Can Zilliqa REALLY Reach $1 - Everything you need to know on Zilliqa, XCAD, Metapolis & Coinbase
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Can Zilliqa REALLY Hit $1 - Crypto Analysis
What is Zilliqa? (ZIL)
Zilliqa is a software that seeks to incentivize a global, distributed network of computers to run a blockchain platform that aims to increase user scalability through sharding.
In this way, Zilliza is one of a number of competing blockchain aiming to grow an ecosystem of decentralized applications (dapps) and cryptocurrencies, such as Ethereum, Tron and EOS.
To differentiate itself from others, Zilliqa uses a sharding process which splits its infrastructure into several interconnected blockchains to support more transactions.
Zilliqa also launched Scilla, a native programming language that focuses on security and enables developers to write and launch customizable dapps intended to replicate real world services.
To achieve all of these features, the network’s native cryptocurrency, ZIL, is used to execute programs, send transactions, and incentivize actors that support the network.
For more regular updates from the Zilliqa team, you can bookmark Zilliqa's Blog, which includes new releases, newsletter updates, and partnership announcements.
Who Created Zilliqa?
Zilliqa was launched in June 2017 by co-founders Amrit Kumar and Xinshu Don, two researchers from the National University of Singapore. The network’s mainnet went live in January 2019.
The project held an Initial Coin Offering (ICO) of the ZIL token in 2017, at the time raising over $22 million in ETH.
Zilliqa is supported by the founding Zilliqa Research company as well as a growth initiative company, ZILHive.
How Does Zilliqa Work?
The Zilliqa network offers many features common to other cryptocurrency networks such as smart contracting, transaction settlement, and token issuance.
Developers can use its proprietary language, Scilla, to run custom programming logic (smart contracts) and design new programs (decentralized applications) to offer a variety of products and services.
While this system is complex in implementation, Zilliqa is ultimately designed to execute smart contracts and confirm network transactions in a scalable and efficient manner.
Sharding
Sharding is a structural technique that splits the network into several pieces, or shards, allowing nodes to only process a fraction of the network’s transactions.
Each shard acts as its own blockchain and allows nodes assigned to them to store data, process transactions and add new blocks to their specific shard chain, called microblocks.
Microblocks are then combined into a transaction block by Directory Service Nodes (or DS nodes) to be added to the Zilliqa blockchain.
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📺 Zilliqa Getting Listed on CoinBase
https://www.youtube.com/watch?v=C4SRwrmO8NI&t=396s
📺 I Tried ZILLIQA (ZIL) Staking for 6 Months, Here is How Much Money I Made
https://www.youtube.com/watch?v=vUoB-Remm-M&t=611s
📺 Dogelon Mars, Can this be the $1 Memecoin?
https://www.youtube.com/watch?v=Qqf0B8Da7IQ
📺 XCAD Plug-in, The Future for Youtubers
https://www.youtube.com/watch?v=GxNVKLhUAzQ
📺 Why I Like XCAD and why I decided to Invest
https://www.youtube.com/watch?v=aKfiqZ66Bhw
📺 What I Don't Like About Zilliqa
https://www.youtube.com/watch?v=tXrpDATiyH8&t=256s
📺 First Look at the XCAD Plug-In
https://www.youtube.com/watch?v=-MGdO8c24rg
📺 What I Like About Zilliqa and why I Invest on It
https://www.youtube.com/watch?v=HZhNrJzy5IU
📺 Can This Make Zilliqa Go To $1?
https://www.youtube.com/watch?v=0-n2Lf---k8
📺 How Can Zilliqa Hit $1
https://www.youtube.com/watch?v=vsSZG8VHR2E
📺 Why XCAD Is The Best Crypto Project
https://www.youtube.com/watch?v=9a7Z5S95Znk&t=501s
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Disclaimer: Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities or digital assets.
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