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Zilliqa price today is $0.0564 USD, which is Down by -0.78% over the last 24 hours. There has been an hourly Dip by -0.33%. Zilliqa's market cap currently sits at $723,844,975.29 USD, holding up for a market cap rank at #72. The volume were at $205,435,743.28 USD Zilliqa ranks no 72 in the market capitalization of Zilliqa is at $723,844,975.29 and its volume for 24 hours is $205,435,743.28. Zilliqa are under circulation, with total supply of 16.11B and the Maximum supply of 21B.
Zilliqa is a most powerful, faster, scalable, and permissionless blockchain that empowers Smart Contracts to develop robust and secure decentralized applications. It is the most secure and robust next-generation blockchain platform based on "sharding" technology. Zilliqa is also known as a public blockchain, and it can do thousands of transactions in a single second. ZIL is a native token of the Zilliqa network which users can use in a transaction. If you own ZIL, you can earn Zilliqa in reward through staking. Sharding divides the blockchain network into a smaller subnetwork that can process transactions and execution in parallel. Furthermore, Zilliqa claims it is the world's first high-throughput public chain platform designed to perform thousands of transactions in a second.
Sharding divides an extensive network into a small individual network parallelly. Each shared processes its macroblock parallelly with other shards, and the result will be collected into a final one.
Who created Zilliqa (ZIL)?
In June 2017, Zilliqa was launched by Xinshu Don and Amrit Kumar, researchers from the national university of Singapore.
How Does Zilliqa (ZIL) Work?
ZIL is unique and entirely built on the sharded structure. As we discussed, Sharding is a term that divides the network into smaller nodes. This feature is not new but first time used by Zilliqa in the blockchain. This research was conducted by a Singapore university named National University. Nodes are required to hold 600+ nodes to function correctly.
ZIL: it is a native currency of Zilliqa Blockchain. The primary use of ZIL is currency. On the other side, it is also used in smart contracts to execute it and miners get rewarded for network and security.
Scilla: this is a new scripting language, and this is a smart contract language and more secure than other languages. Scilla offers a more secure and robust programming language to developers.
DAPPS: Zilliqa has many decentralized applications live, and many more are on the way to be lived.
Staking: ZIL users can earn more ZIL by staking. Currently, the ZIL platform offers a 6% annual return. They are very impressive, and various staking nodes are available for users on the platforms included, including Moonlet, Staked, Atomic Wallet, Zillacracy, and many more with secured annual returns.
Proof-of-Work of Zilliqa (ZIL): ZIL required the only POW on every 100 blocks. The work of PoW is to prevent Sybil attacks and generate identity nodes and not to behave consensus like Bitcoin.
What Makes Zilliqa Unique?
ZIL calls itself the world's first public blockchain, which is based on a shared network. That means it can produce high throughput and more transactions per second. Sharded solves the scalability problem because sharded processes do transactions individually. Whenever networks grow, shards increase and the number of transactions also increases. No additional time is required for records confirmation in the ZIL blockchain because records will be added promptly after the process is done. Zilliqa blockchain is required for large-cap businesses, including financial services, advertising, enterprise, gaming, and payment industries, making ZIL unique.
Is Zilliqa secure?
Blockchains are very safe, and they use centralized data storage like Google and Visa. Thousands make blockchains of systems impossible to hack. To hack blockchains, you need to get control of all nodes.
There are two main security features of Zilliqa.
As we discussed, Zilliqa is safe but made by humans. So, there is no guarantee to keep ZIL safe for a long time. ZIL developers are working to improve its security day by day to keep ZIL secure.
The circulating supply of Zilliqa(ZIL)
Zilliqa is currently ranking on the number #69 globally. It comes under the top #100 valuable cryptocurrencies globally with the $1.81($ 1,809,805,495)billion market cap. The current circulating supply of ZIL is 12.79(12,790,226,440.80) billion out of the total supply of 21.00(21,000,000,000.00) billion. Its MAX supply is 21.00(21,000,000,000.00) billion, and currently, 24h trading volume is $ 174.02($ 174,020,985) million.
How to buy Zilliqa(ZIL)?
ZIL is now very popular among investors and growing day by day. So, it is available on all exchanges but buying ZIL from top exchanges makes our investment more secure and valuable. Create an account on any crypto exchange in just three simple steps includes:
Once identification gets verified from the selected exchange, start buying or trading in ZIL. We are listing down some top and valuable exchange lists where ZIL is trading.
Many exchanges do not allow users to deposit fiat currencies like INR, EURS, USD. In this case, buy other stable cryptocurrency pairs such as USDT/ZIL, USDC/ZIL, BTC/ZIL, ETH/ZIL equivalent to your decided fiat currency, and convert it to the ZIL.
The current Zilliqa price is $0.0564. In the last 24 hours, Zilliqa price has gone up by -0.78%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Zilliqa price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Zilliqa at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging ZIL against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Zilliqa can be earned or received in various ways. ZIL considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the ZIL, including ZIL to PHP, ZIL to INR, ZIL to NGN, ZIL to THB, ZIL to CAD, ZIL to PKR, ZIL to IDR , ZIL to EUR , ZIL to AUD , ZIL to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
There are many altcoins in the market, and investors need to clear out how altcoin differs from Zilliqa and what it can offer by comparing all altcoins with Zilliqa(ZIL). Some are Litecoin vs Zilliqa, Filecoin vs Zilliqa, RioDeFi vs Zilliqa, Gulden vs Zilliqa, Dynamic vs Zilliqa, I/O Coin vs Zilliqa, EveriToken vs Zilliqa, STRAKS vs Zilliqa, Index Chain vs Zilliqa, Dexchain vs Zilliqa.
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