What Is ShibaZilla(SHIBAZILLA)?
ShibaZilla aims to go above and beyond for its community, by providing investors 5% liquidity and 5% Reflection Rewards. They want to build positive community join our telegram to ask any question you want. 5% will be added automaticly to liquidity so the chart will looks health,5% Reflection rewards. Liquidity will be fully locked and 5% of every buy will go to the Liquidity. 5% Reflection Rewards will be distributed on each transaction fee based on the share of the ShibaZilla. There is no dev wallet so this is 100% community driven.
ShibaZilla Storage Key Points
|Source Code||Click Here To View Source Code|
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|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
ShibaZilla systems are racked with delays in processing, transmitting, and receiving⁵. Although most new businesses in the industry try to tackle the problem of delays head-on, there is still a solution out there that evades conventional payment processors. ShibaZilla These speed delays exist either as a result of lack of coordination, or as slow updating of relevant account balances and even because of system failures on the part of the middleman, among other reasons.
ShibaZilla ensures that it hires the best team of developers to strengthen the platform security and continue on researching and improving ways to prevent data breaching. Chellit plans to conduct the necessary steps to ensure Chellit users’ personal information and all their transactional activity remains private and secure.
ShibaZilla any cryptocurrency to have vitality, it must secure its usefulness. A cryptocurrency that has no globally applicable use may still be functional on its own platform, but since it does not secure universal users, it will have limitation in its function as a currency⁶. As per research conducted by Invest in Blockchain, less than 50% of cryptocurrencies provide any real value or useful function to the users. Out of the top 100 most valuable cryptocurrencies (measured by market capitalization) covered in the study, only 36 were attached to some sort of real utility or practical use⁷.
ShibaZilla is based on the top blockchain Ethereum’s network. The blockchain supports the CHLT ecosystem and enables it to function as a practical-use cryptocurrency on its platform. CHLT is an ERC-20 token and currently incorporates Proof-of-Work (PoW) consensus mechanism. The blockchain is a decentralized network of millions of computers that serve two primary functions, Virtual Machine, and blockchain platform. Thus, having the transition to its main-net in the future will allow the blockchain to handle more transactions per second. As a result, they can achieve an improved version of its consensus algorithm to Delegated Proof-of-Stake (DPoS).
Existing Payment Problems
ShibaZilla the past century, as global trade increased³, a sort of semi-optimal, clumsy finance system emerged which focused almost entirely on securing payment transfers. Despite this targeted focus, not only did this system fail to achieve complete security, but also left major gaps to be filled for other important payment features⁴. These include technical issues as well as coordination inefficiencies.
This paper will elaborate on the Chellit ecosystem, first stating the problems for which Chellit emerges as a solution and then explaining how it tackles these issues. ShibaZilla Traditionally, payment methods involve third parties for safety and record-keeping purposes. However, this has resulted in a system fraught with inefficiencies such as extra fees, delays, and other technological or physical hurdles. Senders acting individually have to pay large fees for every transaction they make, amounting to billions of dollars spent as fee charges in the industry annually.