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.


Zilliqa Integrates Ethereum Virtual Machine for Seamless Cross-Chain Development

17 Apr 2023 4 minute read 0 comments busyjordy

The Zilliqa blockchain has recently announced that it is bringing the Ethereum Virtual Machine (EVM) to its mainnet, which has excited many in the blockchain world. This upgrade is expected to take place on 25 April and naturally, it’s one that creat...

How Zilliqa’s EVM Compatibility is Making ZIL Payments Accessible to All

12 Apr 2023 5 minute read 1 comment NOWPayments

Accept ZIL crypto payments ‍Cryptocurrency has become a popular method of payment in recent years, with more and more businesses accepting it as a form of payment. Zilliqa, a high-throughput blockchain platform, has been making strides to make ZI...

Zilliqa Price Prediction 2023. Should you buy ZIL?

12 Apr 2023 1 minute read 0 comments Crypto4light

Zilliqa, also known as ZIL, is a cryptocurrency that is gaining attention for its innovative approach to blockchain technology. It is the native token of the Zilliqa blockchain, which aims to solve the scalability challenges of traditional blockchain...

What is Zilliqa?

29 Mar 2023 1 minute read 1 comment AlvPelirrojo

  Zilliqa is a high-throughput public blockchain platform that is designed to scale to thousands of transactions per second. The core feature that makes Zilliqa scalable is sharding — dividing the network into several smaller component networks (cal...

Watch To Earn ... XCAD Network ...

16 Jan 2023 4 minute read 0 comments Nas.A

  With the storm created by the STEPN (GMT) project in the cryptocurrency markets, the concept of Move to Earn entered our lives. After the success of STEPN, there was a boom in the Move to Earn project. Countless Move to Earn apps and cryptocurrenci...

The Best Sharding Blockchains - NEAR Vs EGLD

8 Jan 2023 1 minute read 2 comments BFab

Sharding is a scaling technique used by some blockchains to increase transaction throughput by allowing the blockchain to be processed by multiple nodes in parallel. ‘Shard’ is an abbreviation for ‘System for Highly Available Replicated Data’ - the n...

Recap of Exclusive AMA: Zilliqa x StealthEX

15 Sep 2022 1 minute read 0 comments StealthEX

On Septemper 15, 2022, we had AMA session with Kevin Meyer from Zilliqa Ecosystem, and here is a recap. Zilliqa is your portal to the blockchain world, enabling you to create user-friendly dApps more easily. If you missed our live YouTube AMA, you ca...

Blockchain for Businesses: 5 Cryptos for Enterprises

23 Aug 2022 5 minute read 8 comments Swapzone

Companies have recently realized the advantages of blockchain technology. However, at the very adoption stage, they face a number of significant obstacles which include a lack of reliability, technical difficulties during integration, privacy issues,...

The Clock Is Ticking For Zilliqa Zil To Break The Triangle Soon

30 Jul 2022 1 minute read 0 comments moon333

  Hi friends hope you are well, and welcome to the new update on the Zilliqa coin. On a weekly time frame, Zilliqa has tested a previous falling wedge resistance as a support and there is still a big bullish divergence on this chart. On a daily time...

Zilliqa Zil Is Still Moving Above The Resistance Of Wedge With Bullish Divergence Of RSI

26 Jul 2022 1 minute read 0 comments moon333

  Hi friends hope you are well, and welcome to the new update on Zilliqa. On a weekly time frame, after breaking out a big falling wedge pattern, Zilliqa was rejected by $0.23 resistance and re-entered the same wedge. For almost two weeks, Zil has b...