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www.TryBravado.com
Market Cap: $109,059,784 USD
Background
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?
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.
www.TryBravado.com
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
www.TryBravado.com
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.
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.
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