Review on Zilliqa by Özgün A
A logical project
Zilliqa is a crypto project running on blockchains.
What makes Zilliqa different from others is its scalability. Zilliqa aims to solve scalability problems.
Thanks to scalability, it is aimed to make more transactions on a chain and to make transactions on blockchains faster. Each side chain ensures the safety of the ecosystem by confirming the previous chain. An erroneous transaction occurring in any node is immediately corrected by the rewind method and the node adding process continues. Zilliqa works with the PoW algorithm.
The biggest problem on Bitcoin and Ethereum blockchains is scalability. Zilliqa can be compatible with both Bitcoin and Ethereum. It can be implemented through Ethereum's smart contracts.
Zilliqa is listed on many stock exchanges, especially Binance.
Zilliqa reduces the transaction density on a blockchain by creating side chains, reducing transaction bloat on the main chain. In this way, processing is done faster. New transactions carried to the side chains are created automatically as part of the ecosystem. Thus, transactions are carried out in a transparent and reliable manner.
Pros
- One of the rare projects in its field
- Promises speed, transparency, security
- It can integrate with both Bitcoin and Ethereum
- Each knot is proof of the next knot
Cons
- Still in development
