@zilliqa just completed a network upgrade. Five key improvements that platform users, miner and developers can expect after this release:

1⃣ Transactions can now be "soft-confirmed", as soon as they are processed within a shard. It will reduce the visible latency.

Thread 👇
2⃣ A new feature to allow tracking of transaction status. Users can now check whether their transaction was dispatched to the network, soft-confirmed, confirmed, or rejected. No more "Oops! The transaction could not be found on viewblock."
3⃣ A new governance mechanism for miners. Miners can now vote on proposals by attaching votes to their Proof-of-Work (PoW) submissions. This is in addition to the $gZIL governance.
4⃣ The protocol will de-prioritize guard nodes during consensus to increase participation rate of community nodes. Release of shard leadership to community (i.e., non-guard) miner nodes.
5⃣ For dapp developers, the simulated testing environment aka Isolated Server now supports web sockets.

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More from @maqstik

3 Dec
2020 has been a year of growth for @zilliqa and $ZIL ecosystem. At the start of the year, we'd committed ourselves to launching growth initiatives on all fronts. It's great to see the community benefitting from the tangible impact that those initiatives had.

Short thread👇
1/ I regularly see off the chart growth numbers on all fronts such as general outreach, market and social sentiment, developer adoption, platform usage, and usability, dev tooling, community-run initiatives, market infrastructure, general ecosystem growth and $ZIL value capture.
2/ I must admit I do feel a bit pleased with what I see because this growth has definitely not been effortless. The team and the community together has put a lot of effort into this. Having said that, I do not feel an iota of complacency. Miles to go...
Read 4 tweets
10 Jun
A thread for those who need more clarity on seed node staking with $ZIL that will go live very soon on #Zilliqa.

1) Seed node staking is not a full-blown PoS system. In a PoS system, staking is used to determine the validator who will propose the next block of transactions.
2) Unlike PoS, seed node staking in #Zilliqa is to allow certain non-consensus nodes called seed nodes (those that store transaction history) to earn rewards for their service. These seed nodes do not participate in validating transactions.
3) Staking rewards come from block mining. 5% of $ZIL mined in every block will be used to reward these nodes while the remaining 95% will be given to the miners who validate transactions. The split is intentionally skewed towards miners as they provide the much needed security.
Read 10 tweets

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