Topic: Zilliqa: A scalable blockchain platform with througput of thousands of TX/s - page 20. (Read 47271 times)

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   )

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  

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.

What percentage of the total coins is he still holding?

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.

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.

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

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

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

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

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.
   

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...
 

What's the story ?

Some nice big sell walls on Binance,  chance to gain alot for so cheap........NOM NOM NOM

interoperable Blockchains, Private/permissioned(Anquan Zilliqa) with Public/permissionless (Our Zilliqa)

Hybrid blockchains...where private meet public..(14:40)
.intel hardware to secure private chains(17m)
+much more
https://www.youtube.com/watch?v=yCE6WEfGOew


https://www.blockasia.io/anquan-capital-bringing-lab-research-to-life-with-blockchain/
Anquan’s Private Blockchain

Currently, Anquan’s private, permissioned blockchain technology uses the same source code as Zilliqa.

“Heavily regulated industries and most enterprises demand highest levels of data privacy. It is important for them to have highest levels of confidence that data will only be shared on a need-to-know-basis within the blockchain network, and that only authorised participants can join the network. Anquan’s Hardware Rooted Trust technology, which leverages Intel SGX, has given our many banking clients the level of assurance they require around data privacy.”

https://business.nasdaq.com/marketinsite/2018/MT/MAS-SGX-on-How-Project-Ubin-is-Way-of-Future-for-Blockchain-Interoperability.html


https://www.mas.gov.sg/-/media/MAS/ProjectUbin/Project-Ubin-DvP-on-Distributed-Ledger-Technologies.pdf?la=en&hash=BD936A4DF577C6CBC7542F0EB97D5735853FE350
Establishing connectivity between disparate blockchains is a daunting
task, as each will have its own unique set of rules and protocols. Hence, achieving interledger interoperability is
of profound interest for the financial industry as a whole.

https://blog.zilliqa.com/zilliqa-day-countdown-win-prizes-in-the-online-competition-dddceee5fd59

Zilliqa Day Countdown competition to win many prizes worth USD 7500. The competition will run from 17 May 2019, 0000 hrs Singapore time to 15 June 2019, 2359 hrs. One ‘entry of the day’ winner will be selected every day during this period and 3 final prize winners will be announced on Zilliqa Day on 18 June 2019!


cmon Zilliqa team, if Anquan can dump over 104million Zil in June alone,
 im sure you guys can easily afford to pay the winners that are complaining about not getting any prizes yet....but why so slow?..
kyc is all i can think of.


November 2018: 40.367.500 sent to Binance
December 2018: 29.500.000 sent to Binance
January 2019: 90.500.000 sent to Binance
February 2019: 47.500.000 sent to Binance
March 2019: 154.687.500 sent to Binance
April 2019: 41.000.000 sent to Binance
May 2019: 115.000.000 sent to Binance
June 2019: 104.374.900 sent to Binance


I do feel sorry for ex Chief Marketing Officer, Yiling Ding and other marketers, that tried to give Zilliqa as much exposure but were always fighting a behind the scenes uphill battle.

Hopefully many lessons have been learnt, by all.

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 

Im catching up on the Anquan 622million Zil dump in past 8months lol

2 AMA are being organised for the community, one with Anquan and another with Zilliqa....

Anyways, im not bothered at all by anyone dumping esp at these prices lol....
i have been saying for weeks Zil is being suppressed....
the sellers will regret it when its real price is discovered at over $1 ZIL....
i see it as an opportunity for us to gain more ZIL..

Those that know me, know i dont chase pumps, i buy low , lower and wait and wait....this is how its done...you dont fomo when a coin is 10x up, you fomo when its 10x down  

  


(saw this comment from Max...
Building large scale adoption on a public blockchain is not a space where anyone has a huge amount of experience or tangible success. )

I got some experience, aswell as many other members here.
I think i helped alot on two major public coins getting huge adoption, Eth and Xrp....check my history here...
both coins were around 40th cmc then taking them to 2nd position, also helped spread adoption on BCH when it first came out.
 i got involved and helped spread the word on their tech and achievements.
Zil will be amongst the top aswell  

My advice to new Eth buyers began when Eth was under $1
Xrp advice came when it was 3 xrp for 1cent
BCH when it was under $200
and many more.

Yea we can thank Theymos for that.

yoyo PH in da house 

DUMP IT!