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.


Best Way to Get Access to Zilliqa Block Explorer

27 Aug 2021 2 minute read 8 comments NOWNodes

If you run a crypto project that works with Zilliqa, you might need a fast and reliable Zilliqa block explorer. This article will explain what Zilliqa explorer is and how you access it with 20,000 requests a day for free with a response time of less...

How to trade Zilliqa (ZIL)

19 Aug 2021 5 minute read 1 comment Michael Selge

Zilliqa is one of those cryptocurrencies that can make a real revolution in the field of blockchain, if developers manage to implement their plans. We are talking about solving the problem of scalability, which is currently very acute for almost any...

The PolyNetwork Hack & Avoiding Rekt City

12 Aug 2021 3 minute read 0 comments Dr. Stetson Windsor, Chairperson of Jurisprudence

$611 million was stolen from PolyNetwork, an interoperability project that aims to connect all of the major chains. One of my favorite commenters, Boxmining, was caught in the hack. This is a guy who has been in bitcoin since the retail mining days (...

Zilliqa Price Prediction 2021-2030: Is ZIL Coin A Good Investment?

5 Aug 2021 3 minute read 2 comments StealthEX

What is Zilliqa price prediction 2021-2030? If you are interested in this question, then you are in the right place. This article will also tell you what Zilliqa cryptocurrency is, and where to buy Zilliqa coins, by the way, the best place is Stealth...

The Zilliqa - Ethereum bridge will be the DeFi game-changer!

24 Jul 2021 2 minute read 5 comments PVM

Let's talk about Zilliqa (ZIL) and how the network sharding can create a speed of transactions that can match the current expansion of the Cryptoverse. Now I hate it (or not!) but I have to remind you that I wrote about this huge potential in June 20...

Publish0x should look into Zilliqa! (Tipping)

22 Jul 2021 1 minute read 2 comments Unimine14

In a fairly recent post (June), Igor Tomić wrote in the Publish0x Official Blog: "We are open to accepting a third token who wishes to gain exposure to our audience (see stats here) which we will use for tipping instead of ETH, so if you have any su...

Zilliqa (ZIL) Price Prediction 2021: Market Analysis and Opinions

22 Jul 2021 2 minute read 0 comments Coindoo

Zilliqa is the native token for the Zilliqa blockchain. The blockchain is designed to be permissionless with the capacity to offer high throughput to process thousands of transactions per second. Zilliqa now has a market cap of about $1,149,104,697....

It Can Be Another Classic Move Of Zilliqa (ZIL)

16 Jul 2021 1 minute read 0 comments moon333

  Brokedown the channel and key level support:The price action of the Zilliqa coin was previously moving in a very long up channel . After breaking down the support of the channel the priceline turned is very strong bearish but found very strong sup...

What is Zilliqa & How to Exchange It at the Best Rates?

14 Jul 2021 4 minute read 0 comments Swapzone

For those unaware, cryptocurrencies were once only reserved for the tech-savvy in the community. Today, they are recognized as legitimate investment assets by investors all over the world. For this reason, a lot more speculators are entering the cryp...

Zilliqa, Ethereum and Solana - poised to SOAR in H2 2021. Investment Outlook.

8 Jul 2021 7 minute read 0 comments BBAMarketPerspectives

(NOTE: We will be consolidating our subscribers over at Substack. Please SUBSCRIBE to this magazine there to be kept apprised with our latest articles! https://bbamarketperspectives.substack.com/?r=nf1zd&utm_campaign=pub&utm_medium=web&utm_source=cop...