A date for the Mainnet launch has finally been set by the team at Zilliqa (ZIL). Investors and enthusiasts of the project can now look forward to January 31st 2019, as the date when the ZIL project will migrate to its own blockchain. Initially, the Mainnet launch was scheduled for the fourth quarter of 2018 but the team postponed so they could release a solid, secure and reliable product. They had requested for additional time from the Zilliqa community to carry out finishing touches on the platform.
January 31st Confirmed
The date was confirmed via a recent Ask Me Anything (AMA) session the team at ZIL held via the social media platforms of Reddit and Telegram. The full AMA session has been documented by the team and is now available online.
Also to note, is that before the Mainnet is released, the team will release the third version of the Testnet by the end of November. During the release of the third Testnet, the team will also issue mining guidelines for the platform.
Safety and Security Audits
The team also informed the Zilliqa community that the platform has undergone safety and security audits carried out by 3 individual companies. They went on to add that the findings from the audit were not critical and they will release the public report as soon as possible.
Token Swap Window
In the recently updated Roadmap of the project, the token swap from the ERC20 tokens to the new ZIL on the new blockchain will start from the end of Q1, 2019. The token swap will continue into the second quarter of 2019. The time frame that covers several months will provide ample time for owners of ZIL to swap their tokens. The token swap will be supported by various prominent exchanges.
Vision for The Next 3 – 5 Years
When asked about the vision of the project for the next 3 – 5 years, the team had this to say:
Our goal is to become a top blockchain platform in the next year. Beyond that, we want to continue to drive forward blockchain technology and bring to life the latest scientific research in a manner that is useful and relevant – we believe that Zilliqa should be the one to disrupt Zilliqa.
We are keen to be the enabler of business use cases – profitable or otherwise – that can benefit from the more fricitonless flow of information, data and resources.
What are your thoughts on the future of the Zilliqa project? Do you believe it will disrupt the blockchain industry? Please let us know in the comment section below.