Zilliqa Profile picture
9 Mar, 5 tweets, 3 min read
#Zilliqans, y'all know what this means right? Crosschain is coming to the fastest most scalable blockchain there is in the market πŸš€πŸš€πŸš€

Continue reading this thread for a little more context on what this means for the $ZIL chain πŸ‘‡πŸ‘‡
2/Pictured here is a pivotal moment in Zilliqa history. The first crosschain transaction made on the PolyNetwork test net.

It's akin to the first time man went to the moon.

Think of it as the first step in $ZIL's moon mission πŸš€πŸš€

NFT this @xiaohuo200! It's a piece of history
3/ Billions of dollars worth of assets can now be brought over to the ZIL chain

Am I exaggerating? I most certainly am not

This picture shows you the value of assets in PolyNetwork. The bridge essentially opens us up to other protocols and assets from other chains
4/What does this do to the ecosystem we're already building?

@Zilswap is already on 70m TVL with ZRC-2 tokens alone. Imagine this number when we have ERC-20 bridged.

Also the ability to use $ZIL on other protocols

Mass adoption and utility of $ZIL is what we strive for
5/ The biggest question you have now probably is "When bridge?"

As you can see the devs are tirelessly working to finish it. This is their proof of work (hah), we're inching closer to the bridge with each passing day.

So when bridge? Soonβ„’

(It's really coming though!) - KT

β€’ β€’ β€’

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More from @zilliqa

22 Feb
(1) Do you like spam? Well me neither

Spam transactions clog up the network, making meaningful transactions slower. This is why the next ZIP is important for #Zilliqans to vote and discuss on.

ZIP-18:
github.com/jsarcher/ZIP/b…

Continue reading this thread to find out moreπŸ‘‡πŸ‘‡:
2) Ok the proposal's kinda long so here's a tl;dr

The problem? Spam. The proposed solution? Increase transaction costs from 0.002ZIL to 0.1ZIL.

Before you grab your pitchforks out, listen up, there's a reason why this makes sense!
(3) The increase in transaction costs makes it hard to spam the network. A million txns presently costs 2000 ZIL, the change would bring it to 100k ZILs. This makes it harder for our network to be targeted by spam attacks.
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