Zilliqa Profile (ZIL)
Project Safety Score
Tue, Jan 25, 2022 4:40 AM
Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms. Zilliqa network uses a concept called Sharding where the transactions are grouped into smaller groups and divided among the miners for the parallel transactional verification. Developing smaller groups for transactional verification means the Consensus can be reached faster and hence a higher number of transactions can be processed in a given time frame. The capacity of the network linearly increases in other cryptocurrencies as the number of people joins the network, but in this case, the capacity is increased at a higher variable rate than the number of members joining the network. By incorporating the Sharding Technology, it can completely revolutionize the smart contract functionality too. Ziliqa has few pros as it has a great new technology. Zilliqa is the first platform to use sharding technology. This puts it ahead of the rest of the market. It’s a completely new kind of blockchain designed to solve the problem of scalability. Third-generation platforms like Zilliqa could be the big winners in the future of cryptocurrency. Ziliqa has a strong community. The platform has a lot of fans. The Zilliqa ICO only happened because there was so much demand for it. The Zilliqa ICO also shows that the crypto community is ready to see blockchain technology move to the next phase of its development.
Read more in the whitepaper:
Zilliqa Project Statement
Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.
Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.
Zilliqa Safety Report
Zilliqa has a safety score of 6.99
Zilliqa is a small cap coin.
Zilliqa is suited to a balanced investment style.
This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.
- tradingview profile
Zilliqa Red Flags
There are currently no Zilliqa red flags.
Zilliqa Development Score
The Zilliqa project has 67 active source code repositories.
The most recent commit was Mon, Jan 24, 2022 10:31 AM
- 698 Watchers
- 1695 Stars
- 1342 Mentionable Users
- 0 Vulnerabilities
- 93 commits in the last 28 days.
- extremely high stars
- extremely high mentionable users
- extremely high repo stars
- daily repo updates
- good watchers
Zilliqa Sentiment Score
The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.
- The overall sentiment is very positive
- Enough of a collection of articles to be just about confident of the sentiment
Zilliqa Community Score
The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Zilliqa?
The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.
Overall Zilliqa has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.
- extremely high reddit articles
- extremely high hashtag tweets
- extremely high gitHub account watchers
Zilliqa Awareness Score
The awareness score indicates how well Zilliqa is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Zilliqa is but a good measure of longevity is how well the project is known by the general public.
Overall Zilliqa this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.
- low search result total
- poor number of news articles mentioning Zilliqa
- very low number of headlines about Zilliqa
- low number of Zilliqa YouTube videos
Zilliqa Credibility Score
The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?
- Mature project age (released Jan 25, 2018)
Zilliqa Volume Score
The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag
- good USD 24hr volume
Red flags come in all shapes and sizes
At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.
You expect a level of transparency and professionalism from a project that is asking for your money.
There are all sorts of red flags which you should be weary of;
- 404 (missing) websites
- Expired SSL certs
- Malware/Hijacked sites
- Suspended Twitter accounts
- Private Subreddits
- SEC investiations
If you spot anything suspicious/resolved then please let us know.
Zilliqa Red flags
No red flags
No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.
How complete is this profile:
1 missing data point
This profile is still waiting for the following data points
- tradingview profile
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