Zilliqa's Roadmap to 2.0: Zero Inflation and Blockchain Evolution

Zilliqa's Roadmap to 2.0: Zero Inflation and Blockchain Evolution

Zilliqa, the layer-1 blockchain project, has unveiled its Zilliqa 2.0 whitepaper and roadmap. This ambitious plan outlines Zilliqa's vision for the future, including a transition from Proof-of-Work to Proof-of-Stake, the introduction of X-shard, and the implementation of on-chain smart accounts. At the heart of Zilliqa 2.0 is the goal of achieving zero inflation. This will be accomplished through monthly adjustments of gas fees and staking rewards. By carefully balancing these factors, Zilliqa aims to create a sustainable and deflationary ecosystem. The transition to Proof-of-Stake is a significant change for Zilliqa, and it will bring several benefits. Proof-of-Stake is more energy-efficient than Proof-of-Work, and it also reduces the risk of centralization. Additionally, Proof-of-Stake will allow Zilliqa to scale more easily. X-shard is a new sharding technology that will be introduced in Zilliqa 2.0. X-shard will allow Zilliqa to process more transactions simultaneously, thereby increasing its throughput. This will make Zilliqa more competitive with other layer-1 blockchains. Finally, Zilliqa 2.0 will introduce on-chain smart accounts. Smart accounts are programmable accounts that can be used to automate complex tasks. This will make it easier for developers to build and deploy decentralized applications on Zilliqa. The Zilliqa 2.0 roadmap is a bold and ambitious plan that has the potential to transform the blockchain landscape. By focusing on zero inflation, scalability, and decentralization, Zilliqa is positioning itself as a leader in the next generation of blockchains.