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Crypto & Bitcoin

Zilliqa Ends Nine-Year Layer 1 Run With Ethereum-Based Institutional Pivot

Reported by Whitney Nyantune, Coin Edition

Image: Coin Edition

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 Institutional Pivot On Coin Edition .

This is an excerpt. The reporting belongs to Coin Edition.

Read the full report on coinedition.com
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