Review on Zilliqa by Albert Smith
Review of zilliqa cryptocurrency project
The Zill coin is used to represent the Zilliqa project. This startup has focused on the crypto industry's biggest challenge: improving the speed and cost of operations on the block chain network. Its goal is to become the digital platform that can process the most transactions per second, up to 2,400 transactions per second. Its creators bet on a decentralised block chain with optimal transaction agility at a lower cost.
The Zilliqa project's goal is to build the first public access block chain network that can scale to the highest number of transactions per second.
Unlike previous blockchain networks, this one is aimed at a bigger market, allowing for the development of apps that are open to the entire public.
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Pros
- It enables the creation of smart contracts using a powerful coding language that can detect and repair earlier errors.
- The cost of operations rises in lockstep with the network's expansion.
- It has a more open stance and isn't just intended to be a digital payment platform.
Cons
- Because it must collaborate with other nodes around the world, your database or block chain does not have an appropriate level of scalability on its own.
