The Zilliqa team has finally set a date for the launch of the mainnet. Investors and advocates of the project can now work towards January 31st 2019, as on that day, the ZIL project will move to its own blockchain. The mainnet launch was originally scheduled for the fourth quarter of 2018 but was later postponed by the team to ensure that they release a solid, secure and reliable product. They had asked for more time from the Zilliqa community to put the finishing touches on the platform.
January 31st confirmed
The team at ZIL confirmed the date through a recent Ask Me Anything (AMA) programme carried out on the social media platforms of Reddit and Telegram.
Also noteworthy is that the team will release the third version of the Testnet by the end of November before the Mainnet is released. The team plans to issue mining guidelines for the Zilliqa platform during the release of the third Testnet.
Safety and Security Audits
The ZIL project team has made the Zilliqa community aware that the platform has passed through safety and security audits conducted by 3 individual companies. They also stated that the findings from the audit were not severe and the report will be made public as soon as possible.
Token Swap Window
In the just updated Roadmap of the project, the token swap to the new ZIL on the new blockchain from the ERC20 tokens will begin at the end of Q1, 2019. The token swap will linger into the second quarter of 2019. It is hoped that the time frame that covers several months will create enough opportunity for owners of ZIL to swap their tokens. The token swap will be boosted by various prominent exchanges.
When questioned on the vision of the project for the next 3 – 5 years, the team said:
“We have a goal of becoming the top platform in the next year. Apart from that, we want to keep pushing the blockchain technology forward and revive the latest scientific research in a way that is useful and relevant – we believe that Zilliqa can only be disrupted by Zilliqa. We are hung up on being the enabler of business use cases – profitable or non-profitable – that can gain from the more frictionless flow of information, data and resources.”