Torch 2.0 Hits 120 Million ZIL Staked | Migration Smooths Out
Edited By
Omar Al-Farsi
Torch 2.0 has surpassed 120 million ZIL staked, signaling a significant milestone in its development. After some initial hiccups during the Zilliqa 2.0 migration, the platform is now operating efficiently, with users reporting improved functionality and speed.
The latest updates from Torch 2.0 have effectively enhanced the user experience. Staking is now live, and the legacy app is functioning quickly for unstaking. Users have noted that issues, particularly with Ledger and smart wallets, have been addressed. "Thanks to everyone who helped test, gave feedback, and supported us," said a representative, highlighting the community's role in this transition.
Feedback from participants reflects a positive sentiment overall, with key themes emerging from user discussions:
Community Support: Users appreciate the support provided by the team. One participant mentioned, "It’s evident that you guys are working tirelessly. No complaints, we can handle a hiccup or two."
Technical Challenges: Some users faced challenges during the migration process, especially with private key entry. Yet, many also shared successful migration stories, demonstrating the community's problem-solving capabilities, with one user commenting on how “copy-pasting the key worked just fine.”
Future Expectations: Users are keen for further improvements, such as a live APR display and enhancements to the application’s notes section, emphasizing the ongoing evolution of Torch 2.0.
"The core flow works well now. We’re still improving things daily," a representative noted.
Interestingly, one user's comment even sparked a debate about the staking amount: "120m ZIL? Isn’t that only USD value? 😂" This sentiment reflects a mix of curiosity and skepticism among some members of the community.
Key Insights
🔥 120M ZIL Staked: Significant growth in user engagement.
🚀 Migration Improvements: Major tech issues resolved.
⭐ User Sentiment: Positive feedback on community support and implementation.
As developments continue to unfold, the team remains committed to refining user experience and addressing the community’s needs. With increasing stakes and ongoing improvements, Torch 2.0 appears set on a promising path forward in the crypto landscape.
What Lies Ahead for Torch 2.0?
There’s a strong chance that as Torch 2.0 continues to build on its successful migration, we may see a surge in staked ZIL, potentially surpassing 150 million in the next quarter. This forecast hinges on the platform's tech advancements and the community's positive response. If developers effectively implement user-requested features, like a real-time APR display, they could not only enhance user satisfaction but also increase trust in the platform, which experts estimate could lead to a 20% rise in overall engagement. Additionally, as conversations around crypto continue to grow more mainstream in 2025, new participants might find their way to Torch, driven by positive testimonials and the attraction of enhanced staking outcomes.
A Surprising Parallel from History
Looking back, the evolution of the mobile phone can be likened to the current trajectory of Torch 2.0. Early mobile devices, fraught with glitches and a steep learning curve, saw hesitancy from initial adopters, similar to the challenges faced during the Zilliqa migration. However, as manufacturers responded swiftly to consumer feedback and refined their products, they not only captivated their audience but also spurred an explosion in user adoption by making communication accessible and efficient. Just as those early pioneers in mobile tech learned to adapt and grow, so too does the Torch team face an opportunity—embracing change while cultivating a lively and resilient community that celebrates each milestone achieved.