About

Zilliqa is a blockchain platform that allows developers to create decentralized applications (dApps) with a focus on safety and efficiency. It uses its native token, ZIL, for transactions and smart contract executions, generating revenue through transaction fees and staking rewards. A unique aspect of Zilliqa is its programming language, Scilla, which is designed to enhance security in smart contracts. The company's goal is to provide a secure environment for building blockchain applications, appealing to a wide range of clients in the cryptocurrency market.

Simplify's Take

What believers are saying

• Zilliqa's integration with Web3Auth simplifies user onboarding, boosting adoption.
• Partnership with EMURGO enhances interoperability with Cardano, expanding cross-chain applications.
• Zilliqa 2.0's Universal Cross-Chain Broker attracts developers with interoperable solutions.

What critics are saying

• System bugs halted Zilliqa's block production, risking user trust.
• Web3Auth integration may introduce security vulnerabilities if not managed properly.
• Zilliqa's gaming console faces competition from established platforms, limiting market reach.

What makes Zilliqa unique

• Zilliqa is the first blockchain platform to implement sharding for scalability.
• The platform uses Scilla, a secure programming language for smart contracts.
• Zilliqa offers extensive developer resources, including a portal and active community support.

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