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Zilliqa Launches First Compatible EVM Version: A New Chapter in ZIL’s Blockchain Journey

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According to reports, the official blog of the Layer1 blockchain Zilliqa announced that the first fully compatible version of EVM will be launched on the main website on April 25.

Zilliqa Launches First Compatible EVM Version: A New Chapter in ZIL’s Blockchain Journey

According to reports, the official blog of the Layer1 blockchain Zilliqa announced that the first fully compatible version of EVM will be launched on the main website on April 25. Users will be able to transfer native ZIL using wallets such as MetaMask, and deploy Solidity smart contracts using tools such as Truffle and Hardhat. It is reported that Zilliqa launched the EVM compatibility testing network in December 2022, aiming to introduce a broader blockchain developer community for Zilliqa.

Zilliqa will launch the first fully compatible version of EVM on the main network on April 25th

Zilliqa, the blockchain platform renowned for its unique sharding technology, is all set to create a buzz in the crypto industry with its latest development—the release of the first fully compatible version of the Ethereum Virtual Machine (EVM) on its main website. On April 25, users can start using Zilliqa’s native token ZIL and deploy Solidity smart contracts using tools like Truffle and Hardhat.

Background

Zilliqa is a high-throughput blockchain platform designed to solve scalability issues, making decentralized applications (dApps) faster, more stable, and secure. Essentially, the platform achieves this by using sharding technology. Sharding is a data partition process that splits a single blockchain network into small groups (shards); each shard is capable of conducting its transactions.
Launched in 2017, Zilliqa has had a fair share of achievements, including being the first public blockchain project to use sharding technology. Zilliqa’s tech offers superior benefits over other blockchain platforms, including faster transaction processing, scalability, reliability, and lower costs.

Zilliqa’s New Development

According to reports, Zilliqa has launched its first EVM-compatible version. This is the culmination of the EVM compatibility testing network introduced in December 2022, which aimed to introduce a broader community of blockchain developers to Zilliqa. With the new launch, Zilliqa’s user base will expand, providing increased scalability and a more extensive reach.
Following the launch, users can transfer native ZILs using wallets such as MetaMask and deploy Solidity smart contracts using Ethereum-compatible tools like Truffle, Hardhat, and Remix. The compatibility with Ethereum-based standards also means that developers can migrate their existing decentralized applications to Zilliqa quickly.

Benefits of the New Compatible EVM Version

The launch of the EVM-compatible version will mean that Zilliqa can now interact with other blockchains, resulting in increased blockchain interoperability. Users who advocate for blockchain interoperability will be ecstatic with this development as it enables transactions and information sharing between different blockchain networks.
The EVM-compatible version will also enable developers to deploy dApps on Zilliqa with ease, providing benefits such as faster transaction processing and higher throughput. This means that developers can build and deploy dApps for gaming, NFTs, and other industries that require high-speed and scalable throughput on Zilliqa without worrying about limitations.

Conclusion

The launch of the first fully compatible version of the EVM marks a new milestone in Zilliqa’s blockchain journey. With increased interoperability and more use cases, the platform will become an ideal solution for developers looking to build high-speed and scalable dApps. It’s also notable that with the development, Zilliqa is increasing its reach in the crypto community, which is crucial in attaining long-term growth and success.

FAQs

1) What is Zilliqa’s sharding technology?
Zilliqa’s sharding tech is a data partition process that splits a single blockchain network into small groups (shards), and each shard is capable of conducting its transactions.
2) What are the benefits of using Zilliqa?
Zilliqa provides superior benefits over other blockchain platforms, including faster transaction processing, scalability, reliability, and lower costs.
3) Will developers be able to deploy smart contracts on Zilliqa?
Yes. With the new launch, developers will be able to deploy Solidity smart contracts using Ethereum-compatible tools like Truffle, Hardhat, and Remix.

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