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The interoperable future of Zilliqa 2.0 and blockchain

2024-09-21 02:49:36

Blockchain technology is reshaping our understanding of digital value and creating a transformative industry of decentralized applications (dApps). As the industry matures, interoperability is one of the biggest challenges today. Different blockchain networks develop independently and cannot communicate effectively, which not only limits the potential of decentralized applications, but also affects the overall user experience.

Zilliqa firmly believes that the future of blockchain lies in an interoperable framework that enables seamless interaction between different blockchains, thereby simplifying the user experience and unlocking more value for developers and enterprises. In the upcoming Zilliqa 2.0 network upgrade, interoperability is our top priority, and our vision for a connected, multi-chain future is becoming clearer.


Easy to join and build network

Zilliqa 2.0’s core mission is to build an interoperable blockchain future, and the foundation of it all lies in its EVM (Ethereum Virtual Machine) compatible network. This update not only brings support for Solidity, allowing developers familiar with the Ethereum ecosystem to easily build and deploy smart contracts on Zilliqa, but also addresses scalability and usability challenges faced by other blockchains.

Improvements in Zilliqa 2.0 allow developers to shape the blockchain to their unique needs, including adjusting block times, privacy settings, fee structures, and more. In addition, Zilliqa 2.0 adopts a proof-of-stake consensus mechanism, which not only improves speed and energy efficiency, but also reduces block finalization time to seconds. Such infrastructure supports a scalable and interoperable blockchain network, allowing dApps on other chains to easily connect and interact, enjoying all the benefits of an efficient Layer 1, while remaining connected to the EVM ecosystem.


Create a universal cross-chain proxy

Zilliqa 2.0 introduces the Universal Cross-Chain Broker (UCCB), an infrastructure solution that connects Zilliqa with other EVM-compatible networks. UCCB simplifies the process of connecting to different networks, allowing tokens, assets and data to flow seamlessly between Zilliqa and other EVM networks. This enables developers to deploy applications that interact with the broader Web3 ecosystem without having to build them from scratch on each individual network.

This is not just a technology upgrade, but a transformation into the future. Future blockchains no longer need to exist in isolation, but can facilitate communication between blockchains. Zilliqa envisions a decentralized world where dApps can scale across networks, providing users with greater flexibility and richer application functionality.


Future plans: Interoperability roadmap

Interoperability is not just a feature on the Zilliqa 2.0 roadmap, it’s a guiding principle. Zilliqa’s long-term vision includes forming partnerships outside of its existing ecosystem to further expand the reach of blockchain interoperability. Zilliqa has exciting plans to integrate more cross-chain features and explore cooperation with other well-known networks, aiming to create a truly connected Web3 environment.

Future upgrades will continue to prioritize Zilliqa’s seamless integration with the wider Web3 space, enabling everything from cross-chain smart contracts to decentralized finance (DeFi) applications across multiple platforms. As Zilliqa’s ambitious development roadmap continues to advance, one thing is clear: the future of blockchain is not siled, but interoperable. And Zilliqa is leading this future.


Conclusion

In the current blockchain ecosystem, interoperability is key to driving industry progress. The launch of Zilliqa 2.0 is not only a technological innovation, but also a profound thinking about the future blockchain ecosystem. As more developers and enterprises join, Zilliqa will become a more open and interactive platform, allowing users to enjoy a smoother experience. The future blockchain world will become more interconnected due to Zilliqa's efforts, creating greater value for all participants.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT