Running everything on our own has stopped working.
- Market conditions: the market has changed fundamentally. Funding and liquidity for standalone Layer 1s have dried up.
- Adoption: usage and ecosystem growth never reached the level a standalone Layer 1 needs to sustain itself.
- Recent hacks: they showed how much it takes to secure and run an independent chain alone. That cost no longer adds up.
The beauty of a public ledger is that none of this is hidden. The data is visible to all of us.
Hundreds of blockchain projects are shutting down this year.
The internet was built in peacetime. That time is over. AI-driven attacks are hitting everyone, and no one is safe by default anymore. Security now comes from scale, and a small chain standing alone does not have it.
What we built still stands.
- Nine years of building Zilliqa, with uninterrupted operation since mainnet launched in January 2019.
- Zilliqa 2.0: a complete rebuild with proof of stake.
- Keeping the chain running under pressure, and delivering the hard fork on 30 October 2026.
- A global community that has stayed with us.
This isn't the end of what we built. It's the end of one form of it.
We stop fighting alone. We take what works, our technology, our partnerships and our community, and build on Ethereum.
We are not done yet.
Zilliqa Institutional Layer: an Ethereum Layer 2 for regulated institutions.
Verified identity through vLEIs, a permissioned market where institutions trade with each other compliantly, and one token: ZIL.