The Zilliqa mainnet launch is getting closer and the Zilliqa team is leaving nothing to chance. As per the Zilliqa team updates, they are now focused more on the technical aspects of the project such as gas reward, the Scilla interpreter, and a fallback mechanism that is aimed at ensuring that the network runs perfectly at all times. The Zilliqa team has made it clear that November will be a quiet month, as they work on these and other developments. These are core developments that will add to the overall strength of Zilliqa ahead of the mainnet. For investors, this is a good reason to be bullish on Zilliqa (ZIL). It creates the basis for Zilliqa FOMO for several reasons.
- No technical mishaps on mainnet launch
By taking the time to get every technical aspect of the project right, investors can be sure that everything will go as planned on mainnet launch. Since it is a highly anticipated event, its successful launch will create FOMO around Zilliqa (ZIL) and could see its price push up by a huge margin going into 2019. Any mishaps at the technical level in a space as speculative as crypto would be catastrophic. Therefore, the fact that the Zilliqa team is not taking anything to chance is a move in the right direction for Zilliqa (ZIL).
- It cements the image of Zilliqa as a transparent project
In a market full of hype project, Zilliqa stands out as one of the most transparent projects in the market. A few months ago, they admitted that they were pushing forward the mainnet launch because the project was not technically ready at the time. Not many projects would make such an announcement at the risk of a price dump.
Zilliqa did it, and they continue to be as transparent as possible with their developments. Their latest announcement may mean that the price of Zilliqa may be relatively quiet in November. However, once the developments they are working on are completed, and the mainnet is launched, the value of this crypto could push up a huge margin, going into 2019.
Zilliqa prospects in 2019
With everything in gear towards the mainnet launch, Zilliqa stands out as a high value buy now that the market is in a consolidation phase. It gives investors an opportunity to invest in this project, before FOMO buying kicks in. Once it launches, this project could emerge as one of the best performers in Q1 of 2019. Besides, the mainnet goes live, Zilliqa could attract high-value Dapps in 2019. There is a huge incentive for developers to create Dapps on Zilliqa due to its high scalability.
Zilliqa has got it right on Sharding, which allows it to scale to thousands of transactions per minute. Tests on this network have proven to be a success. Considering that scalability is the biggest issue facing blockchain technology is scalability, it places Zilliqa in a good position to grow going into 2019 and beyond. The possibility of Zilliqa making it to the top 10 is quite high.