Automate
Trades Maximize
Profits

Zilliqa [ZIL] Gears Up for Next Testnet Version Release with New Updates

Anjali Tyagi
June 12, 2018 Updated October 5, 2024
Anjali Tyagi

Anjali Tyagi

Contributor
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Zilliqa Google integration

Zilliqa shared the latest updates about the developments going on with the smart contracts and scilla as it prepares for the release of the next version of its testnet. When in April, Zilliqa released its testnet, ZIL price took a great hike and with its mainnet coming up in q3 of this year, expectations are huge.

New updates are here

With the Zilliqa Mainnet launch coming up in the next quarter, the team is aggressively working on the next version of its Testnet. In its official blog post, Zilliqa team talked about the developments going on for the next version of Testnet along with Scilla.

Scilla is basically a new smart contract programming language developed by Zilliqa which “aims to be developer friendly and more secure than Solidity (the programming language of Ethereum).”

Thye goes on to explain the completion of “implementation of view-change” protocol with new view-change blocks in DS committee. This will allow the timely replacement of a “malicious or non-functioning leader” by notifying a timeout.

Furthermore, the

“integration of account storage with smart contracts” has been achieved by refactoring the AccountStore class into polymorphism pattern. Also, a temporary AccountStore data structure has also been implemented along with separating “the logic of handling accounts from the ones for persistent storage.”

They also shared the development on the DecOps side, that involves refactoring testnet deployment script for better maintainability”. It further has the integration of “Zilliqa Explorer application to (our) Kubernetes-backed internal testnet along with other developments.

Also, read: OKEx & Binance Announces Support for Ontology [ONT] Token Swap

ZIL up for good things

As for the Scilla, a logger mechanism has been implemented for its interpreter along with a global configuration setting. Additionally, support for sample contracts such as ERC-20 like contract and a “ping-pong contract in Scilla” has been implemented.

“A lighter implementation of a full application binary interface (ABI) generator” has been introduced for the client side. With this, one will be able to sign contract-related transactions, deploy a smart contract, and transfer funds.

The team shared their excitement of upcoming testnet with,

“We are very excited to soon share with the world the next version of our testnet, which will allow users to actually begin testing smart contracts.”

Apart from the network updates, Zilliqa attended several conferences and events and represented the cryptocurrency. Zilliqa has been making serious contributions towards its scalability which has this cryptocurrency so popular.

In April, during the time its testnet was released, ZIL price took the surge of over 30 percent. From 41st rank, the journey of Zilliqa to the 26th position now has been a gradual increase till May. After which it went through a lot of ups and downs.

According to Coinmarketcap, ZIL price is at $0.1 with a loss of 1.24 percent in the last 24-hours. With a market cap of $738 million, its daily trading volume is $42 million.

What are your views on the latest ZIL developments? Share your thoughts with us!

Advertisement
coingape google news

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Newsletter
Your crypto brief.
Delivered every day.
  • Insights that move markets
  • 100,000 active subscribers
By signing-up you agree to our Terms and Conditions and Privacy Policy.
About Author
About Author
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
Black
Friday 50% Off
Sale
Cross