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.


What Is Zilliqa ($ZIL)?

13 Apr 2022 3 minute read 0 comments Notum DeFi App

  What is Zilliqa?  Zilliqa is an innovative blockchain whose developers were the first to introduce sharding technology into its architecture. Zilliqa aims to solve the scalability problem that is inherent in most blockchains. For example, many Bitc...

METAPOLIS: A new ‘Unique-verse’?

11 Apr 2022 3 minute read 5 comments Dzoelx

With pollution and corruption taking over our world, I guess it’s time to try and exist somewhere else. Somewhere not too far. Using a combination of virtual reality and decentralized digital art technologies, tech companies and startups are working...

ZilSwap ZWAP: A Decentralized Exchange on the Zilliqa Blockchain

10 Apr 2022 3 minute read 2 comments 2sats

*obligatory not financial advice*   What is ZilSwap? ZilSwap is the main decentralized exchange of the Zilliqa blockchain which is a smart contract chain that is highly scalable due to its sharding. With ZilSwap you can trade tokens that are native t...

After A Huge Breakout Zilliqa (ZIL) Is Testing Very Important Support

8 Apr 2022 1 minute read 0 comments moon333

  You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   To check the Patreon trade success testimony, you can watch this pinned post: https://www.patreon.com/posts/63774800   In order to play and watch the current...

Zil Gave Big Surprise By Breaking Out Another Wedge Right Now!!! | Zilliqa Price Prediction 2022

6 Apr 2022 1 minute read 0 comments moon333

  You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   To check the Patreon trade success testimony, you can watch this pinned post: https://www.patreon.com/posts/63774800   In order to play and watch the current...

Zilliqa (ZIL): Price Updates, Recent Developments, Future Events, Community

4 Apr 2022 1 minute read 0 comments DailyCoin

Visit DailyCoin for more articles Smart contract platform Zilliqa has been in the news of late, as it announced the launch of a metaverse-as-a-service (MaaS) platform. Zilliqa’s Metapolis will provide users with the technology and infrastructure req...

Top Performing Cryptocurrencies of the Week

4 Apr 2022 1 minute read 0 comments DailyCoin

Visit DailyCoin for more articles The cryptocurrency industry opened the second quarter of 2022 with a correction. Market leader Bitcoin swiftly dropped more than 6.4% of its value to rest at $44.4K, while Ethereum accordingly lost nearly...

The Metaverse Is Coming...

31 Mar 2022 2 minute read 0 comments TheWriteVictor

With an expected market size of $800 billion by 2024, the Metaverse is a lucrative opportunity. We've seen massive companies like Nike, Coca-Cola, Gucci, and more rushing to establish themselves in the space. With places like Decentraland and The San...

ZilLiqa from 0.06 to 0.21 in 2 DAYS ( big NEWS 31.03.2022)

31 Mar 2022 1 minute read 0 comments alexisread

Good day to you! These days, i had a good surprize regarding one of my investements, ZILLIQA.           -- ZILLIQA -- GOING soon over  ALL TIME HIGH     from 0.06$ to 0.21$ in 2 DAYS   ...but why ?   : Well, they announced the following:     1. Zill...

BTC Is Set to Rally After a Spike in Volatility. The Top Cryptos Under $2 Billion Market Cap to Watch

28 Mar 2022 5 minute read 3 comments Mike Ermolaev

It has been a period of low volatility and price consolidation for Bitcoin markets, which has seen trading rise from $40,544 at the start of last week to the highest level of 47,408 briefly hit on March 28 and slightly down to $47,209 as I write. Thi...