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4 Zilliqa (ZIL) Updates To Keep You HODLing

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Zilliqa
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With talks all over the crypto-verse about pending Bitcoin (BTC) ETF decisions at the SEC as well as how such an investment product would change the world of crypto, attention is drawn away from other promising crypto and blockchain projects such as Zilliqa (ZIL). Most of the headlines from the beginning of August have been about how Institutional investors will get into crypto through several investment instruments as well as new companies such as Bakkt.

Such attention away from the best blockchain projects that will change the future, end up hurting the values of their coins and tokens in the markets. ZIL is currently valued at $0.037 and up only 2.47% in the last 24 hours. This is a far cry from its peak value around mid-May when it was valued at $0.20. But this is okay. The time is now to buy some more ZIL or keep HODLing as shall be outlined through the most recent updates.

  • Mainnet Launch

Although the Mainnet had been scheduled for release in the third quarter of 2018, the team at Zilliqa have pushed the launch to December this year or in January next year. The reason for doing so, according to the team, is to have additional time to work on the following

  1. Conduct thorough security audits
  2. Prepare for and execute the token swap
  3. Integrate with wallets
  4. Develop toolchains
  5. Bring more dapps onboard
  • Strategic Partnership

On August 2nd, the team at Zilliqa announced a partnership with Infoteria, a leading enterprise software company in Japan that is also listed on the Tokyo stock exchange. The partnership will enable enterprise systems to easily utilize Zilliqa’s next-generation high-throughput blockchain platform to power enterprise usage and adoption of Decentralized Applications (DApps). More DApps on ZIL means more use case for the digital asset.

Both firms aim at promoting Zilliqa on ASTERIA – Infoteria’s middleware product that currently has more than 6,500 enterprise customers and 41% market share in Japan. All those customers stand to be potential Zilliqa blockchain users.

  • Zilliqa Grant Program

The Zilliqa project has a unique grant program to encourage the development and adoption of applications on the platform. The Grant has a pool of $5 Million USD that will be given to great projects, teams, and individuals to start building tools and applications for the Zilliqa platform. This means as soon as the Mainnet is launched, there will be a bunch of DApps up and running to prove that Zilliqa is a unique solution.

  • Scilla Programming Langauge

The Scilla programming language was developed to solve all the scalability issues as well as the security vulnerabilities on the Ethereum platform. Backed by research and a team of academics, engineers, and entrepreneurs, we are sure that the final solution to be found in the Zilliqa Mainnet, will be like no other seen in the blockchain industry.

Summing it all up, all the above developments prove that the team at Zilliqa are constantly working to deliver a superior product that triumphs over others such as Ethereum and Tron. The fact that the testnet can handle 2,828 transactions per second using just 6 shards proves that the future is the limit for ZIL. Once all these developments come together by January next year, the DApps will be fully functional on the ZIL platform giving the digital asset a use case as well as driving up its demand in the market. The latter will result with a Moon landing for ZIL given the other fact that we could be heading into a Bull Run as we approach the holidays.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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