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Review on Zilliqa by Joeann Rosenburg
The world’s 25th largest cryptocurrency is currently in the green at $0.0849…
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.
