Difference Between Zilliqa and Cardano

Last Updated : Sep 4, 2022 / By Sandeep Bhandari / Fact Checked / 3 mins

"ZIL" is a common symbol for Zilliqa. Since the twenty-fifth of January 2018, Zilliqa has been in existence. Anyone can go to "zilliqa.com" to find out everything there is to know about Zilliqa.

Cardano is often referred to as "ADA," which is also its symbol. Since the beginning of October 2017, Cardano has been in existence. On Cardano's official website, "cardano.org," you may get all of the information you need.

Comparison Table Between Zilliqa and Cardano

Parameters of Comparison	Zilliqa	Cardano
Symbol	ZIL	ADA
‌Starting date	25 January 2018	1 October 2017
Website	zilliqa.com	cardano.org
Mineable	Yes, mineable	Non-mineable
Market price analysis	Insignificant.	Very weak.
Financial distress	Below average	High significantly
USD Price	‌Higher than Cardano	Lower than Zilliqa
Headquarters	Singapore, SG	Zug, CH

What is Zilliqa?

Zilliqa belongs to a family of public blockchain platforms. It is well recognised for being one of the first to deploy sharding.

The ERC-20 tokens were used to launch the tokens on the Ethereum network, but they were swapped out for ZIL tokens when the mainnet opened in 2019 January.

It's possible to mine Zilliqa. Zilliqa is more expensive than Cardano in terms of USD. Zilliqa's headquarters in Singapore, SG, oversees all of the company's operations.

What is Cardano?

Cardano belongs to a family of public blockchain that employs the Ouroboros proof-of-stake algorithm.

Ada Lovelace, a mathematician and the world's first computer programmer, is said to have influenced the name. On average, it takes 5 to 7 minutes to complete a single transaction on the site.

Cardano is commonly referred to as "ADA," which is also a symbol. Cardano has been in existence since October 1, 2017.

Main Differences Between Zilliqa and Cardano

1. The USD price of Zilliqa is higher than Cardano. On the other hand, the USD price of Cardano is comparatively lower than Zilliqa.
2. ‌All the operations of Zilliqa are carried out from its headquarters in Singapore, SG. On the other hand, Zug, CH is the place from where all the important operations are carried out for Cardano.

Conclusion

People are at ease and safe in a world that is rapidly evolving digitally and technologically. Investing in cryptocurrencies, they believe, saves them a great deal of time and effort.

However, investing in cryptos based on their ranks in the capital list is not the best way to go because they may be ranked from a different perspective or with a few attributes in mind that aren't necessarily important to you.

Apart from Cardano and Zilliqa, other varieties of platforms are also available. Thus, it solely depends upon a person and his or her interests and demands.

References

1. https://files.ifi.uzh.ch/CSG/staff/Rafati/Kursat_IS.pdf
2. https://www.csit.carleton.ca/~fyu/assets/images/TB/Paper1.pdf