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Zilliqa Explained: All You Need To Know About This Ethereum Competitor
By Seedly  •  June 6, 2021
Arguably, one of the things holding back the widespread adoption of cryptocurrencies is its scaling problem. Legacy cryptocurrency networks like Ethereum only can only handle about 15 transactions per second (TPS) while the Bitcoin network can only handle about 3 -5 TPS.  In comparison, traditional payment methods like Visa and Mastercard can handle thousands of TPS. Enter Zilliqa: a blockchain platform capable of processing thousands of TPS and more crucially, Zilliqa’s transaction throughput increases (roughly) linearly with its network size which bodes well for scalability. Source: Zilliqa The platform also functions as a transparent and open public blockchain network that allows the running of smart contracts and decentralised apps (Dapps) and can be considered a direct competitor to Ethereum. Here’s all you need to know about Zilliqa! Disclaimer: The information provided by Seedly serves as an educational piece and is not intended to be personalised...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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