Zilliqa (ZIL) Mainnet Launch Scheduled for Dec 2018/Jan 2019
It has been mentioned across the crypto-verse, that one of the best things to do during a bear market, is to concentrate on the latest developments of our favorite blockchain projects. Recapping on the last Zilliqa (ZIL) update, we find that the team at ZIL had reported on the following during the early days of August:
Mainnet launch to be pushed to the end of the year or in January 2019. The initial roadmap had earlier stated that the Mainnet would be launched in Q3 of this year, but the team needs more time to work on a few more things such as: security audits, prepare for token swap, integration of wallets, develop tool-chains and bring more DApps onboard
Zillqa partnering with Infoteria, which is a leading enterprise software company in Japan
Scilla and Tech Updates: merging the two PoWs, into a single PoW; a library using OpenCL to support GPU mining for the Ethash-based PoW; and improving sharding
Latest Updates and Roadmap
The team has since issued a new update via their medium page that states the following project progresses and scheduled time frames:
Q3 2018: Support for Sharding-friendly Smart Contracts
The team will be working on supporting smart-contract sharding with full functionality of Scilla. This will include all primary features/functionalities for the core protocol, including sharding-friendly smart-contract implementation, adjustment of PoW difficulty, GPU mining and new node joining.
Q4 2018: Large-scale Tests and Security Auditing
The team will be opening up the system to the public to allow users to join and mine test tokens. This time period will also include the thorough large scale testing and security auditing of the platform.
Dec 2018/Jan 2019: Mainnet launch
The exact date will be announced and will include a public launch with toolchains for developers and applications for users.
The team has employed prudent risk management measures to financially support high quality research and development for the next 4 years regardless of the crypto-market volatility. This means that the team will be more focused on the project than the finances during this crucial time period of the project’s ‘infancy’.
In conclusion, the Zilliqa project continues to develop smoothly and with an ever working team to ensure it is the most secure and scalable blockchain solution by the time the Mainnet is launched.
Disclaimer: This article is not meant to give financial advice. Any opinion herein should be taken as is. Please carry out your own research before investing in any of the numerous cryptocurrencies available.