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Zilliqa (zil) is a permissionless cryptocurrency developed to allow all its users to deploy transactions faster and quickly. It aims to reduce the extensibility of the blockchain and also increase its speed. This is done by employing sharding, which works as a second layer of solution effective in scaling.
The platform has many decentralized applications that run on its blockchain. The utility token provided by Zilliqa is known as ZIL, which can be used for staking and faster transactions and executing all smart contracts.
Zilliqa (zil) is being considered a good investment in the year 2021. It is currently supplying a total of 12 billion, which is 55% of its total capacity. It will move higher as the year progresses because of its higher transaction rate and scalability factor.
The Zilliqa coin future is bright as it is moving ahead with positive intent. You can use them in the following ways:
It has better followers in the community.
It is the first blockchain network platform that provides sharding technology.
It does not require any permission and works publicly with sharding.
Efficiently collaborates with the technology of the real world.
Resolves scalability issues faster.
It has Turing permits for language procession, which is highly complex.
More transactions per second mean an increased level of centralization.
The ICO for Zilliqa (zil) ended on 4th January 2018. The initial price on the Zilliqa coin launch date was $0.0038. The Zilliqa coin raised $22 million in the initial offering while offering 6.30 billion shares. The investors were offered 30% of the stock, of which 70% of the stock went to an unknown commodity that was not reported.
Prateek Saxena is the founder of the Zilliqa (zil) cryptocurrency.
The market cap of the Zilliqa coin is $1,327,532,314.34
The fully diluted market cap Zilliqa coin in the current market is $2,400,548,032.59.
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