Zilliqa shuts down its Layer 1 to become an Ethereum Layer 2 for regulated institutions

Zilliqa is shutting down its own Layer 1 after nine years to become an Ethereum Layer 2 for regulated institutions. The new network, dubbed the Zilliqa Institutional Layer (ZIL), will use Ethereum for settlement and have identity and compliance built in.

Detected & updated continuously · Source: Nebula