Topic: Zilliqa: A scalable blockchain platform with througput of thousands of TX/s - page 12. (Read 47285 times)

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                                                                                         ^Zilliqa                                                                         ^Aqilliz
 

Singapore blockchain ecosystem 2019 has Zilliqa at the protocol level and Aqilliz at the Solutions and Consulting level.
Also Xfers at the application level.

One of the key reasons ETH went over $1 was when they announced they would add Staking.
People began stocking up on ETH and the price shot up from 70cents to $30+within a month.
https://bitcointalksearch.org/topic/m.13523670
That was 4 years ago ...and still no staking!

Now Zilliqa are doing Staking and should go live sometime within the next 3months.
If you are considering staking...now would be the best time to begin stocking up ,while its cheap.

 

Im definitely right, mate. As I lost a lot of money in this scam. I wrote to MAS, told the story, but they dont want do nothing with this scam and even provide lisense to this scammer Val Yap and support her fiat project while this scammer run away ith investors money and scammed people. So dont trust MAS !!

Hi ,
 Your welcome  

Very nice info from Amrit...i like.  

Obviously they will use Zil, its got three things for this use case that ETH hasnt..high throughput,fast tx speed and low cost.
Then other stablecoins will look at Zil and join in with their projects.
Zilliqa will be hosting more stablecoins than any other Blockchain.

The worlds first National currency in tokenised form..XSGD on Zilliqa....it will be awesome...$1Bill cap minimum.
When it starts shooting up..the whole crypto world will be here asking allsorts,lol, fun times ahead,lol.

I think XSGD will be released around 28 Jan 2020..once the new laws are in place.
https://www.pinsentmasons.com/out-law/news/january-2020-date-set-for-new-payment-laws-in-singapore

You prob right, i dont know much about Val or the two policy pal network coin things.
 its shocking to see scammers getting away with things...esp when involved with MAS.

Hello, Mrpumperitis.

Thank you for your prediction. Here is some news about stablecoin, directly from Mr. Kumar.

The model could work like the following: Let's say Xfers wants to issue a total of 100 tokenised SGD. It could issue half of them on Zilliqa and half of them on Ethereum. So, you will have 50 tokens on Zilliqa and 50 on Ethereum. When you go to a platform that sells tokenised SGD, you can get to choose. This is the first model.

And when you want to redeem your tokenized SGD for fiat SGD, the corresponding number of tokens on that chain would be burnt. So, if you wanted to cash out your 10 XSGD and you were on Ethereum, 10 tokens on the Ethereum chain would be burnt. If you were on the Zilliqa chain, 10 tokens on the Zilliqa chain would be burnt. In the second model, you main token is on Zilliqa. So, you do not divide the fiat reserve. So, all the 100 tokens will be issued on Zilliqa. But, you can lock say 1 one of them in a special contract and issue an ERC20 token on Ethereum that represents that 1 token. If you have heard of wrapped Bitcoin on Ethereum, that's kind of the second model. Wrapped BTC allows you to transfer BTC on the Ethereum chain. BTC gets represented as an ERC20 token on the Ethereum chain.

Yes, they do. Look:

https://eservices.mas.gov.sg/consumerfeedback/

PolicyPal in their list of Financial Institution. Scammer Val Yap raised money on ICO and gone away with this and left blockchain project. and got investors with nothing. MAS is know about this scam, but dont want do nothing and even countinue work with her (with her fiat project)

 

https://www.mas.gov.sg/-/media/MAS/ProjectUbin/Project-Ubin--SGD-on-Distributed-Ledger.pdf

Project Ubin's objective was to
evaluate the implications of a
tokenized SGD on a distributed    <---XSGD  
ledger with potential benefits to
Singapore’s financial ecosystem.

• In Phase 1, the project leveraged
on the MAS MEPS+ system to
enable real-time fund transfers
to issue funds on a DLT. Project
Ubin’s next phases will explore
improvements in domestic
and cross-border securities
transactions

Project Ubin will be implemented
in phases, starting with a DLT for
domestic payments. Subsequent
phases will explore cross-border
payments in a single currency,
settling different currencies and
culminate with risk free cross
currency securities settlements.


Smart Contracts & Oracles           <---------------- https://cryptobriefing.com/zilliqa-integrates-chainlink-oracles/  
virtual agreements.
encoded on the DLT that can be
automatically reconciled based on logical
conditions.
Enables the secure automation of
complex, logical agreements and
the business processes using data
gathered by Oracles


https://www.mas.gov.sg/schemes-and-initiatives/Project-Ubin




https://www.imda.gov.sg/programme-listing/blockchain-challenge
Catalysing Non-Financial Applications of Blockchain (Mar 2018)

In early 2018, there was a relatively vibrant ecosystem in Singapore exploring the use of blockchain in various applications in the financial sector. However, comparatively, the application of blockchain in other sectors was relatively nascent. The 1st Blockchain Challenge sought to enable companies to develop pioneering solutions using blockchain beyond financial applications.

Results

The selected projects are:

Cargo Community Network Pte Ltd: Air Cargo Billing, Costing and Reconciliation on Blockchain
Distributed Ledger Technologies (DLT) Pte Ltd: Business Blockchain Apps for Extended Supply Chain
GroupM Singapore Pte Ltd: GroupM Zilliqa Programmatic Ad Blockchain Alliance
LegalFAB Private Limited: Blockchain-Enabled Authentication for the Legal Industry
Tradebchain Pte Ltd: GENIE: Enabling Supplier Financing
VeriTAG Pte Ltd: Food Safety on Blockchain
Vuulr Pte Ltd: Transforming the Monetisation of TV & Film Rights using the Blockchain

+

Results

The selected projects are:

ConsenSys Pte Ltd: Singapore Experience
Aqilliz Pte Ltd in partnership with MyRepublic Limited: MyRewards


Growing and Connecting Blockchain Business Networks (Nov 2019)

 

I believe in the Zillqa project and the team.
Zilliqa please make us rich in 2020
I want to retire early and enjoy life with my family

https://www.reddit.com/r/zilliqa/comments/dz9t3n/hello_all_is_there_a_way_to_stake_zil_tokens_to/

I hope this link will help to let know current status of staking program this is planned asap they will announce the updates with details instructions.

Ok, tnx
Now the question is how many ZIL will be enough for start a staking by my own, will wait for futher info from the team

Discussions began a while back.
This is from Amrit, Zilliqa President.
https://www.reddit.com/r/zilliqa/comments/c2hbha/staking_for_zilliqa_exploration_of_possibilities/

AFAIK, things have progressed well and they are now looking at doing ..Option 2
 The second-level is to have staking for ancillary nodes. These are the nodes that do not participate in the consensus protocol but instead serve the network in other forms. Example of such nodes are seed nodes that help store transaction history for the network. Services such as exchanges and explorers often run seed nodes. Adding staking at this layer is slightly intrusive as the protocol will have to be changed.

Seed node staking...POW will remain the same aswell.

Also this...
Around 6months ago former Zilliqa President and co-founder Xinshu Dong left Zilliqa to create a Staking service... https://en.cryptonomist.ch/2019/08/07/rockx-crypto-platform-zilliqa/

That is very bold and brave prediction about the future of this token. $1 is looking pretty high as compare with current situation but in this space everything is possible. If this could happen in real than so many people will become rich easily.

Do you have any links confirming that above? cause I'am very interested in staking, and why not, I could easily stake my ZIL instead of simple hodling them 

Zil bottomed...now...
Up goes Zil 

                   
Thanks. Glad your enjoying reading this thread.
I wouldn't say insights, but do agree i see the potential of Zilliqa especially as we head into a new decade, Zil tech is leagues above anyone else.

Ok everything im saying is just my thoughts...and i could be wrong.

Price of Bitcoin and entire Mcap this year could depend on a few things...

BTC and BCH halvenings could have a price increase but it wont last long because of USDT, MT GOX and new regulations.
USDT provided major buy support in 2019 and if its shut down this year, it will cause a huge dump down because buy support wont be their.
Add the fact that MT GOX coins should be handed back, then expect alot of big sells..
Then their is the regulations that will lead to alot more KYC/AML ,FATF and The new EU rules 5AMLD taking place next week.

So i do expect a few times this year some real big dumps, with the whole market dropping alongside.
The top 10 ,excluding Bitcoin has changed almost every year, with new coins coming into the top 10 all the time...this will happen again.

Now the good imo , new compliant and regulated stablecoins/CBDC will come out and they will seek to launch on low cost high throughput Blockchains...Zilliqa is top of the list...
These stablecoins will be on all exchanges that comply with the new regulations (no more USDT)...(Zilliqa working with Elliptic is great)

New DEX will come out made on Zilliqa...these will have decentralised stablecoins similar to DAI...

If scammy BlockstreamBTC favouring USDT could take crypto to $800bill....
Then legit Stablecoins/CDBDCs could take crypto to the $trillions easily...but they dont need to pump or buy btc, they prob do it with the tech thats securing their businesses and future ideas (Zilliqa)

Zilliqa low environment impact will be a huge bonus as we head into a new age of climate awareness,
 sha256POW miners and others high energy consuming ,slow and expensive blockchains will be frowned upon.

Zilliqa super secure Smart contract tech (OOPSLA approved) will shine with growing new devs&dapps and devs&dapps from other coins will create on Zilliqa...because it makes perfect business sense to work on something more secure,higher throughput and cheaper than all.


I think we are heading into a new era for all of crypto and the old tech days are numbered at the top, they will have a short term effect on the entire market.
The new stablecoins will come out and begin buying the new tech.
The big business and banks need Zilliqa more than Zilliqa needs them...and this will happen this year.

Also i hear Staking is coming to Zil sometime early Q2 2020.  

Zilliqa price sometime this year will be over $1...It could go to $5-$10 if things go parabolic...
Its gonna be a crazy year, not for the faint hearted, lol....
Good luck to you and everyone this new decade and beyond.  

Hello, Mrpumperitis.

I like your attitude and coming back to this forum reading your posts. It seems to me you have some insights info or you really do understand the potential of this project.

Since Zilliqa is my favorite project and largest investition I wonder where do you see its price in 365 days? I do understand that many things are determinted by Bitcoin moves, because there is certainly some sort of correlation there, unfortunately.

So, if I may ask:

Where do you see price of Bitcoin (or whole market cap as well in one year) due to halving etc., and therefore the price of Zilliqa if everything goes well (stablecoin and xfers payment alive in 2020)?

Thank you.

    SWIFT......Zilliqa