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 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.

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.

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.

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Zilliqa price continued bouncing back this week as the crypto bull run gained steam. ZIL has now risen for six straight weeks, moving to its highest point since August 2022. It was the first time for this consecutive rally to happen since 2018.

These are the top cryptos to buy for multibagger returns in the current bull market as they represent established blockchains.

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Bitcoin and other altcoins had a strong performance in 2023 as the industry went through numerous headwinds and tailwinds. The biggest tailwinds were the legal victories by Ripple Labs and Grayscale against the Securities and Exchange Commission (SEC).

Story Highlights The live price of Zilliqa is . ZIL price could possibly claim its potential high of $0.0465 by the end of 2024. Zilliqa price may reach a high of $0.158 by the end of 2030. The crypto verse has been generous for newer innovations, as the interest of marketers diverse from mainstream projects.

The Zilliqa (ZIL) core team has announced that a critical issue saw the Layer-1 blockchain halt transactions earlier today. ZIL was trading lower near $0.022 Zilliqa hits technical problem: what happend? A statement posted on X (fka Twitter) noted that the technical issue had interrupted block production on the network.

"We are still investigating & we should be able to share an update soon," wrote a Zilliqa community moderator.

On Dec. 18, the Zilliqa core team announced a critical technical issue affecting block production in their network. The team announced the development on social media and said that it is investigating the issue as a top priority.

The Zilliqa blockchain network today encountered a significant technical disruption, impacting its block production.

Zilliqa is currently working diligently to rectify the situation. So, they strongly recommend all their partners temporarily refrain from initiating any deposits or withdrawals.

These cryptos to buy have the potential to breakout in Q4 for multiple reasons, including the overall resurgence of the sector of late.

In a Nov. 6 post on X, Zilliqa, a layer-1 blockchain with almost half a million followers, shares the news of the Ionise Protocol, built on Zilliqa EVM, going live on mainnet.

Cryptocurrency prices joined American stocks in a major rally as traders waited for the important Federal Open Market Committee (FOMC) decision. The Dow Jones jumped by more than 250 points while the S&P 500 and Nasdaq 100 soared by over 0.80%.

Zilliqa (ZIL) price has moved sideways in the past two months as the crypto winter continues. The token was trading at $0.017 on Tuesday, a few points above the year-to-date low of $0.0144. It has dropped by more than 54% from its highest point this year and by 93% from its record high in 2021.

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Zilliqa, a layer-1 blockchain, and GMEX Group have launched ZERO13, a carbon offset platform

The Zilliqa (ZIL) price saved a breakdown from the $0.0165 horizontal support area and is now in the process of breaking out from a descending resistance line.

Story Highlights The current price of Zilliqa is . ZIL price could possibly claim its potential high of $0.0341 by the end of 2023. Zilliqa price may reach a high of $0.158 by the end of 2030. The crypto verse has been generous for newer innovations, as the interest of marketers diverse from mainstream projects.

Zilliqa (ZIL), one of the first sharded decentralized networks, invites all holders of governance asset gZIL to take part in two referendums on potential upgrades to the blockchain's design. With the proposed upgrades, Zilliqa (ZIL) will distribute rewards in a fairer manner and save resources on processing transactions via shards.