Layer1 Blockchain Zilliqa to Launch EVM on Main Network

On April 25th, according to the official blog, Layer1 blockchain Zilliqa announced specific arrangements and future deployments for launching EVM on the main network. EVM compatibility will be deployed on Zilliqa’s main network as part of the update to v9.0.0 version at 16:00 Beijing time on April 25th. The network downtime will start at 16:00 on April 25th and last for up to 24 hours to facilitate the network upgrade process. During this period, the network will not process any transactions. It is recommended to suspend the main network charging and withdrawal services during the network upgrade period. After the upgrade process is completed, the network will resume normal transaction processing.

Zilliqa will launch an upgrade to deploy EVM compatibility on the main network today, and the network will be suspended for 24 hours during the upgrade period

Introduction

On April 25th, Layer1 blockchain Zilliqa announced that it would be launching EVM (Ethereum Virtual Machine) compatibility on its main network. This move is part of the update to version 9.0.0 and is aimed at improving the functionality of the network. In this article, we will explore the details of the deployment, the expected downtime, and the benefits of EVM compatibility.

What is EVM?

The EVM (Ethereum Virtual Machine) is a Turing-complete virtual machine that allows developers to create smart contracts on the Ethereum network. It is an essential component of the Ethereum ecosystem and enables the execution of smart contracts in a secure and decentralized manner. EVM compatibility allows other blockchains to utilize the Ethereum ecosystem and benefit from the vast array of tools and services that Ethereum offers.

Zilliqa’s EVM Compatibility

Zilliqa’s decision to introduce EVM compatibility on its main network is a significant development for the platform. With EVM integration, developers will be able to build smart contracts using Solidity, the programming language used by Ethereum. They will also be able to use the vast array of tools and services available on the Ethereum network, such as Metamask and Remix.

Network Downtime

The update to version 9.0.0, which includes EVM compatibility, is scheduled to take place at 16:00 Beijing time on April 25th. During this time, the network will be shut down to facilitate the upgrade process. The estimated downtime is up to 24 hours, and no transactions will be processed during this period. Network users are advised to suspend charging and withdrawal services during the upgrade process.

Benefits of EVM Compatibility for Zilliqa

The addition of EVM compatibility is expected to bring several benefits to the Zilliqa network. Firstly, it will allow developers to build smart contracts on Zilliqa using Solidity, which is a popular and widely used programming language. This will make it easier for developers to migrate their existing Ethereum-based applications to Zilliqa.
Secondly, EVM compatibility will enable Zilliqa to tap into the vast network of dApps and services available on the Ethereum network. This will increase the functionality of the network and attract more users to the platform.

Conclusion

In conclusion, the launch of EVM compatibility on the Zilliqa network is a significant development that will improve the functionality of the platform. This move will enable developers to create smart contracts using Solidity, which is the most popular programming language for Ethereum-based applications. Additionally, it will open up a vast array of tools and services available on the Ethereum network to Zilliqa users.

FAQs

1. What is EVM compatibility, and why is it essential for Zilliqa?
EVM compatibility allows other blockchains to utilize the Ethereum ecosystem and benefit from the vast array of tools and services that Ethereum offers. It is essential for Zilliqa because it will enable developers to create smart contracts using Solidity and tap into the vast network of dApps and services available on the Ethereum network.
2. What is the estimated downtime for the network upgrade process?
The estimated downtime is up to 24 hours, and no transactions will be processed during this period.
3. How will EVM compatibility benefit Zilliqa users?
EVM compatibility will increase the functionality of the network and enable Zilliqa users to access a vast array of tools and services available on the Ethereum network.