Hello Mrpumperitis,
this is very great news. Actually you always bring us good news about Zilliqa. I thank you for your research and efforts.
A question! Will Zilliqa take over the financial sector (payments, transfers ...) in Asia, especially in Singapore and Indonesia?
Can Zilliqa take the role or place of Ripple in Asia and overtake the Ripple?
Hi, thanks
Will Zilliqa take over the financial sector (payments, transfers ...) in Asia, especially in Singapore and Indonesia?
It wont take over but will compliment and become an integral part of the growing need for Fintech starting in Asia, with countries like Singapore and Indonesia being the first.
More countries will follow and build on Zilliqa because of its world class tech.
Can Zilliqa take the role or place of Ripple in Asia and overtake the Ripple?
No, Zilliqa meets a different type of market than XRP. XRP main use case is nostro banking, this is something Zilliqa is not aiming to become.
Zilliqa is a low cost, high throughput smart contract building platform. Many currencies and dapps will be built on Zilliqa.
XRP is a form of currency.
However i do believe Zilliqa marketcap will be higher than Ripples , with 1 Zil becoming worth more than 1xrp..due to various factors such as...POW creation cost....Zil gas usage for smart contracts...upcoming staking...
Zilliqa also has far more usecases than XRP and a much lower supply. Supply ratio is around 1zil/9xrp. (for every 9xrp there is 1 zil)
So if both coins had the same marketcap of lets say $10bill (xrps current cap)
Roughly ....$10bill = 20cents 1 xrp ... $10bill = $1.80 1 Zil.
