Zilliqa Shifts to Ethereum Layer 2 in Major Institutional Pivot
7 Articles
7 Articles
Zilliqa Gives Up on Its Own Chain After ZIL Loses 99%
Zilliqa will stop running as an independent blockchain and rebuild itself as an Ethereum Layer 2 for regulated institutions. The team openly says weak adoption, scarce funding and rising security costs made its own network unsustainable. ZIL keeps its ticker and holders do not need to act yet, although the token’s economic role in the [...]
Zilliqa Abandons Layer 1 to Build Institutional Ethereum L2 Blockchain News ETHNews
Zilliqa is abandoning its standalone Layer 1 strategy after nine years, citing insufficient adoption, declining liquidity and rising security costs. Its proposed institutional network introduces pre-settlement identity verification through vLEIs, with a mediation architecture designed to separate compliance from settlement. The transition leaves unresolved questions about ZIL token economics, legacy-chain continuity and the security guarantees […
Zilliqa Shifts to Ethereum Layer 2 in Major Institutional Pivot
TLDR: Zilliqa is replacing its standalone Layer 1 with an Ethereum-secured institutional Layer 2 network. The new Zilliqa network will integrate vLEIs to support institutional identity verification and compliance. Liechtenstein’s LTIN will operate the sequencer and become a qualified vLEI issuer for Zilliqa. Existing ZIL holders need no immediate action as Zilliqa prepares technical and [...]
Zilliqa Ends Nine-Year Layer 1 Run With Ethereum-Based Institutional Pivot
Zilliqa will end its nine-year run as an independent blockchain and move to an Ethereum Layer 2 network for regulated financial institutions. Announced November 5, the shift follows weak adoption, declining funding and rising security costs. The Zilliqa Institutional Layer (ZIL) will use Ethereum for security and add identity checks. The project will retain its […] Read The Full Article Zilliqa Ends Nine-Year Layer 1 Run With Ethereum-Based Inst…
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