Review on Zilliqa by Burl Kidney

Name: Zilliqa
Item: Zilliqa
Rating: 5

September 19, 2018

Zilliqa and the Growing Network The team behind ZIL managed to solve the…

Zilliqa and the Growing Network
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The team behind ZIL managed to solve the scalability problem they were meeting along the way of designing Zilliqa network in a unique way.
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Apparently, they have managed to come up with an idea that would allow them to create a network that would grow with the number of its users. That means that instead of having jammed traffic and delayed transactions in an overcrowded blockchain environment, ZIL allows its network to grow with the number of users, that way solving the scalability issue.
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This is due to the sharding solutions on the network the team behind ZIL has come up with, so in theory, Zilliqa (ZIL) is able to process any number of transactions in a second, which makes it one of the fastest networks.
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However, due to the number of the nodes ZIL has at the moment, it is evident that this network can, in reality, perform thousands of transactions. Since Zilliqa is designed with a special protocol integrated into its system, to have a growing potential in its network, while allowing the network to grow at a generated estimated amount of nodes.
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Pros

Zilliqa (ZIL) is one of the newest coins on the “block” as this currency has been launched at the beginning of the current year, also making it one of the first coins to be launched in 2018. After having it launched as an ICO, Zilliqa soon started to trade up as the interest for the new currency started to rise. That is how ZIL managed to gain a massive set of rises in a total of 320% in the course of only 30 days, that way making it one of the top gainers during the last month. How Zilliqa managed to sky-rocket as promptly and what ZIL is all about?

Cons

Zilliqa is Sky-rocketing While Working on Scalability Scalability is one of the main problems with almost any currency and digital asset out there. That is how there are several currencies with a dev team that places special attention to solving the problem of scalability in decentralized blockchain environments. Zilliqa (ZIL) is one of such currencies, and as solving scalability issues is its main “thing”, ZIL soon gained the status of a popular coin among the investors who favorize scalability over other technological qualities when it comes to choosing a preferred decentralized system. However, what made ZIL interesting in the eyes of the investors from the day one when it was originally launched in January of 2018 is the fact that Zilliqa was presented as the first blockchain-based environment that allows its network linear scaling while also allowing the exponential growth of the physical part of the blockchain.