TL;DR Monthly Halving of Mining Rewards: Starting October 2024, Zilliqa will reduce mining rewards by 50% each month, aiming to align miner incentives with the upcoming Proof-of-Stake (PoS) transition. Community-Driven Decision: The halving mechanism was approved by a decentralized governance vote, with 97% of gZIL holders supporting the change, reflecting strong community commitment.

Public blockchain network Zilliqa has activated a new mechanism that will see mining rewards halved for the next three months. On Oct.

Zilliqa has announced that the community proposal to halve monthly mining rewards has passed, marking a significant step as the project prepares to transition to a proof-of-stake (PoS) network. The news boosted Zilliqa's (ZIL) price, which surged 8% in the past 24 hours, reaching levels last seen in late September.

The crypto market adopted a bearish outlook following the recent economic figures. Early today, the United States Bureau of Labor Statistics revealed that the yearly inflation jumped to 2.4% and up 0.2% in September, surpassing market expectations.

Zilliqa has announced a “permanent fix” to a bug problem that caused the blockchain to halt transactions over the weekend. Developers for the project explained via a tweet on X that they were resolving a bug that disabled the network from creating new blocks.

The Zilliqa blockchain network faced back to back systems bugs last week which led to complete halting of block production. The development team has restored the blockchain for validators.

Zilliqa developers have announced a permanent fix for a bug that compelled the blockchain to halt transactions over the weekend.

Zilliqa faced two significant bugs on Sept. 27 and 29, slowing and halting block production

Zilliqa (ZIL) stands out as a pioneering project that introduced sharding technology to the blockchain. Currently priced at approximately $0.015, many investors are eager to know if ZIL will reach $0.02 by the end of 2024 and beyond.

Story Highlights Nervos Network price prediction estimates a high of $0.078 by the end of the year 2024. The live price of the CKB token is With a potential surge, the Akash Network's price may record a high of $0.4005 during the year 2030.

Story Highlights The live price of the Zilliqa crypto token is . ZIL price could claim its potential high of $0.028 in 2024. The Zilliqa price may reach a high of $0.19 by 2030. The crypto-verse has been generous with newer innovations, as marketers' interest in crypto projects is diverse from mainstream projects.

Nervos Network (CKB) has seen a sharp surge in its price, rising by over 140% in September, largely driven by its listing on South Korea's Upbit exchange. However, despite its strong upward momentum, signs indicate that the bullish trend may be losing steam.

CKB is the most flexible and interoperable blockchain. It serves as the ultimate foundation of Nervos, a modular blockchain network built from the ground up to ensure outstanding security, decentralization, flexibility, and interoperability.

As Bitcoin consolidates, CKB and SUI lead the top gainers while the market anticipates the upcoming Federal Reserve rate decision.

In this bearish market sentiment, Nervous Network (CKB) is gaining significant attention from investors and traders due to its impressive performance and substantial whale activity. In recent days, while other major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have struggled to gain momentum, Nervos's CKB has skyrocketed by 100%.

Nervos Network (CKB) extended its rally, despite losing the Upbit premium. CKB peaked at $0.02, potentially expecting renewed price discovery after Upbit took up 64% of the token's volumes.

The Nervos Network saw an explosive increase in trading activity. The trading volume for CKB jumped dramatically from $5.94 million to an astonishing $264 million within just one day.

Cardano and Zilliqa work together to forge stronger connections and advance a more unified blockchain future.

Zilliqa Group, the web3 platform behind the Zilliqa (ZIL) blockchain, has partnered with EMURGO, the blockchain company supporting Cardano (ADA) development and adoption. This alliance aims to create a bridge between the ADA and ZIL blockchain ecosystems, leveraging the strengths of both platforms to promote interoperability and innovation.

Long-term Nervos Network investors can be confident of another rally, but short-term volatility was a threat

In the fast-moving world of cryptocurrency, where innovation is the name of the game, whales , those big-time investors who hold vast amounts of crypto — are always on the hunt for the next big opportunity.

As the broader market recovery takes a minor pause, an entry opportunity arises in the top-performing altcoins for missed-out traders. With Bitcoin back to $58,500, these altcoins are ready to coil up trend momentum for a massive upside wave.

As the global crypto market cap crosses $2.10 Trillion, the price of Bitcoin has successfully reclaimed the $60,000 mark. Moreover, with a jump of 10.63% over the past week, it is currently valued at $60,226.36. Following this, altcoins have recorded a massive uptrend in their respective valuation.

Nervos Network (CKB) had an impressive run on Friday, September 13, hitting $0.018—its highest price since June 7. This surge made it one of the top-performing cryptocurrencies of the day!

Nervos Network's CKB token outshines the competition, spiking 70% while the broader crypto market remains flat.

The Nervos Network token was one of the best-performing cryptocurrencies on Friday, Sept. 13, as it surged to a high of $0.018, its highest level since June 7.

Upbit has listed various altcoins this year, attempting to boost the trading volume on its exchange platform.

Zilliqa (ZIL) started the week with a bullish stance after breaking above a descending wedge pattern on Monday. Consequently, the altcoin saw a notable uptrend to trade at $0.01440 during this publication – a nearly 5% jump. ZIL to extend upsurges The altcoin exhibits a bullish outlook after a 3.50% increase over the past day.

ZIL, the utility token of the permissionless blockchain Zilliqa, has seen its price decrease by 37.29% this year. While holders may be hoping for a recovery, analysis suggests that decline may continue for some time.

The battle for the best blockchain for developers and users has been won by the likes of Ethereum, Solana, BNB Chain, Arbitrum, and Base. Many contenders who were hoping to take on Ethereum have faced substantial challenges and evolved into ghost chains.

According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie's Tron and Zilliqa trusts, was reportedly concluded before Abra reached a settlement with state regulators.

Abra, the digital assets and wealth management platform, purchased Tron (TRX) and Zilliqa (ZIL) among other private crypto trusts from Valkyrie Investments. Bloomberg reported on Friday that Abra acquired the private trusts just before its settlement with 25 U.S.

TL;DR Zilliqa has released its highly anticipated version 2.0, highlighting improvements in speed and compatibility with other blockchains. The x-shards sharding architecture allows for the creation of customized blockchain experiences for businesses and developers. A new proof-of-stake consensus mechanism has been introduced to enhance network efficiency and security.

Block times can also be adjusted as desired. The root mainnet shard features an average block time of just 2 seconds.

Zilliqa (ZIL) notes sideways momentum that has continued for the past few weeks, which may not be easy to break.

Zilliqa (ZIL) remains under bearish pressure after its price fell sharply amid recent network disruptions. While the ZIL token's current price saw a slight bounce to $0.022, a look at the performance over the past month indicates a downtrend. The slight recovery from the April lows of $0.

Zilliqa developers announced the complete restoration of network functionality after problems with block generation.

Following a series of network disruptions, Zilliqa has restored network functionality and is focused on debugging amid its v9.3.4 network upgrade.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $64,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,200 mark this morning.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $63,000 level on Thursday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the key $3,000 mark this morning.

Binance Pool has recently announced the launch of the Nervos Network (CKB) mining service, offering users the opportunity to mine CKB with zero pool fees during the promotion period. Find out how to get started and take advantage of this exciting opportunity.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $63,000 level on Tuesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,100 mark this morning.

These are the best altcoins to buy and hold for the next 18 months, as they will likely skyrocket by 5x or 10x during that period.

Amid a widespread price correction affecting the majority of the top 100 cryptocurrencies, one digital asset has defied the trend, surging to impressive heights. Nervos Network, along with its native token CKB, has not only recorded significant gains but has also climbed to the 79th rank in the market, raising questions about the factors behind its surge.

These are the cryptocurrencies to buy as they represent altcoin ideas that are likely to multiply five times in the next 18 months.

Nervos is a layered crypto-economy network. Nervous separates the infrastructure of a crypto-economy into two layers: a verification layer (layer 1) that serves as a trust root and smart custodian, and a generation layer (layer 2) for high-performance transactions and privacy protection.

With the anticipations of a bull run in the crypto market in April, certain altcoins are coming closer to their all-time high levels. Further, with the high potential of a new bull run to set new peaks, investors and whales are on the lookout for these altcoins.

Cryptocurrency prices drifted upwards during the weekend as the Grayscale Bitcoin Trust (GBTC) liquidations continued. They also retreated after the federal government transferred $2 billion worth of Silk Road coins to Coinbase. Bitcoin retreated to a low of $65,000 while the market cap of all coins dropped to $2.5 trillion.