HomeNewsZilBridge v2 Launches with Support for Ethereum, Polygon, Arbitrum on Zilliqa Network

ZilBridge v2 Launches with Support for Ethereum, Polygon, Arbitrum on Zilliqa Network

- Advertisement -
  • ZilBridge v2 launched with support for Polygon, BSC, and Arbitrum, a major upgrade to the existing Ethereum-Zilliqa bridge.
  • The upgrade improves cross-chain interoperability and adds the ability to transfer ZIL between Zilliqa and three additional blockchains.

Switcheo Labs has launched ZilBridge v2, an upgrade to the Ethereum-Zilliqa bridge powered by the Carbon Network. This upgrade brings support for three additional blockchains: Arbitrum, Binance Smart Chain (BSC), and Polygon, allowing for cross-chain interoperability and easier asset transfers for Zilliqa users. The new version of ZilBridge removes the transfer key requirement, simplifying the process of moving assets between Zilliqa and other supported chains.

Zilliqa NFTs showcased during Metaverse Fashion Week

As part of the upgrade, the team has introduced $ZIL to Arbitrum, Polygon, and BSC, as well as two new wrapped tokens to Zilliqa – $zBNB and $zMATIC. This gives Zilliqa wallet holders more options for managing and moving their assets across multiple chains, making it a significant step forward for the Zilliqa ecosystem.

In addition, Zilliqa-based NFTs were showcased during Metaverse Fashion Week by Dr. Death. The NFTs are part of their 10K collection and highlight the interoperability of the Zilliqa blockchain.

EVM compatibility coming to Zilliqa mainnet on April 25th

Ethereum Virtual Machine (EVM) compatibility is coming to the Zilliqa mainnet on April 25th, which is expected to be another significant step forward for the ecosystem. This release will enable developers to deploy Ethereum smart contracts on the Zilliqa blockchain and benefit from its high-throughput capabilities.

Mining pools for Zilliqa have been added by f2pool and Poolin, giving more options for miners to earn rewards while contributing to the security of the network.

These recent developments highlight the continuous growth and expansion of the Zilliqa ecosystem, making it an exciting time to be part of the community. Users can try out the upgrades to ZilBridge by visiting the official website and experiment with bridging assets between Zilliqa and other popular blockchains.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Godfrey Benjamin
Godfrey Benjamin
Godfrey Benjamin is an experienced crypto journalist whose primary goal is to educate everyone about the prospects of Web 3.0. His love for crypto was sparked during his time as a former banker when he recognized the clear advantages of decentralized money over traditional payments. Business Email: info@ethnews.com Phone: +49 160 92211628