ZILLIQA (ZIL)


Zilliqa is a new blockchain platform that aims to create a secure, high-performance network. It is an open source blockchain that aims to achieve decentralisation and high scalability. It rivals Ethereum and Bitcoin in terms of speed and transaction fees, and its technology makes it cheaper than many altcoins.

It uses sharding technology, whereby the backlog is split into a number of smaller pieces, which carry out transactions in parallel. Its programming language is Scilla, which is absolutely developer-friendly and allows for testing of smart contracts before launch.

Current transaction speed: 2828 transactions/sec. Its stock market presence is still positive in the current market situation, with a steadily growing number of supporters and followers. Zilliqa has come a long way since its launch on 12 January. It is currently tradable on several exchanges, thanks to the buzz and community surrounding the project. It is available on Binance, Bithumbo, KuCoin, Huobi or Bitforex. You should know that you cannot buy Zilliqa directly for dollars or any other fiat currency. First of all, you have to buy Bitcoin or Ethereum, only for these you can get Zilliqa.

Of course, as with any other platform, Zilliqa carries risks. As it is a relatively young project, there is always a chance that a new, better and improved platform will appear, as there is a lot of competition on the market. One of the drawbacks of Zilliqa is that it requires a lot of storage space.