The Zilica 2.0 update improves speed and chain compatibility
Blockchain network Zilica has officially released the whitepaper and roadmap for its highly-anticipated version 2.0 update, which will run on the mainnet later in 2024.
According to the network, the new version promises to improve the platform, making it faster, more efficient and able to work with other blockchain networks.
New features in Zilica 2.0
At Zilica 2.0's core is a sharding architecture, called x-shards. This feature allows businesses and developers to create blockchain experiences tailored to their needs, allowing users to build whatever they can imagine on the Zilica platform.
Sharding is a technique used in blockchain and database systems to increase the performance and scalability of blockchain networks. It makes them more efficient and able to handle more transactions without slowing down.
In addition to x-shards, the white paper introduces a new proof-of-consensus mechanism that replaces the power-intensive proof-of-work system. This change makes the network more environment-friendly, with much faster throughput and increased security.
Blocking times can also be adjusted as desired. The root mainnet shard shows an average block time of two seconds. The network update also features a cross-chain communication hub, which makes it easier for x-shards, Zillica Minet, and other Ethereum Virtual Machine (EVM)-compatible blockchains to interact.
Zilica 2.0 is compatible with EVM, allowing it to run smart contracts written in languages like Solidity and work seamlessly with popular wallets like MetaMask.
Related: Zilica's on-chain transactions hit ‘technical issue'
The network will continue to support Scilla and allow both contract languages to work together peacefully. Additionally, it includes features like EVM-compatible account summarization, enabling smart bills and easy token conversions for gas payments.
The network Tokinomics has also been updated to support the switch to proof-of-stake. This change will reduce inflation and provide attractive and sustainable rewards to those who stake their tokens.
Zilica wave
The release of Ziliga's white paper and roadmap follows a number of operational disruptions that have affected production on the main network. However, full network functionality was restored.
In December 2023, “outage to block production” daily Zilliqa blockchain transactions fell by approximately 50%, from 61,000 to 30,906.
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