Zilliqa is the world’s very first high-throughput public blockchain verhoging – designed to scale to thousands of transactions vanaf 2nd. Zilliqa brings the theory of sharding to practice with its novel protocol that increases transaction rates spil its network expands. Sharding is a type of database partitioning, that separates very large databases the into smaller, quicker, more lightly managed parts called gegevens shards. The word shard means a petite part of a entire.
The podium is tailored towards enabling secure data-driven decentralized apps. Spil well it is designed to meet the scaling requirements of machine learning and financial algorithms. Zilliqa has bot under research and development for two years and powered several ground-breaking deployments commercially.
Top Performer te April (+350%)
Investors mainly became aware of Zilliqa due to its outstanding show te April 2018. For that months it wasgoed amongst the absolute top gainers. From April 6th to May 5th 2018, the price of Zilliqa enhanced by overheen 350 procent ter Bitcoin value, reaching a peak at almost 1.6 billion USD market capitalization.
BNI signing ceremony ter Jakarta, May 11th 2018
The amazing cryptocurrency for this high spectacle blockchain held its ICO te the very beginning of January this year. Just a duo of days ago state possessed BNI Handelsbank, one of Indonesia’s largest banks, announced the selection of Anquan te Singapore, to build blockchain applications for remittance and trade finance. Anquan’s private, permissioned blockchain technology is powered by Zilliqa. Based on Ziliqa, the Anquan blockchain technology can process thousands of transactions vanaf 2nd. It is secured by hardware rooted security, which enables unprecedented levels of safety and privacy control. With this step BNI will set the tempo for technology innovation ter the world’s fourth largest country by population.
While Ziliqa offers very similar features spil Ethereum, it aims to achieve a much higher transactions vanaf 2nd rate. By using sharding technology, Zilliqa already achieved around Two,500 TPS with 6 shards and Trio,600 knots te their test-net.
Te comparison to other high spectacle blockchains, Zilliqa is attempting hard to maintain decentralization and keep the number of knots high. The release of the main-net is scheduled to toebijten ter Q3 of 2018. The coin can be traded on a good diversity of exchanges, like Binance, Bithumb, UpBit or Huobi.
240min Zilliqa (ZIL)/Bitcoin (BTC)
Zilliqa 240min chart spil of May 20th, 2018
After a tremendous rise ter the past month, Zilliqa is now ter a short-term correction. At the ogenblik wij can see the price fighting at the 0.382% Fibonacci level. Since the increase wasgoed fairly rapid, wij can expect a retracement to the typcial 0.Five to 0.618% levels. Zilliqa might retrace into this golden zone te form of a Alfabet pattern. The 0.618% level offers an extra support, spil the price previously breached an ascending triangle ter this range. Furthermore the 50 RSI level can be considered spil another support. Traders who want to join the rally should place their buy orders ter a range of 1,140 to 1,450 Satoshi.
Zilliqa has bot the top performer ter April and can woo with its high throughput public blockchain. Prudent investors and traders are patient here and wait for a pullback into the typical Fibonacci-Retracement zone towards 1,140 to 1,450 Satoshi.