Sie sind auf Seite 1von 5

Zilliqa Analysis

Zilliqa (ZIL) Market Cap: $109,059,784 USD Circulating Supply: 8,058,407,704 ZIL Total Supply: 12,599,999,804 ZIL

Zilliqa (ZIL)

Market Cap: $109,059,784 USD Circulating Supply: 8,058,407,704 ZIL Total Supply: 12,599,999,804 ZIL Price: $0.013534;0.00000388 SATs Long

Background

The security made available through Blockchain technology is, mostly, unquestioned across the crypto sphere. Blockchain’s inherent ability to secure data in a decentralized

fashion leaves consumers to believe it

is the final solution to many of the

world’s existing problems. But the reality is, Blockchain technology is

highly inefficient. Some speculate it is one of the most inefficient technologies a company could adopt

in today’s world - which, in our

opinion, is hard to refute. Blockchains are naturally slow, processing negligible transactions per minute. For example, Bitcoin can process 3 to 5 transactions per minute. Mastercard’s system, in contrast, can process roughly 25,000 transactions per minute. Therefore, why would any person hoping to increase their company’s efficiency ever result to Blockchain technology? No one would, but there are advancements being made within the cryptocurrency and Blockchain space that will soon make the current efficiency problems a thing of the past.

make the current efficiency problems a thing of the past. A strategic development for blockchain technology

A strategic development for blockchain technology is the action of Sharding - the division of a network into

many smaller networks that are able to process transactions in parallel. Through Sharding, transaction rates increase as the network increases. An entity that seems to have best implemented sharing into its network is Zilliqa.

Website: https://zilliqa.com Exchange: https://www.binance.com/en/trade/ZIL_BTC

What is it? Zilliqa is created in a fashion so that it may scale in

What is it?

Zilliqa is created in a fashion so that it may scale in a permissionless distributed network. This is made possible as a result of Sharding. From the aforementioned information found above. Zilliqa is able to increase its transactional speeds through Sharding. Each day, as it becomes larger, Zilliqa gains a step closer to transacting as many data points as VISA and MasterCard. In time, Zilliqa could become the most efficient Blockchain technology in existence, making it a truly remarkable piece of technology.

existence, making it a truly remarkable piece of technology. But why Zilliqa? Consumers may state that

But why Zilliqa? Consumers may state that well-known digital assets such as Bitcoin and Ethereum could easily implement a Sharding process into their networks to combat inefficiencies. A belief of this regard is of reason. Bitcoin and Ethereum could simply improve their current position by implementing Sharding, however their networks are years old, with Bitcoin being ten years in age, and have subsequently generated myriad legacy transactions. Their existence could make Sharding more tedious, if you will. Therefore, Zilliqa, unlike Bitcoin and Ethereum, has utilized Sharding from its advent. Think of its network as a clean slate - one that has had scalability and efficient transactions as a major focus since its inception.

To accompany the advantages brought to the Zilliqua blockchain by Sharding, ZIL’s smart contract language and execution environment are designed to operate cohesively with the large scale computational platform enabled. Sharding essentially allows ZIL to create a larger ‘factory’ than any other blockchain to increase ‘production throughput’, but it is the data flow system created by the smart contract language and execution environment that acts as the ‘assembly line’ for the process. This allows for each node in the Zilliqua system to be either an operation or a function of the data flow process rather than requiring each node to verify a block as a whole.

Zilliqa is complex system. Its general use case is not one simply usable by an

Zilliqa is complex system. Its general use case is not one simply usable by an individual person. The average citizen won’t demand to have the bare Zilliqa system as it is far too technical to use. Large entities, however, will, ideally, seek the Zilliqa network to better suit their business needs, likely anything pertaining to transactional outputs.

Team

The ZIL team is led by Xinshu Dong (CEO), Yaoqi Jia (CTO), and Amrit Kumar (Head of Research). All three of these men have their careers firmly rooted in the design and creation of secure web systems. Both the CEO and CTO had had their work, on this field, published and exhibited at conferences around the world, such as PETS, RAID, ESORICS. Jia (CTO) had his work acknowledged by Google (Chrome) and Apple (Safari) during the creation of their popular web-based projects.

Zilliqua’s success will be dependent on their ability to provide on the technological promises put forward in their academic writings and white paper. We are confident in the ZIL team and its leaders due to their extensive research and long-standing career’s in the development of web systems space.

due to their extensive research and long-standing career’s in the development of web systems space. www.
The potential of Zilliqa is the sheer reason we are covering this project. Anyone close

The potential of Zilliqa is the sheer reason we are covering this project. Anyone close to this space knows how detrimental the scalability issue has been to the long-term outlook of the space, therefore any system or network that intends to improve the issues at hand, are of great importance to the future success of blockchain technology and digital assets. Furthermore, our position towards this project galvanized following Forbes’ coverage of the project this past year.

following Forbes’ coverage of the project this past year. For those most familiar of our analysis,

For those most familiar of our analysis, you likely know that we tend to provide extensive coverage of a company’s roadmap and upcoming developments. Zilliqa currently is without a 2019 roadmap, but it is still in line to release its MainNet this month as well as its Anchor DApp within the next two months.

line to release its MainNet this month as well as its Anchor DApp within the next