Gzil DAO + staking Gzil

Agreed. I will dump my remaining gZIL for some more ETH today. Considering to leave the Zilliqa ecosystem altogether. I was there since Zilliqa ICO and the bull case was that the blockchain will be scalable before ETH2.0. Well, now we have dexes without volume and liquidity, DeFi failed due to lack of interest from the community (Pillar Protocol), metaverse is bullshit and Zilliqa turned into a FPS gaming development company as it failed to deliver solid blockchain tech. Scilla is a fucked up language you can hardly read, gZIL turned into a ghost token, XCAD is proprietary tech, Ethereum bridge failed to deliver a use case due to lack of ETH liquidity on Zilliqa. IgniteDAO failed to deliver a product for 2 years. Zilwatch shut down although it was the best token tracker in the ecosystem. Core blockchain tech development seems to be on halt as well for quite some time. Seed Nodes never got decentralized - this is basically proof of authority and pseudo decentralization. No answers to what will happen to the hash rate when dual-mining with Ethereum is not possible anymore due to the eth2 merge. No ambitions to transition to PoS. ZIL inflation control as proposed in the white paper in 2017 never got implemented. The 100th block issue which takes >5 min to finalize never got fixed. Proper optimistic pipelining could have easily solved this issue. Early promising projects in ads market never reached mainnet - all fake or failed. In the end we can conclude, Zilliqa failed to utilize its first-mover advantage.

I’m putting my frustration here to illustrate my view on Zilliqa as a failed experiment. This being said, thank you for bravely providing me the exit liquidity I need to go.

Maybe one day we see us again on Ethereum 2.0.

In the meanwhile have fun on Zilliqa! :slight_smile:

Bye,
yusa.eth

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