CandleFocus Zilliqa Announces Monthly Halving Implementation
2024-10-15
Author: Content Editor
The Zilliqa network has officially adopted a mining reward halving proposal with strong support from the community. Starting in October, monthly mining rewards will be halved, accelerating the path to full Proof of Stake (PoS) adoption for Zilliqa 2.0. The change was implemented through Zilliqa's decentralized governance protocol and includes a redistribution of the ZIL surplus, providing more opportunities for holders, developers, and validators.
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