SINGAPORE, Sept. 11, 2024 — Zilliqa, the established layer-1 blockchain platform that pioneered sharding technology, is thrilled to announce the launch of the Jasper proto-testnet for Zilliqa 2.0, the initial release in its roadmap for its new, upgraded network designed to drive widespread adoption of Web3.

This significant milestone marks the public availability of the first Zilliqa 2.0 proto-testnet, representing a crucial initial step in the rollout of its new network. This network promises to deliver a highly efficient and scalable blockchain, aiming to make Web3 as user-friendly as the internet. The release of Jasper marks the first step on the roadmap for Zilliqa 2.0, each of which will see the network expanded with further functionality according to the protocol’s .

The Jasper proto-testnet introduces Zilliqa 2.0’s new Proof-of-Stake consensus mechanism, which enables lightning-fast transactions at low cost while maintaining energy efficiency and scalability to meet the needs of businesses and developers globally. This early version of the Zilliqa 2.0 network allows developers and validators to explore the enhanced capabilities of the new network and experiment with running a validator node and earning rewards for contributing to network security.

The proto-testnet offers other foundational features such as EVM (Ethereum Virtual Machine) compatibility and support for Scilla smart contracts. The network will continue to undergo active development as work on Zilliqa 2.0 progresses. The Zilliqa tech team will collaborate closely with developers and validators to discuss their feedback and mitigate the impact of any bugs or downtime encountered while testing this early, proto-testnet version of the Zilliqa 2.0 network.

Future milestones include the release of the Zilliqa 2.0 mainnet and the gradual introduction of features such as x-shards and smart accounts, which will deliver unprecedented customization and accessibility.

A core aspect of Zilliqa 2.0’s design is its ability to adapt to the scaling and security needs of the applications running on it, allowing businesses and developers to build on a platform that meets their requirements while seamlessly integrating with the global Web3 ecosystem and audience. Zilliqa 2.0’s simplicity and powerful customization position it as the ideal white-label solution for businesses seeking to leverage the benefits of Web3.

Whether a company or developer aims to launch their own digital assets, build decentralized applications (dApps), or create new digital experiences, Zilliqa 2.0 will provide the infrastructure to do so efficiently and at scale.

Commenting on the release of the Jasper proto-testnet for Zilliqa 2.0, Zilliqa Head of Research Zoltan Fazekas stated:

“This launch marks a significant step forward in realizing our vision for Zilliqa 2.0. The Jasper proto-testnet is not just a test environment – it’s the beginning of a new era in blockchain technology, where speed, efficiency, and user-friendliness converge. We invite developers and businesses to join us in exploring the possibilities of this groundbreaking network.”

With the launch of Jasper, Zilliqa is inviting potential new validators worldwide to onboard and test the network as pioneers of Zilliqa 2.0. This is an opportunity to play a key role in the future of the network and earn sustainable rewards by contributing to its security and resilience. Developers and potential validators are encouraged to to get started with the Jasper proto-testnet.

About Zilliqa

Zilliqa is the industry-recognized layer-1 blockchain founded in Singapore in 2018. The blockchain serves as a versatile foundation that facilitates a wide array of Web3 applications and services across numerous sectors, including luxury and entertainment. It provides a robust platform for both emerging startups and established enterprises.

The next evolution of the network, Zilliqa 2.0, offers a user-centric and customizable layer 1 infrastructure designed to drive the widespread adoption of Web3. Currently rolling out its testnet with the mainnet launch planned for Q4’2024.

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SOURCE Zilliqa Research Pte. Ltd.