Search Coins

NFT Collection The Superlative Secret Society Price, Stats, and Review

cryptodaily.co.ukin 3 years
-2

Bitwise CIO predicts $1T BTC inflow via ETFs from institutional investors

crypto.news5 minutes ago
0

Analysts evaluate XRP and Polygon performance; highlight RECQ presale prospects

crypto.news12 minutes ago
0

On the Halving, Bitcoin is Getting New Technologies: Rollups and Tokens. Sovryn’s New Initiative is How to Get In Early

news.bitcoin.com15 minutes ago
0

Lazarus laundered $174m in ETH stolen from HTX, moved assets to Bitcoin

crypto.news32 minutes ago
0

SHIB, DOGE admirers turn their gaze to Koala Coin

crypto.news38 minutes ago
0

Ethereum Founder Buterin Lays Out ‘What Else Memecoins Could Be’

bitcoinist.coman hour ago
0

‘Trust in Authority’ Sustains Popularity of Centralized Exchanges in Latin America, Says Ricardo Da Ros

news.bitcoin.coman hour ago
0

Ripple Payments Available On Uphold For Institutional Investors

coingape.coman hour ago
0

Wyckoff ‘SOS’ Could Catapult Bitcoin To $100,000: Hedge Fund Manager

www.newsbtc.coman hour ago
0

Google Introduces Cryptocurrency Wallet Balance Check via Search Engine

news.bitcoin.coman hour ago
0

SBF Is Going to Prison for 25 Years

www.coindesk.coman hour ago
0

Milei Moneda gains attention amid ADA, SOL market movements

crypto.newsan hour ago
0

11 Best Free Crypto Sign-Up Bonus Offers in April 2024

coindoo.coman hour ago
0

Your Ultimate Guide on How to Find Coinbase Wallet Address

coindoo.com2 hours ago
0

XRP, FLOKI see major market gains; new memecoin poised to excel

crypto.news2 hours ago
0

Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit

news.bitcoin.com2 hours ago
0

Bitwise applies for Ethereum ETF; Bitbot presale gathers steam with price expected to rise to $0.0141

coinjournal.net2 hours ago
0

WIF flips PEPE to become #3 memecoin: Is SHIB next on its list?

ambcrypto.com2 hours ago
0

Bullish Winds Blow: Bitcoin Bull Flag Points To New $77,000 ATH: Analyst

Dogwifhat Becomes Third-Largest Meme Coin as Bitcoin Clings to $70K

www.coindesk.com2 hours ago
0

Darknet markets saw crypto revenues rise in 2023 despite global crackdown

crypto.news2 hours ago
0

BTC, ETH navigate market shifts as KangaMoon enters the spotlight

crypto.news3 hours ago
0

Yolo Investments backs TON in widespread $8m investment

ambcrypto.com3 hours ago
0

Detained Binance’s executives sue Nigerian government, report says

crypto.news4 hours ago
0

Zilliqa (ZIL) Releases Testnet v3 in Preparation for the Mainnet Launch

Nov 30, 2018 4:33 PM +00:00
0

Earlier today, the team at Zilliqa (ZIL) announced  the launch of the third version of the project’s Testnet that includes new features. Testnet v3 has been code-named Mao Shan Wang keeping the tradition of naming the project’s testnets after the Durian family of fruits. Version 1 was code-named Red Prawn and Version 2 was code-named D24.


Xinshu Dong, CEO at Zilliqa, went on to explain the significance of this testnet launch as follows:



This is a major technical milestone — as far as we know, this is the first fully-fledged testnet in the world to implement network, transaction, and smart contract sharding.


This specific testnet has addressed some of the security issues discovered by our security auditors, and added required safety checks and extra enforcement mechanisms to improve the stability of the system.



Testnet v3 Similar to the Upcoming Mainnet


The launch of the Mainnet has been scheduled for the 31st of January and this new Testnet has features similar to the upcoming Mainnet. These features include:



  • The full-scale implementation of Scilla programming language across the network. New nodes can now execute contracts

  • Implementation of smart contract sharding, transaction sharding and network sharding

  • Public mining of testnet ZILs in an eco-friendly manner as GPUs only run at full load for a small fraction of time

  • New incentive mechanism that reward nodes by considering their contributions to the consensus protocol

  • New easier and efficient upgrading protocol


How to Mine on Testnet v3 – Mao Shan Wang


Full details and documentation on how to carry out mining will be made available by the team this Monday, December 3rd, 2018. This will provide timely technical support and bug-fixing for the network’s miners.


The team at Zilliqa has however provided the following technical specifications to run a node on the public testnet.



  1. Ubuntu 16.04.5 64-bit OS

  2. Intel i5 processor or later

  3. 8GB DRR3 RAM or higher


  4. Optional: GPU cards (e.g 1 x GTX 1060 with 3GB vRAM)

  5. NAT environment with UPnP feature supported on your router or a public IP address


What are your thoughts on the Zilliqa project? Do you believe it will become a game-changer in the blockchain and crypto space? Please let us know in the comment section below.


Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.


The post Zilliqa (ZIL) Releases Testnet v3 in Preparation for the Mainnet Launch appeared first on Ethereum World News.

Share This Article


Get the most out of CoinFi News!

Save coins into your Watchlist and be the first to know about the latest market moving news.