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.


The Radar Fund observations on May 8, 2020

6 May 2020 2 minute read 0 comments Thomas J Connolly

The Radar Fund   The Radar Fund is an actively managed portfolio of crypto-assets. Presently there are 93 company tokens within the Fund plus three crypto currency assets in the form of Bitcoin, Ethereum and LiteCoin. The investments in crypto-assets...

Zilliqa working hard on DE-FI

18 Apr 2020 1 minute read 0 comments LockInTheValue

  So Zilliqa is working hard on De-Fi, if you are unsure what this is, it is Decentralised Finance. The whole goal of De-Fi is to provide the two billion people who don't have access to banks, with access to De-Fi. This can be done through a number...

Zilliqa $ZIL Staking Explained

14 Apr 2020 1 minute read 0 comments CryptoSham

Will ZIL Staking Increase Inflation and Dilute Supply? In my discord server I received a question from ZIL who was concerned as to how Staking would effect the ZIL supply and inflation. Are holders now going to be diluted by the increase in supply? W...

What is Zilliqa (ZIL)? — 'Sharding in Action' — Beginner's Guide

2 Apr 2020 5 minute read 1 comment cryptomagis

Many cryptocurrencies have emerged in the past years until now. Some have performed excellently and some, after the launched date, could not bear the test of time. The question is whether these coins are actually created to compete with the famous cr...

Zilliqa Wallet 2020

22 Jan 2020 1 minute read 1 comment ChangeNOW

Choosing Zilliqa wallet may not be an easy task. ChangeNOW is here for your help: grasp the chance and use our chart as a guide! What is Zilliqa (ZIL) Zilliqa is a blockchain infrastructure specially designed to create smart contracts and decentraliz...

Is Zilliqa (ZIL) A Good Investment? In-depth Analysis and Near to Longer-Term Expectations

11 Dec 2019 8 minute read 8 comments CryptoBoomer

Blockchain world has been struggling to keep up with scalability solutions for a long time. The most popular blockchain networks, Bitcoin and Ethereum, have been accused of being “slow” and not scalable enough to support mainstream financial transac...

ZIL / BTC technical analysis [BINANCE]

27 Nov 2019 1 minute read 0 comments MrBullishSail

ZIL seen from the temporality of 1W we can see how the structure of candles is forming a rounded floor close to the weekly support located at 0.00000059, the rounded floor is an upward pattern of reversal of trend, however, the price has not yet for...

Zilliqa coin: A proof of work coin for issuing tokens and creating Dapps on its network

25 Nov 2019 5 minute read 0 comments QuintoTrader

              Zilliqa is a native cryptocurrency of the zilliqa network that can be transferred from one smart contract address to another without involvement of a thirdparty thus making it a decentralized utility coin. The transaction will be proce...

What Is Zilliqa? - [A Comprehensive Guide to Understanding Zilliqa]

11 Oct 2019 6 minute read 4 comments Mr.CryptoWiki

image source Zilliqa is a public blockchain network that implements a sharding solution to solve the blockchain classic scalability problem. In its simple definition, sharding is a solution to ‘break’ nodes in the blockchain network into smaller comp...

ZIL / BTC technical analysis [HUOBI]

11 Oct 2019 1 minute read 0 comments MrBullishSail

ZIL seen from the temporality of 1D we can see how the price has made a throwback with a correct test of the key support located at 0.0000006513, indicated in the chart above by a dark blue horizontal color, the price should be kept above that su...