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.


How User Friendly Zilliqa DeFi Ecosystem is Today?

18 Jan 2022 1 minute read 1 comment 0fajarpurnama0

Zilliqa started its road to be the first smart contract platform to implement Sharding protocol in 2017 which is a method for processing transactions in parallel. It is one of the ways to increase scalability, meaning providing faster and cheaper tra...

Zilliqa (ZIL) Moving In A Right Direction For Massive Breakout | Zilliqa Price Prediction 2022

17 Jan 2022 1 minute read 0 comments moon333

  Don't forget to upvote/tip and share the post, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a free account on t...

Zilliqa (ZIL) Broke Out Another Channel | Zilliqa Price Prediction 2022

15 Jan 2022 1 minute read 0 comments moon333

  Don't forget to upvote/tip and share the post, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a free account on t...

Zilliqa ZIL: The First Blockchain with Successful Sharding

13 Jan 2022 3 minute read 4 comments 2sats

*obligatory not financial advice*   What is Zilliqa? Zilliqa is a smart contract blockchain that is highly scalable and can handle thousands of transactions per second. It accomplishes this by splitting its network into shards that can process transa...

Zilliqa (ZIL) Again About To Test The Support Of Huge Triangle

11 Jan 2022 1 minute read 0 comments moon333

  Hi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).Channel and a triangle:On a daily time frame, Zilliqa had a fake-out from a down channel and formed a symmetrical triangle above the resistance of this channel. Fina...

Zilliqa (ZIL) Is Accumulating At A Very Strong Support

2 Jan 2022 1 minute read 0 comments moon333

  Hi dear friends, hope you are well and welcome to the new update on Zilliqa (ZIL).Accumulation at strong support:The priceline of Zilliqa is accumulating at a strong support of $0.074. This level has been working previously as support and resistan...

All Zilliqa (ZIL) Holders!!! Look At These Game Changing Bullish Moves

31 Dec 2021 1 minute read 0 comments moon333

  Hi friends, hope you are well and welcome to the new trade setup of Zilliqa (ZIL).Breakout from channel and SMA resistance:On a daily time frame, Zilliqa has broken out a down channel with bullish divergence , as the priceline is forming lower hig...

Zilliqa (ZIL) Has Confirmed A Big Breakout For Massive Bull Move

25 Dec 2021 1 minute read 0 comments moon333

  Hi friends, hope you are well, and welcome to the new update on Zilliqa (ZIL).Broke out the channel:After a powerful rally on 31st Oct Zilliqa was caught in a down channel on a daily time frame.After testing key support of $0.052, the priceline of...

This Will Be Historical Bullish Reversal Of Zilliqa (ZIL)

18 Dec 2021 1 minute read 0 comments moon333

  Hi dear friends, hope you are well and welcome to the new trade setup of Zilliqa (ZIL).Formation of huge descending triangle:On the weekly time frame, priceline of Zilliqa has found a very strong long-term support at $0.0526. There is also a down...

【ZIL / Zilliqa】

12 Dec 2021 1 minute read 0 comments グルスキー (gursky)

The project originated from the National University of Singapore. By adopting a technology called sharding, processing is divided into separate steps, and approximately 2,800 transactions can be processed in one second. Scilla, a proprietary contract...