Zilliqa (ZIL): The growth of cryptocurrencies has brought many opportunities especially for the upcoming coins. The freedom of choice appears to be playing in the decentralized market with new entrants looking for the best platforms to build their applications. Zilliqa (ZIL) is one of the upcoming outfits that is stealing the show and has over a short time proved to be more superior that the Ethereum ecosystem.
Zilliqa goal is to change the writing of smart contracts through their flagship Scilla programming language. It is also in the forefront of changing how trading is conducted in the digital money market using the sharding innovation which enables the system to be broken down to manageable shards to manage the mining process.
Mass Exodus from Ethereum to Zilliqa
As the Ethereum platform gas price continue to get out of reach for the ordinary users, dApp developers are looking for affordable alternatives and Zilliqa is propping up itself as the natural choice. Ethereum seems to be headed to a slow phase in their history after the recent transaction fees increase that has hit the ecosystem.
Etheremon, a game that has been riding on the Ethereum platform is partly switching base to Zilliqa. With the escalating ETH prices, the gaming experience appears to be affected by the high fee. The Ethereum ecosystem has been battling with scalability bottlenecks and delays in resolving them have seen several applications exit to better platforms.
While making the move that has seen the Zilliqa (ZIL) price to surge, the official blog Etheremon says:
“Long term solution, we are glad to announce that we will work with the Zilliqa team to explore Zilliqa as a scalability solution to Etheremon. The Higher throughput and low gas of Zilliqa’s sharding solution offer players better experience.”
Zilliqa Offers better Transaction Fees
High prices have driven the Etheremon game lover’s off-chain which is not a lasting solution and it is not one of the best ways to transact and choosing Zilliqa (ZIL) as the transaction provider while the gaming system remains on the Ethereum ecosystem. However, the permanence of the move is yet to be disclosed to the user base.
This is the second time a high profile gaming outfit is testing the Ethereum scalability. First was Crypto Kitties that at some point strangled the ecosystem to almost a stand still. If the issue is not resolved, it is soon gin to hit back at Ethereum to a point of losing some of its supporters and prospective investors.
Ethereum Blockchain Limitation
Ethereum has incubated many digital assets and some of these have become independent due to its limitations. At the moment, Ethereum system cannot handle decentralized gaming outfits on their ecosystem. This is one of the reasons why Etheremon decided to shaft base to Zilliqa to safe their user base.
However, this partial move may mean that the gaming platform is waiting for Ethereum to implement is anticipated plasma network or at least they come up with a solution similar to sharding. With increasing popularity of the game, Ethereum appears ecosystem appears to have been pushed to its limit and the occasional slow transaction speeds can be associated with its scalability issues.
Zilliqa Popularity on the Rise
When it comes to gaming and entertainment on blockchain, speed is very important. Zilliqa is now among the best outfits out there that you can be on their speed. However, this goes hand in hand with security. With a secure and scalable platform, Zilliqa, during their testnet achieved the best transaction speed of up to 2,488/s and that is why Etheremon did not choose other players like EOS or TRON.
It is however a fact that Ethereum still host the highest number of gaming apps by virtue of its early entry into the market. With the continuing popularity in decentralized gaming applications, the battle between the providers appears to be taking shape. Traders are however accusing the Chinese exchange FCoin of causing Ethereum network snarl ups.