HomeNewsBreaking News: Zilliqa (ZIL) Gears Up for a Game-Changing Upgrade - Here's...

Breaking News: Zilliqa (ZIL) Gears Up for a Game-Changing Upgrade – Here’s What You Need to Know

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  • Zilliqa network announces its transformative mainnet upgrade version 9.2.0, set to significantly boost performance and expand EVM compatibility.
  • The upgrade will introduce a range of improvements, from enhancing smart contract language interoperability to facilitating easier creation and launch of fungible tokens.

The Zilliqa network is currently undergoing a transformative upgrade to its mainnet, termed as “v9.2.” This latest development represents a game-changing step towards enhancing the network’s overall performance and expanding compatibility with Ethereum Virtual Machine (EVM).

Unfolding Zilliqa’s Major Upgrade

Launched from block number 2,994,688, this mainnet upgrade is poised to introduce several key enhancements that will significantly benefit network users, developers, and node operators. With a scheduled completion time of up to 24 hours, the Zilliqa team will promptly communicate the progress of the upgrade and appreciates the understanding of all network participants during this period.

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The improvements introduced by the v9.2 upgrade are multifaceted, aiming to augment cross-chain functionality and boost the network’s performance. One of the key advancements includes enhanced interoperability between the Ethereum Virtual Machine (EVM) and Scilla – Zilliqa’s dedicated smart contract intermediate-level language. This enhancement simplifies the process of creating, testing, and launching fungible tokens using ERC-20 and ZRC-2 smart contracts, marking a critical step towards enabling smooth cross-chain interactions.

Further improvements include enhanced testing coverage for third-party EVM contracts and full backward compatibility, ensuring that all existing Scilla contracts in Scilla release 0.13.3 remain functional post-upgrade.

Enhancements and New Features

Other upgrade features include bug fixes, increased server-side resilience, and enhanced network performance. These upgrades aim to make the network faster, more efficient, and more secure for all participants.

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For developers, the v9.2 upgrade promises an updated UI with advanced search and trace capabilities, as well as broader development platform compatibility. The upgrade also heralds the introduction of a new Developer Network, which will provide early access to new features and products, further solidifying Zilliqa’s commitment to fostering a robust, user-friendly blockchain ecosystem.

As the Zilliqa team proceeds with this substantial upgrade, it remains dedicated to providing timely updates, ensuring transparency, and enhancing the experiences of all network participants. This upgrade represents a significant step forward in Zilliqa’s ongoing mission to evolve blockchain capabilities.

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Brian Johnson
Brian Johnson
A dedicated Bitcoin journalist passionate about uncovering the latest trends, developments, and innovations in the world of cryptocurrency, while delivering engaging and well-researched articles to inform and educate readers on the dynamic digital finance landscape.
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