Zilliqa (ZIL)

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Zilliqa, launched in 2017, is a project that has received a lot of attention for its technical solutions to prominent issues with current problems with blockchain development including scalability and security.After launching through testnets in 2018, Zilliqa launched its mainnet version in January 2019. 

The Zilliqa network aims to address the aforementioned problems with the sharding technique - an upgrade that the Ethereum project is itself working on. Sharding is a solution to the issue of scalability, and the team states that Zilliqa can achieve 2,488 transactions per second. 

The team have also designed their own language named Scilla. The team claim it is more secure than other programming languages, and will not result in the loss of funds through a smart contract exploit. The last distinct feature of Zilliqa is its consensus algorithm, which is a more eco-friendly variant of the Proof-of-Work algorithm, and also rewards miners in a more distributed manner. 

Zilliqa has also been working on establishing an ecosystem on the platform, stating that they are working on enabling developers to create marketplaces, peer-to-peer trade platforms, exchange mechanisms and much more. The list of ecosystem partners include: Mindshare, a dapp that addresses issues with digital advertising; and Bluzelle, a high security decentralized database. The team also offers grants to developers to help them build new applications.

Zilliqa is currently focusing its development efforts on 3 major initiatives: improvements to the core protocol, enhancements to the Scilla development language and support for higher level languages. These milestones are slated for completion by the end of 2019.

In this tag, read Zilliqa (ZIL) news, price predictions, opinions and analyses created by users.


ZIL Shows Weakness, DGB and NANO Reclaim Key Levels - (TA - 14th of April)

14 Apr 2021 2 minute read 0 comments 0xJonnyDee

Despite being at an ATH, Zilliqa (ZIL) has shown considerable weakness. While LaunchZone listed the liquidity mining pair of ZIL/BNB on April 13, this has not had any effect on the price so far. Digibyte (DGB) has broken out from a horizontal res...

HODL the Damn Zilliqa!

4 Apr 2021 1 minute read 0 comments theatdhe

It's been a crazy run! I bought Zilliqa back in 8th January with the price of around 0.07$ and held it ever since!If you think that I just held it and didn't put it into work, you must be very ignorant or new into this world. Immediately after buying...

My passive income with CEX.IO; March 2021

4 Apr 2021 1 minute read 1 comment Batinium

Man must not depend on one source of income! Those words touched me when the COVID-19 pandemic caused closure of many companies and leading to the retrenchment of many people. That meant that the source of income for those who lost jobs ceased, and t...

Zilliqa (ZIL), The token with great potential

25 Mar 2021 1 minute read 2 comments Batinium

If you go through the CoinMarketCap, you realize that there are about 4456 coins and tokens in existence. CoinMarketCap arranges the coins and tokens according to their marketcap and Bitcoins lead with a market cap of $985,226,590,994 14:00 hrs GMT +...

CageChain Newsletter #152 | Ja Rule's New NFT is on Fyre, Zilliqa's dApp that Fosters Women's Empowerment, Conviction of Long Term BTC Hodlers and More...

18 Mar 2021 1 minute read 0 comments KHubbard

  Ja Rule is auctioning off an artwork from the offices of Fyre Inc., the company behind the fraudulent Fyre Festival concert series he promoted in 2017. The physical piece is tied to an NFT. Great to see some of those assets going to good use! Acco...

Zilliqa (ZIL) Reaches Resistance, Aims for New Highs - (TA - 11th of March)

11 Mar 2021 1 minute read 2 comments 0xJonnyDee

The Zilliqa (ZIL) price has broken out from a long-term resistance area and validated it as support after. Zilliqa is expected to eventually break out from both its horizontal and diagonal resistance levels. After that, it would have the potential t...

5 coins for LONG TERM HODLERS

26 Feb 2021 1 minute read 2 comments Pk24

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This Pattern Is Leading Zilliqa (ZIL) To Be The 1st Rising Crypto After This Drop

24 Feb 2021 1 minute read 2 comments moon333

  Click here to create an account on Binance, the best place to buy or sell Zilliqa   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333  //////////////////////////////////...

I Told You Zilliqa (ZIL) Will Be Reversed Bullish From Here

23 Feb 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell Zilliqa   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333  //////////////////////////////////...

Zilliqa price prediction: Is $10 possible by 2025?

22 Feb 2021 5 minute read 5 comments CryptoMarketing

One of the biggest problems that the blockchain industry has faced is scalability.  The growing popularity of public blockchains like bitcoin and Ethereum has led to some obvious problems.  Bitcoin and Ethereum are not readily scalable, and that is w...