Review on Zilliqa by Song Gio

Name: Zilliqa
Item: Zilliqa
Rating: 4

September 18, 2018

Scilla imposes a structure on smart contracts that will make applications…

Scilla imposes a structure on smart contracts that will make applications running on Zilliqa less vulnerable to attacks by eliminating certain known vulnerabilities directly at the language-level.
Furthermore, the principled structure of Scilla will make applications inherently more secure.
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Pros

Zilliqa was created in 2017 by a group of computer scientists and academics. The team is lead by Prateek Saxena from the University of California and Xinshu Dong and Amrit Kumar from the University of Singapore. Whilst the team doesn’t have a huge amount of experience in crypto, it does have the support of advisors from established networks like Kyber. Its own website describes Zilliqa as a, “next-gen, high throughput blockchain platform.” But what does that mean? Put simply, Zilliqa is a faster, more advanced blockchain. Bitcoin was the first generation of cryptocurrency, platforms like Ethereum were the second and newer platforms like IOTA and Zilliqa, are the third. Third-generation platforms are trying to solve some of the problems that have affected older cryptocurrencies. The main problem Zilliqa is trying to solve is scalability.

Cons

After some careful study of the team is not impressive and not alarming. Many of the team members seem to be members of the academy and do not have much experience working with any large technology company or similar nature. However, the advisers on Zilliqa really stand out because two of them are Kyber project advisors.