No doubt Zilliqa has more advanced technology it will solve the scability issue by implementing this tech on their network. I believe this will be among top markets in upcoming days so this could be great investment if follow them and keep faith in this project.
Zilliqa is a Next-Gen High-throughput Blockchain Platform. Zilliqa introduces a new blockchain platform capable of handling thousands of transactions per second, which is capable of competing with the trading time of centralized payment transaction systems. In order to extend the protocol at the above level, Zilliqa's personnel use a mechanism called "sharding", where the amount of transaction information increases linearly along with the size of the network. If we set an example of 1000 nodes based on the protocol, Zilliqa will automatically divide the network into 10 segments with 100 nodes each. The following paragraphs can handle transactions in parallel. If each segment is capable of processing 10 transactions per second, all segments together can process 100 transactions per second.
The main point about Zilliqa: Zilliqa is looking to make scale expansion across the network, which is to expand the blockchain itself but in contrast to off-chain solutions like other blockchain. Zilliqa achieves this by dividing the transactions on the Zilliqa blockchain. The Zilliqa network is divided into smaller component networks that increase the throughput of the blockchain by increasing the number of transactions that can be processed in parallel using Zilliqa. A streamlined data flow model that allows tasks to be performed in parallel and can effectively work on MapReduce as common tasks.
ZILLAQA APPLICATIONS Zilliqa is the ideal platform for running dApps applications that require more than the current blockchain capabilities. Examples of parallel auctioning applications, digital supply chain transparency and global payment networks. In addition to providing blockchain platforms, Zilliqa also offers dApps and miners applications the following features: Stable settlement for miners with low variance Low cost and compatibility with Ethash. Better power by leveraging PoW to set up Quantitative Security for dApps users with varying budgets for security calculations Smart security contracts and sample data streams.
Zilliqa (ZIL) may not have received much attention recently, but it is certainly one of the most noteworthy projects in 2019.
The highlight of this project is that it is researching one of the biggest issues with blockchain technology, which is its scalability. Zilliqa aims to solve this problem by using Sharding and in tests, it has proven its effective operation, achieving transaction speed of over 2,000 transactions per second without any manifestation. No effective network.
Zilliqa is very serious about network expansion, which is why they postpone their mainnets to make sure everything is running properly. Its mainnet will be launched in early 2019, when everything will be in perfect condition.
The fact is that it addresses scalability, which can help it be accepted, applied in billions of dollars in applications devoted to critical industries such as finance. The future is in decentralized applications, and Zilliqa will be the center of all.
How will Zilliqa develop? Yes, that is not something that is easy to predict, but $ 1 Zilliqa (ZIL) carries great potential in the future. With its Sharding scalability solution, it may be appealing to developers who are looking to avoid the inefficiency of larger blockchain but less scalable.
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