Review on Zilliqa by Karima Priolo

Name: Zilliqa
Item: Zilliqa
Rating: 5

September 19, 2018

Prospects for 2018-2019 In the cryptocurrency industry it is always difficult…

Prospects for 2018-2019
In the cryptocurrency industry it is always difficult to say for sure about any forecasts. If you look at the graph of the coin’s exchange rate, you can see that now it sank almost 4 times, compared to the maximum that was fixed on May 10, 2018, at 20 
cents (now 5.5 cents).
But it should be remembered that the total capitalization of the market during this time sank by almost 200 billion dollars (from 450 billion to 250 billion dollars)
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Pros

Advantages and disadvantages of Zilliqa This project has a sufficient number of strengths: Strong development team. The project is staffed by very well-known people in the industry: Christel Quek (a professional in the field of digital economy), Yaoqi Gia (leading expert in cryptography and digital security), Xinshu Dong (the main developer of the project, and one of the top specialists in blockchain technology ). The presence of major partners. The market value of any asset is determined, first of all, by the demand of consumers. In the Zilliqa project large sums of money are invested by many large companies and venture funds, for example FBG Capital, Kenetic Capital, Signum Capital, IKX, Linklaters, etc. Technology required by the market. The problem of small bandwidth is quite relevant for the industry. In the testing mode, the developers managed to achieve a rate of 2488 operations per second (for comparison, it is 355 times faster than Bitcoin). This value was fixed when there were only 3,600 nodes in the network. If their number is increased, then the capacity will increase in direct proportion. Modified smart contracts. On the basis of Zilliqa, you can simultaneously create a lot of smart contracts and view them in parallel. This function will allow you to work much more efficiently with the platform.

Cons

But, nevertheless, some market experts consider the project not very attractive, due to the great competition in this segment of the market. Skeptics claim that the developers of Zilliqa are already late; they believe that if the project had been launched in 2016, it would have been with overwhelming probability of waiting for a stunning success. But in 2018, there are already too many potentially promising projects in the smart contract segment, so it will be much more difficult to get through in such conditions.