1 Level
12 Review
6 Karma
Review on Zilliqa by Loi Tran Quoc
Whilst many dApp networks are wrestling with ways to solve scalability issues…
Whilst many dApp networks are wrestling with ways to solve scalability issues Zilliqa will be launching with facilities to scale on demand. As it may take years for other networks to solve the issue, Zilliqa may be at an advantage if it is able to gain adoption
Pros
- - They are already achieving 2488 transactions per second on the testnet. - It provides services to industries that require a high-throughput including, advertising, auctions, scientific computing, and insurance. - Its Scilla smart contract language is resistant to bugs. - Through sharding, it scales to demand. Also, as POW miners are collected into smaller shards it is far more energy efficient than most other POW systems. - With Byzantine Fault Tolerance and POW, the network will be very secure and offer competitive transactions fees.
Cons
- - Due to its high throughput, it may run into issues with storage. - Its new Scilla smart contract language is not universal and may put developers off from using it for want of a more common coding language. - It has a lot of competition in dApp platforms and will need to capture real adoption to own a market share.
