Zilliqa Profile (ZIL)

Rating: Good

Balanced Small Cap

Project Safety Score

Fri, Mar 29, 2024 12:00 AM

	Market Cap	$334,439,398.25
	Market Dominance	0.0281
	24hr Volume	$18,397,577.97
	Price	$0.0211

75%

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Name

Zilliqa

Type

token

Platform

BNB Smart Chain (BEP20)

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.

3.3/5

(10 reviews)

Ratings and reviews left by our members do not impact the profile score.

Omer Kaya 2 years ago

One of my altcoins staking for future. Waiting patiently for a growing ecosystem.

0 0

Barry scott 2 years ago

Tanking. Doesn’t recover like the others 🤷‍♂️ Invest in others. Wouldn’t say it’s a scam though.

0 0

Noah 3 years ago

Personnellement, je pense que c'est un des projets des plus sérieux du top 100 des cryptos. Certainement qui fait même parti des 10 projets les plus sérieux du monde des cryptos.

1 0

Noah 3 years ago

Personnellement, je pense que c'est un des projets des plus sérieux du top 100 des cryptos. Certainement qui fait même parti des 10 projets les plus sérieux du monde des cryptos.

1 0

Timmy 2 years ago

Project is good. But if btc goes down zil will dump harder then any other altcoin. It also does not recover like other coins when the whole market is pumping. I’m suspecting the team are dumping on their users so I have decided to move on.

0 1

Timmy 2 years ago

0 0

Marc 2 years ago

One of the last true hidden gems in the crypto space! Super fast paced network, great platform and dedicated hardworking team. Zil will make you a millionaire trust me

0 2

milad 3 years ago

It is not a scam, better invest your money other coins. Zilliqa is working very poor for now.

0 0

AKBAR ALI 6 years ago

This crypto is the future. Will be top 5 soon. Great scalability. The higher the nodes, the faster the transactions. Truly solving blockchain issues in mega propotions.

0 0

Heywood Jablome 4 years ago

I don't think it was a deliberate scam but, I don't think the project is going to work either. I don't see it ever going through another hype wave like last year, especially with Elrond promising basically the same thing and being newer. Zil was basically an academic exercise that really shouldn't have been offered on exchanges in the first place.

0 0

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3.3/5

(10 reviews)

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Zilliqa News

Zilliqa (ZIL) se prepara para una actualización que cambiará ...
Thu, Jul 6, 2023 5:29 PM
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Analistler Radarlarındaki 8 Altcoini Açıkladı: PEPE de Var!
Thu, Jul 6, 2023 3:29 PM
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Cryptos Firm As ETF Hopes Limit Fed Fears
Thu, Jul 6, 2023 2:29 PM
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Ethereum Drops Below $1,900 Following Economic Data ...
Thu, Jul 6, 2023 2:29 PM
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Por que o mercado de criptomoedas está em baixa hoje, 06 ...
Thu, Jul 6, 2023 1:29 PM
...
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