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Review on Zilliqa by Debbie Ferguson

Revainrating 5 out of 5

However, the problem is not a lack of interest but a lack of userfriendly and…

However, the problem is not a lack of interest but a lack of userfriendly and effective technology to make that possible. The most popular smart contracts platform, Ethereum recently hosted an application called Crypto Kitties which brought the entire network to a standstill and eventually had to be stopped so the rest of the network could function seamlessly.



Pros
  • No, that’s highly unrealistic as it would require Zilliqa to have a market cap greater than Bitcoin for that to happen. With that being said it’s innovative technology and solid technical team have a good chance of outperforming the rest of the crypto market once their MainNet is released later this year - Q3. Upcoming partner announcements will give a clearer picture as to where this project is headed short term. A worthy high flyer to research further if you are looking for a solid crypto currency project to follow
Cons
  • Zilliqa (ZIL) appears to have an effective use case as a scalable blockchain, but it is yet to provide a similar scalable solution of Dapps and smart contracts to be built on its platform. The way principles of sharding and throughput work with Zilliqa (ZIL) is that both of these focus more on data flow and programming rather than on checking variables, functions and stats of a smart contract. For smart contracts, these operations are a necessity and as such Zilliqa (ZIL) may not be the ideal solution yet. Zilliqa (ZIL) has traded boldly against Bitcoin (BTC) and USD ever since its launch. The crypto currency has seen increasing interest over the weeks and is one of the few cryptocurrencies to record double digits gains on sight of a possible recovery. The price continues to be in an uptrend and is poised mark new highs for the year if Bitcoin (BTC) holds ground.

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