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Review on Zilliqa by Georgia Birch
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.
