Are You Familiar With Zilliqa (ZIL)?
Though many currencies have invaded the much-sought-after crypto market, the most-talked off and high-ranked are Zilliqa (ZIL) which is an ERC20 token. This was the advent of the year 2017 when the Chief Executive Officer of Zilliqa, Mr. Xinshu Dong & his team came up with this brilliant idea of launching this asset. His idea was supported by his dedicated troupe of consultants and blockchain algorithm experts who brought this Zilliqa crypto to life. Let us analyze the current price in nigeria naira details of Zilliqa and understand the Zilliqa price prediction for the future.
Zilliqa Overview
Cryptocurrency | Zilliqa |
Ticker Symbol | ZIL |
Price | $0.2027 |
Price Change 24h | +87.76% |
Price Change 7d | +317.23% |
Market cap | $2,537,333,116 |
Circulating Supply | 12,587,932,035 ZIL |
Trading Volume | $9,298,141,926 |
All time high | $0.2563 |
All time low | $0.002477 |
Zilliqa ROI | +5221.01% |
Zilliqa: the Lesser Known Facts
Zilliqa network is a blockchain network that originated in Singapore and was founded by Prateek Saxena, Amrit Kumar, Max Kantelia; it adopted the Ethereum blockchain before beginning its own and is home to many decentralized applications. As a naïve entrant in the investment market around 2018, very few people were familiar with ZIL currency and were a little apprehensive about trading in ZIL crypto. A major advantage of the Zilliqa coin is that you can transact rates as the blockchain network expands contributing to a phenomenal increase in the number of miners. Zilliqa is the first of its kind of public blockchain built with sharding technology. It runs a programming language called Scilla and implements practical Byzantine Fault Tolerance. It can solve the existing problem of scalability using its sharding method as active scaling solution. Zilliqa can meet enterprise needs as it can manage a large volume of transactions.
Supported by a robust and high-bandwidth public blockchain platform, the issue ZIL has addressed are the accessibility issues putting in place a hybrid consensus mechanism. In this case, node operation is entirely reliant on the Proof of Work (PoS) hash. A unique feature of Zilliqa is that it can trap fraudulent or spurious transactions by peers wherein a confirmed block is capable of tracing the preceding block.
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