#83. Zilliqa (ZIL)
Price of 1 Zilliqa (ZIL) = $0.15 AUD
Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms. Zilliqa network uses a concept called Sharding where the transactions are grouped into smaller groups and divided among the miners for the parallel transactional verification. Developing smaller groups for transactional verification means the Consensus can be reached faster and hence a higher number of transactions can be processed in a given time frame. The capacity of the network linearly increases in other cryptocurrencies as the number of people joins the network, but in this case, the capacity is increased at a higher variable rate than the number of members joining the network. By incorporating the Sharding Technology, it can completely revolutionize the smart contract functionality too. Ziliqa has few pros as it has a great new technology. Zilliqa is the first platform to use sharding technology. This puts it ahead of the rest of the market. It’s a completely new kind of blockchain designed to solve the problem of scalability. Third-generation platforms like Zilliqa could be the big winners in the future of cryptocurrency. Ziliqa has a strong community. The platform has a lot of fans. The Zilliqa ICO only happened because there was so much demand for it. The Zilliqa ICO also shows that the crypto community is ready to see blockchain technology move to the next phase of its development.
ZIL Price Analysis
The price of ZIL has gone down -2.7% in the past 24 hours.
Zilliqa (ZIL) is a cryptocurrency. Users are able to generate ZIL through the process of mining. Zilliqa has a current supply of 13,743,612,303.83 with 10,452,145,150.83 in circulation. The last known price of Zilliqa is $0.014238 USD and is up 1.61% over the last 24 hours. It is currently trading on 113 active market(s) with $25,805,994.555 traded over the last 24 hours. More information can be found at https://www.zilliqa.com/.
Information & prices last updated 11 minutes ago. For latest Zilliqa prices and information visit swyftx.com.au
Top 3 Coins To Watch Today: ZIL, CELR, EOS – September 16 Trading Analysis
3 days ago by Malik Junaid
Top 3 Coins To Watch Today: ICX, RAY, ZIL – August 31 Trading Analysis
2 weeks ago by Malik Junaid
Cardano, Litecoin, Chainlink, Ethereum, Zilliqa: which of these alts are on the cusp of breaking out?
4 months ago by AMBCrypto
Market Wrap: Bitcoin Flat at $56.7K, Ether Rises and Dogecoin Dumps 16%
4 months ago by CoinDesk
Crypto Analyst Explains Why $ETH Could Go to $17.5K, $DOT to $350, and $ADA to $20
5 months ago by CryptoGlobe
Trader Michaël van de Poppe Reveals Maximum Price Targets for Bitcoin, Ethereum, Cardano and 5 Other Crypto Assets
5 months ago by The Daily Hodl
Information and prices shared on this web page may not be assumed as correct, nor used as financial advice. Please do your own research before investing. And you can help us keep this up-to-date report outdated information to us. Thank you.