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Revainrating 5 out of 5

The DS Committee is also responsible for some general utilities of the…

The DS Committee is also responsible for some general utilities of the framework. For example, when a new transaction is being broadcasted to the Zilliqa network, the DS Committee decides which shard will receive this transaction. Another role of the DS Committee is to assign a new node in the network to its suitable shard.

Pros
  • This is a group of nodes that manage the activity of Zilliqa’s framework. We can divide their role into two main parts: Building the general consensus (the Zilliqa general blockchain) and maintenance of the Zilliqa framework.
Cons
  • As we mentioned before, each shard is only aware of the transactions that were assigned to it. After some shard has finished creating a new block it is sent to the DS Committee. The DS Committee needs to decide whether to add this block to the general blockchain. This done by executing another process of the PBFT consensus protoco

Revainrating 4 out of 5

Zilliqa utilizes pBFT protocol to ensure security of the network. pBFT assumes…

Zilliqa utilizes pBFT protocol to ensure security of the network. pBFT assumes that portion of the nodes within the network is hostile. Based on that, each node has to independently verify all transactions in the network and share the results with other nodes. Consensus is reached by the majority of the nodes. Zilliqa offers transaction finality unlike its competitors which means that there is no need to wait for confirmations. This also eliminates double spending risk and provides additional…

Pros
  • the following highlights of project’s performance during the first 5 months of 2018: Team strengthening (6 new team members) Release of wallet and public testnet v 1.0 Evidence of team’s work on GitHub Good token performance as compared to market and the competitors
Cons
  • Development risks - The​ project’s roadmap and the actual performance of the team during the first five months of 2018 show that the planned development pipeline is justified and achievable. However, key release dates are still in the future and the risk that unexpected problems with security/performance may occur by then remains.

Revainrating 3 out of 5

Theoretically, according to the information from this project there is no…

Theoretically, according to the information from this project there is no limit to the number of network transactions that Zilliqa can process per second, that is, unlimited transactions on the network, which we consider to be at least a very advantageous advantage. . In practice, depending on the number of nodes in the network, it can process dozens or hundreds of thousands of operations per second.

Pros
  • Zilliqa is a deep look at a great scalable solution and the first public blocker designed to implement sharding.
Cons
  • This is a great project

Revainrating 4 out of 5

Zilliqa’s blockchain is scalable, decentralized and secure. In other words, it…

Zilliqa’s blockchain is scalable, decentralized and secure. In other words, it seeks the highestest trasnaciton throughput while at the same time allowing more and more nodes on the network. Since every node on a network has to validate each transaction, the data has to travel further and be stored by all nodes on the network. As the size of the network increases, scalability decreases. Zilliqa, on the other hand, is linearly scalable, meaning that as the number of nodes increases, the…

Pros
  • The ZILLIQA platform is designed for two types of entities: users and miners. A user is an external party who uses ZILLIQA system to transfer funds or execute smart contracts. Miners run ZILLIQA’s consensus protocol and get rewards.
Cons
  • Zilliqa tokens are called Zillings (ZILs) and are used to give users access to the platform which entitles them to transfer funds or run smart contracts.

Revainrating 4 out of 5

The market niche of infrastructure blockchain platforms in general bears…

The market niche of infrastructure blockchain platforms in general bears little to no regulation risks. We note that Zilliqa Research Pte Ltd is registered in Singapore: https://www.sgpbusiness.com/company/Zilliqa-Research-Pte-Ltd.​ Singapore is considered as one of the top blockchain and ICO-friendly countries in the world.

Pros
  • the following general strengths of Zilliqa project: Ambitious and perspective idea Healthy vesting conditions Strong team Good competitive position
Cons
  • Competition - 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.

Revainrating 4 out of 5

Zilliqa has good volume not great and good amount in market cap. Which help…

Zilliqa has good volume not great and good amount in market cap. Which help this project more valuable. I personally think, Team not yet understand Zilliqa project value and future. If you analysis this project then you know, zilliqa got so much support from kyber network any many more advisors. Which can make it BEST.

Pros
  • In my personal opinion, Zilliqa is a best-decentralized cryptocurrency I ever see in decentralized market sector. illiqa was founded by Prateek Saxena, who is from University of California and Xinshu Dong and Amrit Kumar from the University of Singapore. Team looks good and did their best short.
Cons
  • As we know in Zilliqa team are not big and doesn't have any big short to understand about blockchain technology! How can we know, See the result and problem overcome decision. zilliqa was become famous because of zilliqa advisors and supporters support for zilliqa.

Revainrating 4 out of 5

Scalability will remain an issue for blockchain technologies for the…

Scalability will remain an issue for blockchain technologies for the foreseeable future. While existing blockchain projects are looking for a work-around that likely won’t provide more than a short-term solution, the team at Zilliqa is taking a different approach and tackling the issue head on, with a unique and innovative approach.

Pros
  • Zilliqa’s goal is to address the challenge of scalability within the public blockchain system by increasing the number of processable transactions per second (TPS). It aims to do this while at the same time offering a lower cost to miners with more stable rewards and a competitively lower transaction fee for users.
Cons
  • Telegram Community not helpful otherwise everything is fine great team and project.

Revainrating 5 out of 5

Zilliqa coin is listed on the floor from Jan. 26, 1818, with a floor price of…

Zilliqa coin is listed on the floor from Jan. 26, 1818, with a floor price of $ 0.1368 per coin, and currently its price is tending to decrease, at the time of Virtual Money Blog writing this article is 20 / 03/2018, the ZIL is $ 0.044816 per coin, but can be said that this is still a potential electronic coin in the future.

Pros
  • Testnet results describe very positive scalability The network structure allows the network to expand its capabilities when more minerals are involved. There are other features such as MapReduce that are reported to operate very fast due to the way the network is sharded. Sharding is built on all levels of the stack. (A major stack is an abstract data type (ADT), which is used in almost every programming language).
Cons
  • Currently, Zilliqa is running an internal testnet version of the Zilliqa blockchain and has performed up to 2488 transactions per second based on 6 shards and 3600 nodes. Based on the roadmap on the website and the CEO roadmap, Zilliqa should have published the design document, detailing the application framework, smart contract, and how the collection would work. However, at this time, these documents have not been released yet. The roadmap that Zilliqa presents is very positive, if they can follow the route, Zilliqa may be leading the blockchain with high throughput. However, the risk in implementing the roadmap is very high

Revainrating 4 out of 5

Zilliqa is a blockchain platform has expanded in the network, not allowed and…

Zilliqa is a blockchain platform has expanded in the network, not allowed and allocating network. Basic basis that Zilliqa ico mong muốn extract the primary is scalability. This is also matter that blockchain community found to resolve. Current blocks blockchain must be against an argument with error rule and missing process processing to some transactions bit on seconds (TPS), can be required to determine a VISA network network

Pros
  • Zilliqa plans to launch a blockchain-based platform that can process thousands of transactions in an open, secure, and permission-less distributed network. Furthermore, the project also plans to develop an “innovative special-purpose smart contract language and execution environment” that takes advantage of their network’s underlying architecture to provide an extensive and efficient computation platform
Cons
  • Zilliqa’s use cases put the project in competition with Bitcoin (funds transfer) and Ethereum (smart contract deployment). Since both of these platforms control market shares in excess of $2oo billion, Zilliqa has considerable room for growth. However, Bitcoin and Ethereum have been around for years, so, even though it offers a significant upgrade in scalability, it may take years before Zilliqa upstages the 2 biggest platforms on the blockchain

Revainrating 5 out of 5

Zilliqa ICO Team Xinshu Dong, CEO of Zilliqa, has previous experience in…

Zilliqa ICO Team Xinshu Dong, CEO of Zilliqa, has previous experience in blockchain research and development with Anquan, a proprietary scalable and secure blockchain. Anquan is primarily deployed for financial and ecommerce applications and is in many ways a precursor to the Zilliqa project. As Lead Engineer of Anquan, he brings both his blockchain knowledge and leadership experience to the Zilliqa team. Christel Quek (CMO), is an all-star member of the Zilliqa team. Co-Founder of BOLT, a…

Pros
  • The Zilliqa ICO introduces a new blockchain platform capable of processing thousands of transactions per second, with the potential to rival the transaction time of centralized payment transaction systems. To scale the protocol to this level, Zilliqa employs a mechanism called “sharding”, whereby transaction throughput increases linearly with network size . If we take an example of 1,000 nodes based on the protocol, Zilliqa would automatically divide the network into 10 shards with 100 nodes each. The shards can then process transactions in parallel with each other. If each shard is capable of processing 10 transactions per second, then all shards together can process 100 transactions per second.
Cons
  • Zilliqa will be powered by Zillings (ZILs), which are in many ways analogous to ETH on the Ethereum protocol. ZILs are used to pay fees to the network nodes. The token will initially be distributed as an ERC-20 token until the mainnet launch, when the ERC-20 will be swapped with ZIL protocol token. Within the ZIL ecosystem, each block rewards several miners at a time. In addition, the protocol is designed so that miner income is more stable compared to other chains. Low levels of variance within the ecosystem and nodes that allow mining by multiple miners at once mean rewards are distributed more evenly than other blockchains.

Revainrating 5 out of 5

The Zilliqa ICO introduces a new blockchain platform capable of processing…

The Zilliqa ICO introduces a new blockchain platform capable of processing thousands of transactions per second, with the potential to rival the transaction time of centralized payment transaction systems. To scale the protocol to this level, Zilliqa employs a mechanism called “sharding”, whereby transaction throughput increases linearly with network size . If we take an example of 1,000 nodes based on the protocol, Zilliqa would automatically divide the network into 10 shards with 100 nodes…

Pros
  • demonstrate just how vulnerable widely used blockchain protocols like ETH are when it comes to issues of scale. To expand the technology, the ability to handle a larger number of transactions per second stands as a primary roadblock. If blockchain is to ever find a use case with high transaction utilities like payment processing (think how many credit card transactions happen a second), the issue of scaling must be addressed. The Zilliqa ICO offers a novel way to address the issue of scaling.
Cons
  • The Zilliqa ICO introduces a new blockchain platform capable of processing thousands of transactions per second, with the potential to rival the transaction time of centralized payment transaction systems. To scale the protocol to this level, Zilliqa employs a mechanism called “sharding”, whereby transaction throughput increases linearly with network size . If we take an example of 1,000 nodes based on the protocol, Zilliqa would automatically divide the network into 10 shards with 100 nodes each

Revainrating 5 out of 5

In conclusion, Zilliqa is one of the few blockchain-based projects that tick…

In conclusion, Zilliqa is one of the few blockchain-based projects that tick all the right boxes. A relevant use case, a unique value proposition, a strong team, a token that is already performing well in the market, and a working testnet. All the signs are looking good for this project but as always, prospective investors must remain informed and invest wisely

Pros
  • I think its strengths of zilliqa is: Well-educated and highly-experienced team. They have a working testnet that confirms their technical theories. Their testnet has transaction rates that compete with centralized networks, even with a smaller network size
Cons
  • The weaknesses is: Ethereum is about to fully release a mechanism that should solve its scalability problem. This may take away some of Zilliqa’s advantage over the platform

Revainrating 5 out of 5

With hundreds — even thousands — of Ethereym dApps all promising to use the…

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.Overall nso pretty is good for investors in the future

Pros
  • Zilliqa solves the scalability problem through a version of sharding called transaction sharding. It’s a more limited sharding solution compared to state sharding , but it’s a form of sharding that works. I think it is too good for the electronic money market
Cons
  • But before we delve into just HOW Zilliqa has implemented sharding, let’s look at the general problem of scalability and why it’s so critical to achieve if blockchain is to move beyond the interesting science experiment it is and leap into the real world as a disruptive force. It will take time for investors

Revainrating 5 out of 5

Zilliqa aims to host Dapps through a scalable and secure blockchain. They…

Zilliqa aims to host Dapps through a scalable and secure blockchain. They have not yet their mainnet that is going to be launch in December 2018. Their team is very diverse and that's a good thing and looks solid too. Their core is sharding. The idea is to divide the mining network into smaller consensus groups called shardseach capable of processing transactions in parallel. The aim is to build an efficient consensus.

Pros
  • Eth alternative, fast transaction and it aims to have no congestion in the network traffic
Cons
  • It is an alternative to eth and its future lay on the smart contract success.

Revainrating 5 out of 5

Zilliqa is eager to implement on-chain expansion, or self-expansion blockchain…

Zilliqa is eager to implement on-chain expansion, or self-expansion blockchain, as opposed to off-chain solutions such as payment channels. To achieve this goal, Zilliqa will shard the deals on Zilliqa blockchain. The Zilliqa network is divided into smaller networks that increase the blockchain throughput by increasing the number of transactions to be made in parallel. Zilliqa utilizes a streamlined data flow model that allows tasks to be solved in parallel and can function effectively in tasks

Pros
  • The Zilliqa team is comprised primarily of PhDs in computer science with an academic background. In fact, Zilliqa was born from an R&D project of the National University of Singapore and more than two years of work had a functioning blockchain before the Zilliqa ICO. The CEO of the project is Xinshu Dong, who completed his PhD at the National University of Singapore. Since then he has been a leading cybersecurity expert, working on a number of security projects for the Singaporean government. This is great team
Cons
  • Zilliqa has mentioned many times that they do not see this as a competitive alternative to blockchain, but instead, Zilliqa is a blockchain for better tasks. Therefore, being compared to blockchain with high-throughput smart contract is of course.

Revainrating 5 out of 5

In practice there are limits however, as the number of transactions processed…

In practice there are limits however, as the number of transactions processed is dependent on the number of nodes in the network. Ultimately however it’s reasonable to think that Zilliqa could process tens of thousands of transactions, and possibly even hundreds of thousands of transactions per second

Pros
  • That blockchain is Zilliqa, which had its private ICO in late 2017 and a small public offering in January 2018, making it one of the first new tokens of 2018. Zilliqa is the only blockchain that has functioning sharding, which allows the blockchain to scale in a linear fashion as the network grows in size. Currently running on a testnet, Zilliqa expects to launch on main net in the third quarter of 2018
Cons
  • This is a fundamental change to how a blockchain reaches consensus, as the sharding solution scales alongside the size of the Zilliqa network. In theory, Zilliqa has no limit on the number of transactions per second it could process.

Revainrating 4 out of 5

Scilla imposes a structure on smart contracts that will make applications less…

Scilla imposes a structure on smart contracts that will make applications less vulnerable to attacks by eliminating certain known vulnerabilities directly at the language-level. Furthermore, the principled structure of Scilla will make applications inherently more secure and amenable to formal verification.

Pros
  • Scilla aims to be a structured and principled smart contract language that is expressive enough to develop “interesting“ dapps while ensuring the safety of contracts and enabling formal reasoning about contract behavior.
Cons
  • Non Turing Complete Language - Turing complete languages allows more complicated apps in comparison to Non Turing Complete language. So there will be a limitation here in the type of applications that can be developed as a dApp on the Zilliqa blockchain.

Revainrating 4 out of 5

Scilla short for Smart Contract Intermediate-Level LAnguage is an intermediate…

Scilla short for Smart Contract Intermediate-Level LAnguage is an intermediate-level smart contract language being developed for Zilliqa. Scilla has been designed as a principled language with smart contract safety in mind.

Pros
  • The language is being developed hand-in-hand with formalization of its semantics and its embedding into the Coq proof assistant — a state-of-the art tool for mechanized proofs about properties of programs.
Cons
  • Mainnet Launch Although the Mainnet had been scheduled for release in the third quarter of 2018, the team at Zilliqa have pushed the launch to December this year or in January next year.

Revainrating 4 out of 5

Scilla is under active research and development. The language comes with an…

Scilla is under active research and development. The language comes with an interpreter that can be used to try Scilla contracts. while Scilla was designed in the context of Zilliqa, it is not agnostic to the underlying blockchain platform and hence can be used with any other blockchain.

Pros
  • Scilla imposes a structure on smart contracts that will make applications less vulnerable to attacks by eliminating certain known vulnerabilities directly at the language-level. Furthermore, the principled structure of Scilla will make applications inherently more secure and amenable to formal verification.
Cons
  • The longer that Zilliqa remains in development, the more chance there is that other platforms will catch up. For example, Ethereum is working on its scalability solution right now!

Revainrating 4 out of 5

The language adopts certain design principles to make contracts tractable and…

The language adopts certain design principles to make contracts tractable and hence easier to reason about: Separation between computation and communication: Every in-contract computation (e.g., changing its balance or computing a value of a function) is implemented as a standalone, atomic transition, i.e., without involving any other parties. Whenever such involvement is required (e.g., for transferring control to another party), a transition would end, with an explicit communication, by…

Pros
  • Scilla, short for Smart Contract Intermediate-Level Language, is an intermediate-level smart contract language being developed for Zilliqa. Scilla has been designed as a principled language with smart contract safety in mind.
Cons
  • It’s still being developed: The mainnet launch was supposed to be in the middle of 2018 but it now looks like it won’t be launched before September. It’s almost impossible to tell what kind of real-world value Zilliqa will have until it launches. Only then we will find out what kinds of smart contracts and dApps it can support and at what speeds.