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Review on Zilliqa by Mason Michaud
In terms of pure transactional speed, Zilliqa handles the problem solving for…
In terms of pure transactional speed, Zilliqa handles the problem solving for expanding decentralized networks and improving transaction speed at the same time, far outnumbering current rivals.
Of course, each project has its strengths and weaknesses. So aside the pace of the transaction, we can look at other aspects.
Pros
- Zilliqa is run by CEO Xinshu Dong. Xinshu Dong has extensive experience in developing blockchain systems and security since he was a program leader at ANQUAN - a blockchain system specializing in financial and e-commerce applications.
Cons
- Currently, Zillqa has successfully run test version 1.0 (test-net 1.0). With 3,600 miners, Zilliqa's transaction speed reached 2,488 transactions per second. It is estimated that if there are 10,000 miners, Zilliqa will have a processing speed equivalent to VISA and MasterCard (8,000 transactions per second) at a much lower cost.
