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Review on Zilliqa by Nam Bui Hoang
I believe zilliqa has been working on a partnership with bluzelle, a…
I believe zilliqa has been working on a partnership with bluzelle, a decentralized data storage service to find a solution to the data storage problem
Pros
- a. Zilliqa is the worlds first public, permission-less blockchain that has successfully implemented sharding to scale to thousands of transactions per second. If a blockchain can, in fact, handle 2500 TPS to 10,000 TPS, we can see actual real-world use cases tested on blockchains. If Zilliqa can prove it’s technology with some real word enterprise applications, Zilliqa could become the de facto backbone for enterprise blockchain use. b. The team behind Zilliqa are some of the brightest minds in the blockchain space, and they are at least a few years ahead of other teams attempting to solve scalability in blockchains. The CEO, Xinshu Dong, has significant experience working on the security and scalability of blockchain. Other notables include the highly influential Loi Luu, founder of Kyber an official Advisor to Zilliqa.
Cons
- a. Non Turing Complete Language - Turing complete languages allows more complicated apps in comparison to Non Turing Complete language. So there will be a limitation here in the type of applications that can be developed as a dApp on the Zilliqa blockchain. b. Storage Challenge -Due to a high throughput (thousands of TX per second), Gigabytes of data will be needed for storage. Zilliqa does transaction sharding, not state sharding, which essentially means each node has to store all the data. This is only possible with terabytes of storage available. The question is how Zilliqa manages to do it and if they can do it in such a way that does not negatively impact the high throughput ability of their blockchain. c. Non State Sharding - Zilliqa implements sharding, but the sharding is transaction sharding, not state sharding. This is under research and nobody has come up with a working solution (yet).
