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Zilliqa plans Ethereum layer-2 network aimed at regulated institutions

NewsFeeds update

Zilliqa plans to move to an Ethereum layer-2 network, Zilliqa Institutional Layer, offering settlement secured by Ethereum, vLEI identity checks and a permissioned marketplace for verified institutions. It will start with institutions before retail users and agents, and the ZIL token stays in place.

EthereumCoinNessAIBullish

Read the original on CoinNess

The story so far: Zilliqa Ethereum Layer 2 pivot

Zilliqa plans to move from a standalone Layer 1 to Zilliqa Institutional Layer, an Ethereum Layer 2 aimed at regulated institutions with vLEI identity checks and a permissioned marketplace, keeping the ZIL token. It says nine years as a standalone chain fell short on usage, capital and liquidity.

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  1. Zilliqa plans Ethereum layer-2 network aimed at regulated institutions

  2. Zilliqa says it will become an Ethereum Layer 2 for regulated institutions

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