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Author Topic: Zilliqa: A scalable blockchain platform with througput of thousands of TX/s  (Read 47190 times)
Mrpumperitis
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July 04, 2019, 07:17:21 PM
Last edit: July 04, 2019, 08:24:34 PM by Mrpumperitis
 #841

Asia Blockchain Review is the largest community outreach initiative in Asia.

https://twitter.com/abr_blockchain/status/1146705286805229571
The collaboration aims to use @zilliqa’s recently launched #smartcontracts that enable automated, conditional transactions to make payments more efficient and transparent for half a million users.
https://www.asiablockchainreview.com/zilliqa-partners-with-xfers-to-introduce-blockchain-payment-solutions/
As reported by The Business Times, Xfers, together with Golden Gate Ventures and Facebook co-founder Eduardo Saverin, will use Zilliqa’s recently launched smart contracts to streamline payments and make them more transparent for its 500,000 users.
 Grin  

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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Mrpumperitis
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July 05, 2019, 04:51:06 AM
 #842

I think its time for Zilliqa's price to......

https://www.youtube.com/watch?v=S73zDvMgGmI
Blasterjaxx & Timmy Trumpet - Narco (Official Music Video)

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 05, 2019, 10:17:28 AM
 #843

I think its time for Zilliqa's price to......

https://www.youtube.com/watch?v=S73zDvMgGmI
Blasterjaxx & Timmy Trumpet - Narco (Official Music Video)

The predicted correction is a red or a green candle you are writing about?

If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.
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July 05, 2019, 08:58:46 PM
 #844

I think its time for Zilliqa's price to......

https://www.youtube.com/watch?v=S73zDvMgGmI
Blasterjaxx & Timmy Trumpet - Narco (Official Music Video)

The predicted correction is a red or a green candle you are writing about?

Zil has been red candling  Cheesy for 7months , its eeeeeeeeeextremely oversold....
A proper correction is long over due...
We will soon get a Bullish Harami then....breakout...

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 06, 2019, 03:40:08 AM
 #845

Im sure most here have heard of CBOE
https://www.coindesk.com/cme-cboe-bitcoin-futures
As of March 14, for example, the daily trading volume of CME’s bitcoin futures was reported at 4,666 contracts, compared to 2,089 contracts at Cboe.
“Connecting to both CME and Cboe is expensive. If you are already trading other products on an exchange, then there is no new cost. If not, you must pay for connectivity, software license, market data, cross connects etc.  — all that just to trade one new product?”Lanre Sarumi

http://www.cboe.com/cboeeurope#derivatives
Investors around the world looking for ways to manage risk from all time zones can now trade Cboe's key index contracts, like VIX and SPX, as well as Cboe Bitcoin (USD) futures during global trading hours.
Volume during Global Trading Hours has continued to grow as market participants have reacted to world events, hedged positions and aimed to capitalise on changes in volatility well before and after regular U.S. trading hours.
Trade VIX options, VIX Weeklys options, SPX, SPX Weeklys options and End-of-Month options 13 hours a day
VX futures, VX Weeklys futures, and XBT futures are open nearly 23 hours a day, 5 days a week


ok whats this got to do with Zilliqa.....?

CBOE maybe its time to upgrade somethings, making the whole CBOE experience, easier,cheaper,faster 24/7....
CBOE should utilise the power of Zilliqa and its smart contracts.
and i think Anquan could help make it possible.....esp since ....
Mark Hemsley
Advisory Board
CEO of Cboe Europe,
the largest pan-European equities exchange. Under his leadership, Cboe Europe became a Recognised Investment Exchange in May 2013, strengthening the its leadership position in market structure, tech. and innovation.

Is an Advisor for the Anquan Team. Grin

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 06, 2019, 05:26:47 AM
 #846

WOW...... https://www.reddit.com/r/zilliqa/comments/c9ljfr/zilliqa_vs_ethereum/
https://t.me/zilliqachat/332442

"ZILLIQA vs Ethereum 2.0

ZILLIQA does what is called network or transaction sharding. Imagine a sample network of 1,000 nodes. ZILLIQA will automatically divide the network into 10 shards each with 100 nodes. Each shard can now process transactions in parallel. If each shard is capable of processing 100 transactions per second, then all shards together can process 1000 transactions per second. The ability to process trans- actions in parallel due to the sharded architecture ensures that the throughput in ZILLIQA increases (roughly) linearly with the size of the network. Ethereum is currently researching on what is called state sharding, i.e., how to divide the blockchain state so that storage does not become an issue in the long run. ZILLIQA is not doing state sharding in its current immediate plan. Running smart contracts on a sharded network without state sharding is already a big challenge. Having said that, state sharding is in our future plans. Ethereum 2.0 is a research project and several details are not yet figured out. Phase 1 of Ethereum 2.0 (a work in progress) is a loosely coupled sidechain-like solution attached to the main Ethereum chain via a validator manager contract (VMC). VMC sits on the main Ethereum chain and maintains the sharding system. In other words, it is responsible for key tasks such as adding a new validator, assigning a new validator for a shard, etc. Phase 1 of Ethereum 2.0 is a simple solution that does not solve all sharding-related issues. We expect the Phase 1 solution to have the following issues:

Single point of failure: It appears that VMC may become a bottleneck and a single point of failure as key steps of the protocol need to pass through VMC. Any bug with VMC can bring the entire system down. ZILLIQA does not have any central entity or contract on which the entire system relies.

Finality: Each shard will use a PoS-based consensus protocol with the longest-chain-rule as the fork resolution mechanism. As a result, Ethereum 2.0 (Phase 1) does not provide finality to the system state. ZILLIQA on the other hand will provide finality to the state through its pBFT protocol.

Throughput: It is claimed that Phase 1 will increase the throughput by around 100x. ZILLIQA’s throughput with a modest network size of 3600 nodes reportd a throughput of 250x the throughput of Ethereum 1.0.

Cross-shard communication: It appears that Phase 1 of the sharding proposal will not allow cross-shard communication (or it is minimal). This means that a smart contract residing in one shard and that needs to call another smart contract residing in other shard may not run. In fact, cross-shard communication is one of the biggest challenges when one needs to run a Turing-complete language on a sharded architecture. The project does have plans to use a UTXO-type model (through receipts) to handle cross-shard communications but that does not seem to be within the scope of Phase 1 of Ethereum 2.0.

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 06, 2019, 05:48:31 PM
 #847

OOOOO could suppression be over??

Lewis
just give us a yes or no answer and cut the bs: "does anquan intend to continue dumping its tokens in the open market in the future" @maxkantelia Prateek

Max comment on Telegram...
We had not realised the impact that our plan would have on the community and we have decided to stop selling with immediate effect.  S the answer to your question is NO.




OK, i like , so ....im gonna start buying with immediate effect  Shocked

What's the story ?
a coin called zil, that we all tried to gain adoption, giving newbs the tech red pill
but our efforts were in vain, for 8months most holders were feeling the pain
we tried to promote it, get it to pump
but little did we know that Anqaun was causing the dump
Now we all know why it went down and why most were feeling like clowns
good news is the suppression has stopped, Anqaun have promised to hurt us no more...
 Smiley


What percentage of the total coins is he still holding?
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July 06, 2019, 05:51:46 PM
 #848

OOOOO could suppression be over??

Lewis
just give us a yes or no answer and cut the bs: "does anquan intend to continue dumping its tokens in the open market in the future" @maxkantelia Prateek

Max comment on Telegram...
We had not realised the impact that our plan would have on the community and we have decided to stop selling with immediate effect.  S the answer to your question is NO.




OK, i like , so ....im gonna start buying with immediate effect  Shocked

What's the story ?
a coin called zil, that we all tried to gain adoption, giving newbs the tech red pill
but our efforts were in vain, for 8months most holders were feeling the pain
we tried to promote it, get it to pump
but little did we know that Anqaun was causing the dump
Now we all know why it went down and why most were feeling like clowns
good news is the suppression has stopped, Anqaun have promised to hurt us no more...
 Smiley


What percentage of the total coins is he still holding?

This is one coin that I have been holding for a long time and have been  disappointed with its growth, but it sounds like we could finally see some positive movement with this coin.

Get paid crypto to walk or drive. Play CoinHuntWorld! Earn Hundreds Monthly!
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July 06, 2019, 09:12:00 PM
Last edit: July 06, 2019, 10:08:52 PM by Mrpumperitis
 #849

Bitcoin (10500 nodes) or Ethereum (8300 nodes),, in the case of Zilliqa it has over 2,400 nodes 99x more than EOS, 2x more than TRON in just 1 week of mainnet activity.

https://howmuch.net/articles/crypto-transaction-speeds-compared

1. Visa: 24,000 transactions

Zilliqa is technically #1 performing crypto on tps and has lower costs on decentralized eco pow!!!
2,828 transactions per second(and growing due to its sharding tech)

2. Ripple: 1,500 transactions

3. PayPal: 193 transactions

4. Bitcoin Cash: 60 transactions

5. Litecoin: 56 transactions

6. Dash: 48 transactions

7. Ethereum: 20 transactions

8. Bitcoin: 7 transactions


Next we have Transaction costs....

https://www.quora.com/Which-cryptocurrency-has-the-cheapest-transaction-fees

Which cryptocurrencies sport the lowest average transaction fees?
Which virtual currencies offer the lowest transaction fees, on average? According to data found at BitInfoCharts.com, this was the average transaction fee breakdown for March 26, 2018


Zilliqa $0.000023
TRON: $0.0000901
Ripple: $0.0037
Monero: $2.587
Bitcoin: $1.184
Dash: $0.363
Ethereum: $0.347
Litecoin: $0.198
Bitcoin Cash: $0.097
EOS: $0.0105




https://medium.com/@hybridverse/why-hybridverse-is-building-its-euro-backed-stablecoin-on-zilliqa-blockchain-how-itll-be-750912789ada?postPublishedType=repub
Transactions fees on Bitcoin and Ethereum networks are 1.50$ and 0.016 $ respectively, (along with a very slow Txs speed),
transaction costs on Zilliqa are enormously low, we talk about 0.000023 $ which is 700x less than ETH and BTC fees.


oooooyeaaaa  Cheesy

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 07, 2019, 04:55:19 AM
Last edit: July 07, 2019, 05:28:46 AM by Mrpumperitis
 #850


Another big use case on Zilliqa.
https://medium.com/bolt-global/bolts-token-ecosystem-and-interoperability-720e466460fc


BOLT’s Token Ecosystem and Interoperability
How we are creating an interoperable ecosystem between Binance Chain (BEP-2) and Zilliqa (ZRC-20)
Christel Quek in Bolt Global
How does Binance Chain exist and work together with Zilliqa
BOLT’s BEP-2 issuance is focused on the strengths of the Binance Chain, including fast confirmations and as a gateway into providing liquidity on exchanges, starting with Binance DEX and Bitmax.
Combining the Power of Binance Chain’s fast confirmations and Zilliqa’s Smart Contract system
We envision BOLT running three smart contracts on Zilliqa — a video analytics smart contract, a payment engine smart contract, and a sponsor/power user smart contract.

https://www.reuters.com/brandfeatures/venture-capital/article?id=105261
BOLT – The World’s First Open Entertainment Platform – Announces Strategic Partnerships With Bitmax & Binance For Listing The Bolt Token
HiSense is partnering with BOLT to bring access to premium video content to millions of consumers in Africa and beyond. Commencing shortly with the South African market, the BOLT+ and BOLT Wallet apps will be embedded in HiSense mobile handsets.

(Thank you Max for helping to make this possible  Smiley )

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 07, 2019, 11:31:21 PM
 #851

https://medium.com/unstoppabledomain/update-on-the-zil-launch-294e7e42faee
Update On The .zil Launch
Team Unstoppable Domains

Jul 7
Hello everyone,
Big news — .Zil domains will be going live on chain this Tuesday, July 9th!

On July 9th, domains will become available for use and to transfer. Once domains go live, you will be able to use your .zil domain for payments with our first supporting wallet Moonlet. We are actively working on additional wallet integrations.

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 07, 2019, 11:53:29 PM
Last edit: July 08, 2019, 06:07:12 PM by Mrpumperitis
 #852

https://forum.zilliqa.com/t/ami-instance-amazon-node/719

twitter.com jiayaoqi (jiayaoqi)
I'm glad to present our AMI instance (https://t.co/QUsBPx1Ivq) on the #AWS marketplace, which provides a convenient and simple way for miners and developers to join our mainnet. As a tech-driven project, we'll continue building tools and frameworks for our ecosystem. #Zilliqa


biomuse82
Can anyone explain layman’s what Jiayaoqi’s tweet was about?

snowsledge Zilliqa Core
This AMI instance provide an easy way for non-technical people to set up a mining node. With just a few clicks of a button and you are all set to go.


https://aws.amazon.com/marketplace/pp/B07T4M39ZK#pdp-overview
Has anyone tried this yet?  



Team Zilliqa i know you guys are very busy, so no rush....
Our community is growing and more people will keep asking a few similar questions...
Could you please create easy to follow video tutorials on Youtube, that we could point new users towards. Thanks.

Video to show how quick and easy it is if you use AWS to mine Zil.
Various guides for mining setup, inc windows  etc.
Video on how to dual mine.
Video to show how to create basic smart contracts using Scilla.


Network growth is very good for Zilliqa.
Unlike almost every crypto out there that clogs up somewhere as network grows due to various limits, Zilliqa is unique.
 Zilliqa has the ability to process transactions in parallel due to the sharded architecture ensures that the throughput in ZILLIQA increases (roughly) linearly with the size of the network.
An animated video on this would be cool..i picture a Zil tree growing, each branch is like a shard that holds info for users...more users are always welcome to join as the Zil tree can keep growing branches (shards) and accommodate all users.
 Also the tree is eco friendly and is very cheap to use  Smiley






Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 08, 2019, 10:27:17 PM
 #853

https://twitter.com/maqstik/status/1148218792486625281
Amrit Kumar@maqstik

Our Scilla paper got conditionally accepted at OOPSLA'19. Yay! Once  accepted, Scilla will become one of the very few smart contract  languages that have been peer reviewed by experts in the field.
https://en.wikipedia.org/wiki/OOPSLA


Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 08, 2019, 11:56:59 PM
Last edit: March 23, 2023, 03:32:13 PM by Flupy
 #854

👛 OWNR Wallet – is a secure and convenient non-custodial cryptocurrency wallet that allows you to manage your cryptocurrencies by storing them in encrypted storage on your device. Similar to Atomic Wallet, Exodus, Jaxx, Trust Wallet, but more convenient and better!

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Supports cryptocurrencies: BTC, BCH, BNB, TRX, LTC, ETH, SOL, ZEC, DASH, DOGE, MATIC, AVAX. Also supports USDT/USDC stablecoins in ETH, SOL, TRON, BNB


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July 09, 2019, 02:35:37 AM
 #855

https://www.theblockcrypto.com/2019/07/08/latest-filings-from-nyoag-allege-bitfinex-and-tether-continued-some-new-york-operations-as-late-as-january-2019/

If you hodl any btc just now($12,700)....dont be greedy, take gains ....sghtf

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 09, 2019, 02:58:57 AM
 #856

ZIL suffering a bit in this btc bump?

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July 10, 2019, 04:26:24 AM
Last edit: July 10, 2019, 04:56:17 AM by Mrpumperitis
 #857

Yea we got a Bullish Harami  Wink
Bullrun will come next  Smiley

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 10, 2019, 05:12:05 AM
 #858

Yea we got a Bullish Harami  Wink
Bullrun will come next  Smiley


Everyone is waiting for the altcoin to recover their prices and even i have grabbed many Zilliqa coin which helped to fill my bags and now i am waiting for the coin to start increasing their prices, in the coming days is there any developments release from the Zilliqa coin?
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July 10, 2019, 05:13:58 AM
Last edit: July 10, 2019, 05:24:20 AM by Mrpumperitis
 #859

^
The Zilliqa  tech roadmap is complete and is working as planned ,live right now.
I think Zil team is busy completing the swap to mainnet coins, Coinbase,Bittrex and a few more this week.
Once they get that out the way, they probably tell us who they are working with and on what next.
Also many projects will come to Zilliqa without the Zil team telling us, anyone can build on Zil. I expect alot of eth and dapps projects to migrate to Zilliqa, to save money and have a better,more safe, faster experience for their users.


https://www.coindesk.com/exchange-behemoth-binance-opens-singapore-branch
The new exchange will enable the buying and selling of cryptocurrencies in Singapore Dollars (SGB),
Another partnership with a local fintech startup, Xfers, ensures Binance has the lowest trading fees of any Singaporean exchange. Xfers helps manage transaction volume and customer onboarding.


Low fees using Xfers, thanks to Zilliqa tech  Wink   very soon everyone else will follow  Grin

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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July 10, 2019, 05:39:31 AM
 #860

^
The Zilliqa  tech roadmap is complete and is working as planned ,live right now.
I think Zil team is busy completing the swap to mainnet coins, Coinbase,Bittrex and a few more this week.
Once they get that out the way, they probably tell us who they are working with and on what next.
Also many projects will come to Zilliqa without the Zil team telling us, anyone can build on Zil. I expect alot of eth and dapps projects to migrate to Zilliqa, to save money and have a better,more safe, faster experience for their users.


https://www.coindesk.com/exchange-behemoth-binance-opens-singapore-branch
The new exchange will enable the buying and selling of cryptocurrencies in Singapore Dollars (SGB),
Another partnership with a local fintech startup, Xfers, ensures Binance has the lowest trading fees of any Singaporean exchange. Xfers helps manage transaction volume and customer onboarding.


Low fees using Xfers, thanks to Zilliqa tech  Wink   very soon everyone else will follow  Grin

We are going to see very good futures from this company and recently they are launching the domain platform which it is going to be .zil at the end of the platform right? Once the swapping has been we might see many huge companies will start rolling to this Zilliqa blockchain.
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