Header banner
Revain logoHome Page

Reviews

Global ratings 204
  • 5
    69
  • 4
    119
  • 3
    15
  • 2
    1
  • 1
    0

Type of review

Amazon Web Services are already behind the project and are fully invested in supporting it. A partnership with Mindshare has been signed recently, which will involve “testing whether Zilliqa’s blockchain protocol can be used to address pervasive industry challenges including contextual advertising in relation to fake news; develop strategic initiatives around data privacy and develop an industry-wide tokenization program which can be used for publisher and content scoring.” The participants in…

Pros
  • Zilliqa team is currently working on the Q2 testnet 2.0 launch with smart contracts alpha (beta will be released in Q3). After that comes the actual mainnet launch which should be ready for the Q3 of 2018. Anchor dApps are planned for Q4 with a 5 million USD grant to motivate developers and further work on privacy, interoperability and storage solutions (one of the biggest issues with sharding is the amount of disk space required for it to function) in 2019.
Cons
  • Zilliqa’s fundamentals have resulted in coins good performance on the market. Q2 has seen the price go up as high as 2350 satoshi which has recently consolidated a bit and went back to being slightly above 1600Zilliqa’s fundamentals have resulted in coins good performance on the market. Q2 has seen the price go up as high as 2350 satoshi which has recently consolidated a bit and went back to being slightly above 1600. The coin is currently traded at 1672 satoshis, or 0.12 USD, and is threatening to overtake Zcash on the no. 24 spot of the cmc’s cryptocurrencies by market cap list.. The coin is currently traded at 1672 satoshis, or 0.12 USD, and is threatening to overtake Zcash on the no. 24 spot of the cmc’s cryptocurrencies by market cap list.

Revainrating 5 out of 5

3. Advantages and Disadvantages of Zilliqa This project has a sufficient…

3. Advantages and Disadvantages of Zilliqa This project has a sufficient number of strong points: A strong development group . The project is composed of well-known people in the field: Christel Quek (a professional in the field of digital economy), Yaoqi Gia (expert in cryptography and digital security), Xinshu Dong (the main developer of the project, and one of the best specialists in blockchain technology). The presence of important partners. The market value of any good is determined…

Pros
  • 1. What is Zilliqa's cryptocurrency? The main idea of ​​the Zilliqa project is the development of a decentralized platform that would not have a scale limit and could even improve on its own. Now let's talk about all this in more detail. In order for the network to have a high bandwidth, developers have decided to use "sharding" technology. It is about dividing the data into many small "pieces". That is, the blockchain itself is divided into a number of parts. There are groups of nodes responsible for the correctness of the work of each part; each of them processes only their own part of the data. A similar approach allows you to easily perform more than a thousand operations per second (in theory, the limit is practically absent). If the amount of data (as a result, the transactions) increases, the network algorithm will break it into an additional number of parts. Everything is designed in such a way that the network regulates itself to the load. In addition, the Zilliqa platform could compete with Ethereum in the future, since it is possible to create smart contracts and own blockchain projects on the base. The applications that will start on the default Zilliqa platform will work with the sharding method and have a high bandwidth.
Cons
  • 2. Zilliqa in figures The fuel of the platform are the ZIL tokens, whose total emission is 21 billion. The developers immediately released 60% and the remainder will be allocated to the miners. By the way, the coin algorithm has a gradual increase in network complexity. Developers want to extend the token extraction process for around 10 years. Some Dried Numbers: The ZIL / USD rate is $ 0.055; The capitalization of the currency is almost $ 418 million 28th place in the global ranking of CoinMarketCap.

Revainrating 4 out of 5

Alongside sharding and a new programming language, Zilliqa offers some…

Alongside sharding and a new programming language, Zilliqa offers some upgrades in the mining and voting protocols as well. PoW is only used to establish and perform sharding, which reduces the computational burden of each transaction and reduces the possibility of the network being exposed to a Sybil attack. Consensus reaching is handled through Practical Byzantine Fault Tolerance (PBFT), as opposed to other blockchains which rely on PoW algorithms for both mining and consensus achievement.

Pros
  • Alongside sharding and a new programming language, Zilliqa offers some upgrades in the mining and voting protocols as well. PoW is only used to establish and perform sharding, which reduces the computational burden of each transaction and reduces the possibility of the network being exposed to a Sybil aAlongside sharding and a new programming language, Zilliqa offers some upgrades in the mining and voting protocols as well. PoW is only used to establish and perform sharding, which reduces the computational burden of each transaction and reduces the possibility of the network being exposed to a Sybil attack. Consensus reaching is handled through Practical Byzantine Fault Tolerance (PBFT), as opposed to other blockchains which rely on PoW algorithms for both mining and consensus achievement.ttack. Consensus reaching is handled through Practical Byzantine Fault Tolerance (PBFT), as opposed to other blockchains which rely on PoW algorithms for both mining and consensus achievement.
Cons
  • The main reason why the cryptosphere is interested in Zilliqa is, in this case for real, its technology. Zilliqa team designed a completely new programming language named Scilla, which will be used for on-platform development and creation of smart contract-based dApps. Ethereum has long been known for using an extremely unintuitive programming language in Solidity; Zilliqa’s Scilla is developer friendly and allows for the smart contracts to be tested before being officially launched, which helps mitigate the pains of launching a contract with vulnerabilities in it. Most importantly, Scilla is a “blockchain agnostic” language, meaning that it doesn’t discriminate among the blockchains and can be used for development on other platforms.

Revainrating 4 out of 5

Alongside sharding and a new programming language, Zilliqa offers some…

Alongside sharding and a new programming language, Zilliqa offers some upgrades in the mining and voting protocols as well. PoW is only used to establish and perform sharding, which reduces the computational burden of each transaction and reduces the possibility of the network being exposed to a Sybil attack. Consensus reaching is handled through Practical Byzantine Fault Tolerance (PBFT), as opposed to other blockchains which rely on PoW algorithms for both mining and consensus achievement.…

Pros
  • Zilliqa is an open-source blockchain project that initially presented itself to the crypto market back in 2017, when its crowdsale was successfully held. It caught many investor’s interest by designing a smart contract-based platform meant to allow users to run dApps in a blockchain-enforced virtual environment. This means that Zilliqa is gunning directly at Ethereum, the current granddaddy of the smart contract-like blockchain platforms. And with the way the project development has been going so far, there are plenty of reasons to believe that Zilliqa might just be THE project to successfully gun down its role model and claim the “Ethereum Killer” moniker in action and not just in word.
Cons
  • By using sharding, Zilliqa gets to solve two crucial issues that plague currently accessible blockchain technology: scalability and security. Most importantly, the functionality of this technology on the Zilliqa platform has already been tested and confirmed. A progress event was held by Zilliqa team on May 23rd during which both the Scilla language and the sharding technology were presented to the public for the first time. The platform showcased 6 active shards that managed to clock just over 2800 transactions per second, with the network managing to stay up and keep verifying even after being subjected to a simulated attack.

Many analysts say that with the launch of the Mainnet, the new platform will be no worse than Ethereum. While the latter is working on the introduction of sharding, Zilliqa is already testing it and is about to launch it. The project really looks very pretty. Go to its website. We have already done a lot of reviews and forecasts. Writing this article was the rare case when it was a pleasure to work with the project’s official materials. This speaks volumes.

Pros
  • Profitable mining – algorithms used by Zilliqa will allow for increasing the network bandwidth several hundred-fold, which will enable miners to increase their income. Low fees – high network bandwidth will increase competition, which will reduce transaction fees. New language of smart contracts (Scilla) – its main task is to reduce the vulnerability of smart contracts to third-party attacks.
Cons
  • Zilliqa offers an innovative solution to the urgent problem of scaling blockchain and ensuring high network bandwidth. The team works efficiently and can quickly solve emerging problems. The project is ready to give you a job if you can be useful to it, which means that it has a huge safety margin and great ambitions. ZIL cryptocurrency is gaining popularity and becoming an object of investment.

The world’s 25th largest cryptocurrency is currently in the green at $0.0849 with a gain of 0.89 percent while running in the red in the BTC and ETH market. With a market cap of $643 million, this cryptocurrency is the most active on Upbit, Binance, Huobi, and BitForex exchanges while managing a daily trading volume of about $44 million.

Pros
  • Zilliqa is a public blockchain platform which has been developed with the aim to scale thousands of transactions per second. It further claims to be “tailored towards enabling secure data-driven decentralized apps, designed to meet the scaling requirements of machine learning and financial algorithms.”
Cons
  • In its official blog, Ethermon details about the issue they are targeting i.e. the high gas price which is limiting their players’ gaming experience. With the gas price shooting up to 100 Gwei recently, they are looking for a scalability solution. Talking about their short-term approach, they are going off-chain while syncing the rewards to Ethereum network intermittently. As for the long term, they are working with Zilliqa team to explore its network for a scalability solution as, “the higher throughput and low gas of Zilliqa’s sharding solution offer players the better experience.” The blog further talks about what these changes will mean for the players that you can read here.

As you understand from the above, ZIL cryptocurrency can be mined. But before the start of Mainnet, there is no special reason to talk about this. We’ll note only some of the features of ZIL mining announced by the project team: Each Zilliqa node performs PoW first, after which it will participate in the pBFT consensus protocol. Mining focused GPU-focused, although before the increase in its difficulty, CPUs will be suitable for mining. High energy efficiency of coin mining. The cost of energy…

Pros
  • Safe and effective consensus protocol – the developers of the project have created their own protocol, which is not used in other networks, namely the optimized practical Byzantine Fault Tolerant (pBFT). We emphasize that it is optimized, because the protocol itself (pBFT) is not an invention of Zilliqa.
Cons
  • This innovative product is very different from its competitors. The platform uses the node sharding mechanism to parallelize the computational processes in the network. The team has presented a new fragmentation computational structure (better known as sharding). The list could go on. We are going to cover briefly the key points.

Revainrating 4 out of 5

ZIL cryptocurrency was created to provide Zilliqa platform operation. It…

ZIL cryptocurrency was created to provide Zilliqa platform operation. It trades on many well-known exchanges and is an interesting investment object. You can read about it in more details here. There you will read about its pros and cons, and also learn how much this crypto will probably cost in 2018-2019.

Pros
  • Sharding (fragmented network) – the network of nodes is divided into small subgroups, each of which is formed to process and achieve consensus, which allows for parallelizing processes and speeding up the network capacity. In the process of testing their own blockchain, there was achieved a rate of 2500 transactions per second! They say that this is not the limit.
Cons
  • So far, Zilliqa is operating on a testnet, therefore its functionality is very limited. However, its developers promise to show Mainnet in all its glory and power in September 2018. Probably, this autumn we will see several independent projects created on a new platform.

Zilliqa derived as remarkable succesfull cryptocurrency on market, as the world’s first high-throughput public blockchain, Zilliqa’s primary selling points is that it can allow thousands of transactions fairly easily, as this is the specialize of ZIL.

Pros
  • Zilliqa is a new blockchain-based platform, integrated by high scalability and high transaction throughout, support a smart contract ecosystem. ZIL is code for Zilliqa and its ERC20 token built on Ethereum network.
Cons
  • The regulation tend similar to its network (ETH) as there are some complicated ways in the ways you stored ZIL within hardware Ledger wallet or MyEtherWallet.

Programmatic advertising suffers from ad frauds and too many intermediaries that reduce the value that the advertisers get for their money. Mindshare is using Zilliqa’s blockchain to tackle these issues.Infoteria Corporation is listed on the Tokyo Stock Exchange under the ticker symbol 3853. It engages in the development of software, such as data integration middleware that supports automation of operations through non-programming technologies.

Pros
  • What are you now, be happy or sad ? When in a moment I suddenly remembered you? I still like that, still love you like any day. Still people are always watching you only...Zilliqa’s high scalability results in low transaction fees which makes it possible for DApps to make micro-payments across borders.high transaction fees or security which are the key issues with legacy blockchain platforms.
Cons
  • increasing throughput while maintaining high security and decentralization - has been covered by various media establishments.

In order for the network to have high bandwidth, the developers decided to use the technology “sharding”. It involves splitting the data into many small “pieces”. That is, the blockchain itself is divided into a number of parts. There are groups of nodes responsible for the correctness of the work of each part; each of them processes only its own part of the data.

Pros
  • 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.
Cons
  • We note that current project’s roadmap does not have business development milestones and does not cover the period after dApps release in Q4 2018, whereas vesting for the team will continue for 2 more years (2019 and 2020). It is currently unclear what the team targets are in the forthcoming years.

Zilliqa platform may compete with Ethereum in the future, since it is possible to create smart contracts and own blockchain projects on its basis. Applications that will be launched on the Zilliqa platform by default will work by the method of sharding and have high bandwidth.

Pros
  • 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 ).
Cons
  • 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.

However, the problem is not a lack of interest but a lack of userfriendly and effective technology to make that possible. The most popular smart contracts platform, Ethereum recently hosted an application called Crypto Kitties which brought the entire network to a standstill and eventually had to be stopped so the rest of the network could function seamlessly.

Pros
  • No, that’s highly unrealistic as it would require Zilliqa to have a market cap greater than Bitcoin for that to happen. With that being said it’s innovative technology and solid technical team have a good chance of outperforming the rest of the crypto market once their MainNet is released later this year - Q3. Upcoming partner announcements will give a clearer picture as to where this project is headed short term. A worthy high flyer to research further if you are looking for a solid crypto currency project to follow
Cons
  • Zilliqa (ZIL) appears to have an effective use case as a scalable blockchain, but it is yet to provide a similar scalable solution of Dapps and smart contracts to be built on its platform. The way principles of sharding and throughput work with Zilliqa (ZIL) is that both of these focus more on data flow and programming rather than on checking variables, functions and stats of a smart contract. For smart contracts, these operations are a necessity and as such Zilliqa (ZIL) may not be the ideal solution yet. Zilliqa (ZIL) has traded boldly against Bitcoin (BTC) and USD ever since its launch. The crypto currency has seen increasing interest over the weeks and is one of the few cryptocurrencies to record double digits gains on sight of a possible recovery. The price continues to be in an uptrend and is poised mark new highs for the year if Bitcoin (BTC) holds ground.

ZIL token has reached its all-time-high (ATH) of approximately USD 0.20 (BTC 0.000023) per token not long before Consensus 2018 in mid-May 2018. After that, token price went down as the market downtrend took place in late May 2018 and reached USD 0.11 (45% decrease to ATH) or BTC 0.000015 (35% decrease) by the end of May. We also note that current BTC price of ZIL is 25% higher than the price as of the date of listing to exchanges.

Pros
  • Major problem which blockchain projects like Zilliqa, Ethereum and many others are currently trying to solve is scalability. Zilliqa offers an on-chain scalability which means that sharding is already available on their testnet. Ehereum sharding, on the other hand will become available only after PoS is implemented (expected late 2018) which means sharding will be launched at least in 2019 or later.
Cons
  • Major problem which blockchain projects like Zilliqa, Ethereum and many others are currently trying to solve is scalability. Zilliqa offers an on-chain scalability which means that sharding is already available on their testnet. Ehereum sharding, on the other hand will become available only after PoS is implemented (expected late 2018) which means sharding will be launched at least in 2019 or later. Major problem which blockchain projects like Zilliqa, Ethereum and many others are currently trying to solve is scalability. Zilliqa offers an on-chain scalability which means that sharding is already available on their testnet. Ehereum sharding, on the other hand will become available only after PoS is implemented (expected late 2018) which means sharding will be launched at least in 2019 or later.

Zilliqa Partnerships Zilliqa has a number of strategic partnerships in the blockchain space through the members of its advisory board, including FBG Capital, a digital asset management firm in the blockchain-based capital market. It also has a partnership with Global Brain, one of the largest venture capital firms in Japan. Zilliqa announced a partnership with Mindshare, a leading global advertising agency, toward the end of 2017. It most recently announced a partnership with Genaro, a…

Pros
  • The Idea and the Team Behind Zilliqa As increasing numbers of cryptocurrencies and smart contract platforms share computing resources, the limits of scalability are becoming more and more challenging. Transaction rates in Bitcoin and Ethereum are usually between 3 and 7 a second (TPS). Any global payments network would require many tens of thousands more TPS in capacity. Zilliqa is a new blockchain platform designed for scalability.
Cons
  • Xinshu Dong, Zilliqa’s CEO, is a computer security expert with experience applying security systems to web applications, web browsers, mobile platforms and cyber-physical systems such as smart grid and transportation systems. He has a doctorate in computer science from the National University of Singapore. The Head of Business Development is Ong En Hui. She has a strong background in finance and previously worked at JPMorgan in the sales team covering pension funds, insurance companies and banks in Singapore.

DigiByte has established a reputation for being on the cutting edge of crypto-development. Its DigiShield technology gained wide acceptance as a solution for difficulty adjustment. It was also the first blockchain to implement SegWit. MultiAlgo mining has yet to catch on. However, that’s another area DigiByte has pioneered in the blockchain industry. Overall if I would put an 10-point scale for DGB dot 9.5 points. 1 coin potential

Pros
  • potential projects I was involved in the present. I accidentally read information from one site on the internet and I have a heart to understand and to participate until now. it very well from the roadmap, DEV team, a large community ... pretty cool
Cons
  • DigiByte’s faster block time means transactions get processed and confirmed much faster on its network. DigiByte’s block time is 15 seconds, placing it around 40x faster than Bitcoin. Of course, faster block time comes with scalability issues as each node on the network must maintain the entire history of the blockchain in order to confirm new transactions. DigiByte’s blockchain is already the longest in the world

The team behind Zilliqa (ZIL) comprises of computer scientists and researchers. They have recently conducted a test trial which has delivered astonishing results. With a transaction rate of approx 1400 transactions per second, it is well ahead of its competitors. Zilliqa (ZIL) also focuses more on security and identity verification. Miners on the network are required to complete a proof of work hash and every machine is only allowed a limit of 1 node so that a small group of powerful people…

Pros
  • Zilliqa (ZIL) has seen increasing investors’ interest for its scalable smart contracts solutions. Initially, a lot of blockchain projects in the same niche as Zilliqa (ZIL) ignored scalability as the space was relatively new and there were not enough live applications on many of these platforms to pose any threats to scalability. However, the recent evolution of the blockchain industry took many by surprise as the need for effective smart contracts platform has grown incredibly. Most new businesses want to use a blockchain to be in sync with the changing business landscape. However, the problem is not a lack of interest but a lack of userfriendly and effective technology to make that possible. The most popular smart contracts platform, Ethereum recently hosted an application called Crypto Kitties which brought the entire network to a standstill and eventually had to be stopped so the rest of the network could function seamlessly.
Cons
  • The best alternative in the market to address this issue is, Zilliqa (ZIL), which makes scalability and speed possible with sharding and transaction through put. Zilliqa (ZIL) even with its less number of nodes as of now is able to conduct a lot more transactions per second than Ethereum (ETH) or Bitcoin (BTC). Zilliqa (ZIL) is currently capable of handling tens of thousands of transactions per second and its capacity can be increased with more nodes. This is possible through the concept of sharding allowing different nodes to be combined into groups to process transactions a lot faster than usual. Blockchain projects with an emphasis on speed of transactions rather than complex smart contracts would find Zilliqa (ZIL) to be the ideal solution.

The project has strong competitors based on their progress and market position, however, we note that Zilliqa has several competitive advantages in terms of performance and security as compared to its rivals. We also note that competitors do not have actual roadmaps publicly available, so it remains unclear when they are planning to add additional features in the future.

Pros
  • Zilliqa ICO had hardcap of 48,889 ETH, or USD 22,000,000 at a locked rate of 450 USD/ETH. Team’s original plans called for a cap of USD $20mm, but due to the significant increase in the ETH/USD exchange rate in late November 2017, they locked the exchange rate at USD 450 per ETH and increased hardcap by USD 2,000,000 (4,445 ETH) to allow existing community on Slack, Telegram and early contribution waiting list to participate in the ICO. Zilliqa ICO collected 100% of the hardcap.
Cons
  • Roadmap is not comprehensive - We​ note that current project’s roadmap does not have business development milestones and does not cover the period after dApps release in Q4 2018, whereas vesting for the team will continue for 2 more years (2019 and 2020). It is currently unclear what the team targets are in the forthcoming years.

currency with large amount in its total supply with appreciation muto little with similar projects many other currency with a very huge amount this coin being one of the most similar wanting to be and getting only one more in this market being able to reach its maximum value up to 1 a dollar not being able to surpass this value being very little chance to arrive at this value

Pros
  • community
Cons
  • quantity supplied

If you’ve been following along up to now, this is absolutely mind-bogglingly huge for blockchain as a whole. Rather than wait around for years while the smartest minds work on sharding solutions, we can take a working sharding implementation and USE it for real-world applications. Why is this a big deal for blockchain tech? Blockchain has, as of yet, been a promising technology but still too slow to be used for real-world applications. What real dApp with more than a few thousand users can run…

Pros
  • In layman’s terms, scalability is simply increasing the throughput of blockchain technology. Or in even simpler terms, improving the transactions per second the blockchain can handle. What is a transaction? Simply any operation issued by a user that changes the state of a system — basically, any data sent over the blockchain network is a transaction. So scalability is increasing the speed at which a transaction moves through a blockchain network. The problem here is that scalability is a really, really, really hard thing to achieve in a blockchain without sacrificing security and decentralization.
Cons
  • With hundreds even thousands of Ethereym dApps all promising to use the single shared Ethereum world computer to decentralize everything from Artificial Intelligence to your smart toaster, it’s pretty obvious there is a big problem that must be solved before Ethereum is usable…and useful