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Zilliqa [ZIL] updates their Testnet, new adoptions of Scilla!

Simran Alphonso

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Zilliqa [ZIL] updates their Testnet, new adoptions of Scilla!
Source: Pixabay

On June 11th, Zilliqa, a blockchain platform designed to an open, permission-less distributed network securely, announced the latest version of their testnet, allowing users to test their smart contracts.

Zilliqa tweeted:

“Zilliqa Project Update #10 has been published. We have been busy preparing for the release of Testnet v2.0 which will allow users to begin testing #smartcontracts”

On the DevOps side, Zilliqa has refactored Testnet deployment script for better maintainability and integrated Zilliqa Explorer application to the Kubernetes-backed internal testnet. A summary of other accomplished tasks is listed below:

  • Removal of copy constructor and assignment operators from singleton class. This is to avoid the accidental copy/assignment of singleton instances.
  • Refactoring of transaction validation into a new class under libValidator.
  • Fixed race condition in PeerStore.
  • Added automatic image build for Zilliqa Explorer.
  • Added code coverage report for Zilliqa repository.

Zilliqa has implemented a logger mechanism for Scilla interpreter. This consists of setting up a world-wide configuration which can be queried for the current logging level. All interpreter output messages have been modified to be channeled through this logging mechanism. Two special output channels are for stdout and stderr, which print on the console, in addition to logging to a file.

Zilliqa has also implemented an ERC20-like contract and a ping-pong contract in Scilla. The ERC20-like contract maintains the balance of tokens in each account, and an approval map, in case a user wants to authorize another user to be able to withdraw a limited amount of tokens. Adding support for this also required supporting nested maps in the interpreter JSON parser [the interpreter takes JSON as inputs].

The ping-pong contract is a Scilla application to demonstrate a contract that calls another one through message/calls. Two contracts keep invoking each other here until their respective counters [a state variable] runs out. Scilla has successfully tested the two contracts on the interpreter invoking code, for testing chain invocations.

On the client side, Zilliqa has integrated the Scilla editor into the Zilliqa wallet. This feature makes it possible for a customer to sign contract-related transactions. The customer may also deploy and interact with a smart contract through the web wallet and transfer finance if required.

The team has also implemented an automated parsing of contract code to know the transitions therein and their signatures. This is a lighter implementation of a full application binary interface [ABI] generator.





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Simran Alphonso is a Journalist at Ambcrypto. She has a background in Financial Markets and holds expertise in Digital Marketing.

Altcoins

Tron’s Justin Sun claims stablecoins will be key to cryptocurrency development

Akash Anand

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Tron CEO claims stablecoins will be the key focal point for cryptocurrency development
Source: Pixabay

The Justin Sun-led Tron has been in the news multiple times recently, thanks to its regular updates and noticeable price hikes. The CEO has also played a very active role in promoting the cryptocurrency, as exhibited by his recent AMA on Periscope.

Sun focused on how the initial success with protocol governance in the Tron ecosystem paved the way for future developments in the blockchain. The CEO stated,

“Tron had 27 Super Representatives passing 17 new protocols out of which 10 were voted in and accepted. Tron is also the third blockchain after Ethereum to be associated with the stablecoin Tether.”

Justin Sun further opined that 2019 was the year of the stablecoins and that inked assets will be a key focal point when it comes to future developments. He believes that the stablecoin system is the ecosystem in which centralized finance will be taking off. Sun added,

“We will be collaborating with more parties to boost Tether USDT use cases in the TRX ecosystem.”

The Tron Foundation had launched Tether on the TRX blockchain in April to much fanfare, with Tron tweeting,

“Today #USDT is launched on TRON’s blockchain. $USDT is issued by @Tether_to on the #TRON network based on #TRC20 protocol. There will also be a total reward of 20 million $USDT for 100 days. $USDT will be fast, free and smart! #TRX #BTT”

This program was later postponed due to certain discrepancies that came to light post the Tether-Bitfinex episode. Another topic touched on by the Tron CEO was the much-celebrated BitTorrent, which has come a long way since its acquisition by Tron in 2018. Sun admitted that BitTorrent was ‘integral’ to the overall growth of Tron’s development cycle. BTT recently completed its fifth airdrop on June 11, right after the Tron blockchain had breached the 10 million mark in terms of block height. The BTT airdrop involved the transfer of close to a billion tokens which were sent as a reward to TRX holders.





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