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Home»Eheterum»Zilliqa (ZIL) Founder Explains Why Ethereum (ETH) Is Better Than Other L1s
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Eheterum

Zilliqa (ZIL) Founder Explains Why Ethereum (ETH) Is Better Than Other L1s

adminBy adminAugust 1, 2022No Comments2 Mins Read
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Vladislav Sopov

Zilliqa (ZIL) Network Celebrates 5th Anniversary with Mainnet Relaunch After Unexpected Outage

content

  • Zilliqa (ZIL) has rebooted its mainnet within 24 hours
  • Zilliqa (ZIL) celebrates 5th anniversary, Amrit Kumar identifies innovators and imitators

Zilliqa (ZIL), the first sharded blockchain to use smart contracts, has resumed operations after a forced pause. Here’s how the team dealt with the “challenge” and what the founders love about Ethereum (ETH).

Zilliqa (ZIL) successfully rebooted its mainnet within 24 hours

According to an official statement shared on the main Zilliqa (ZIL) website, its mainnet has been relaunched after its collapse. In an official postmortem, the team shared the root cause of the issue.

dear ones,

Mainnet restoration of v8.1.2 has been completed (20:00 UTC on July 30, 2022).

See https://t.co/gMJutMaERn for what happened.

We apologize for the inconvenience.

Sincerely,
zilliqa team

— Zilliqa (@zilliqa) July 30, 2022

According to the statement, one built-in function call in Zilliqa’s programming language Scilla (ecdsa_recover_pk) was not handled correctly by the integrated OCaml secp256k1 library.

As a result, the Zilliqa (ZIL) mainnet block is no longer added to the blockchain. The team was forced to update binaries running on the Zilliqa (ZIL) miner. On July 30, 2022, the recovery update was completed.

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The Zilliqa (ZIL) node operator is now updating their software so that blocks are added correctly. As such, some stakers may experience delays in getting rewards for their participation.

Zilliqa (ZIL) celebrates 5th anniversary, Amrit Kumar identifies innovators and imitators

Note that Zilliqa (ZIL) has reopened its network on the day of its 5th anniversary. Zilliqa (ZIL) was launched on the mainnet on July 31st, 2017.

Zilliqa founder Amrit Kumar (he stepped down from his role at Zilliqa on May 29, as reported by U.Today) has been a key contributor to Ethereum (ETH) and other successful blockchain “secrets.” We took the time to discuss the source of

He said that Ethereum (ETH) has always championed a long-term innovative vision, rather than copying other strategies that quickly became successful.

With constant innovation, Ethereum has survived the last few years despite all its problems. Most if not all other L1s stopped innovating soon after launch and instead started mimicking short-term success strategies. Bitcoin cannot and should not be like other L1s.

Kumar added that Bitcoin (BTC) should stick to the same innovative spirit.

ETH Ethereum explains Founder L1s ZIL Zilliqa
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