solid, secure and reliable product. The team did request the Zilliqa community to allow them some more time to carry out finishing touches on the platform.

Audits

It was also informed that among the various tests, the platform also took special safety and security audits carried out by 3 individual companies. Furthermore, the audit results were not critical and a public report of the same will soon be published as well.

Zil’s Roadmap

The team also shared the updated Roadmap of the project, which dictated that the token swap from ERC20 tokens to the new ZIL will be started from the end of Q1, 2019 and will continue well into the second quarter of 2019. During the timeline provided by the platform, many prominent exchanges will extend their support for the token swap.

The Zilliqa community took the chance to question the team about the project’s vision for the next 3 – 5 years, to which the team stated:

Our goal is to become a top blockchain platform in the next year. Beyond that, we want to continue to drive forward blockchain technology and bring to life the latest scientific research in a manner that is useful and relevant – we believe that Zilliqa should be the one to disrupt Zilliqa.

We are keen to be the enabler of business use cases – profitable or otherwise – that can benefit from the more fricitonless flow of information, data and resources.

Arshmeet Hora

The idea of expressing one’s views and reviews through words is beyond intriguing. What started as a creative let out has now become a passion and a profession for Arshmeet K Hora. In her own words ” with every word, every article that I write, my passion towards this medium has grown stronger.”  Arshmeet covers latest crypto news and updates as well as what happening new revolving around Blockchain Technology.

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