Zilliqa (ZIL) is a blockchain platform that is designed to scale in an open, permission-less distributed network securely. The core feature that makes Zilliqa scalable is sharding — dividing the network into several smaller component networks (called shards) capable of processing transactions in parallel.
On August 6, the Zilliqa team announced that mainnet launch is postponed and is now scheduled for the end of this year or January 2019.
The team will also be leveraging the additional time to:
- Conduct thorough security audits
- Prepare for and execute the token swap
- Integrate with wallets
- Develop toolchains
- Bring more dapps onboard
“We apologize for the delay but we firmly believe that it is in the best interest of the long-term future of the project and would like to seek your support and understanding”, – writes the Zilliqa team.