Many of the people do not actually consider Zilliqa to be a good cryptocurrency at the start of the year for investing. However, down the line, it is surely proving to be much better as compared to some of the other cryptocurrencies. Especially considering the fact that the other cryptocurrencies like Ethereum, Ripple as well as Bitcoin have fallen significantly, Zilliqa is certainly standing out. Moreover, the runway for growth in front of Zilliqa is much higher as compared to any other cryptocurrency. This is another reason why Zilliqa can rise significantly in the pending half of the year 2018.
Table of Contents
Zilliqa is slated to increase
Moreover, most of the other cryptocurrencies which are popular like Bitcoin, Ethereum as well as Ripple have billion-dollar market caps. On the other hand, when you look at the market cap of Zilliqa, it is still around $ 1billion. As a result, the runway which it has in front of it is also immense. This is the reason why Zilliqa is slated to increase even further.
Zilliqa divides the data to be confirmed in 2 different parts
In many of the cases, investors, as well as experts, are not able to easily understand why it is increasing at such a rapid pace. The reason for this is the technology which is used for the verification of the transactions. It is known as sharding. This technique divides the data to be confirmed in 2 different parts. These different parts can be processed in a parallel manner. As a result, the time which is needed for the processing of the data is much lower. As a result, the network is not congested and the verification time is pretty short. Even if the usability of this currency increases manifold, it will be able to verify the transactions quite quickly. This will ensure that the problem which was faced by Ethereum recently when the game Cryptokitties became popular will not be faced by the Zilliqa. This is the reason why it is gaining such a lot of attention.
Scilla is developing its own programming language
Moreover, it is developing its own programming language by the name of Scilla. As a result, the developers will be able to easily make their decentralized applications. They will be able to easily execute these applications as well. This will provide proper customization to the developers. With the help of this customization, it will be easy for the developers to create tailor-made applications. Once such tailor-made applications are created, the usability will increase significantly. Each and every developer will be able to create a proper application with the help of a programming language. They will not have to adjust with the current infrastructure which is available.
Zilliqa might be one of the best cryptocurrencies
Owing to all of these reasons combined, Zilliqa might be one of the best cryptocurrencies which can outperform others in 2018. It is time to pay attention to this cryptocurrency as it can certainly provide better returns from even these levels.