Zilliqa is the very first public blockchain specifically designed to allow linear scaling and implements sharding as the blockchain grows in size. Zilliqa ultimately changes how a blockchain reaches the consensus. Zilliqa can process tens or hundreds of thousands of transactions per second. Zilliqa has found out a way to get rid of the scalability problem, where they start reimagining the blockchain from scratch. The Zilliqa protocol divides the number of mining nodes on the network into groups of 600 nodes. Each group is known as a shard.
When you first start mining, you will have to complete a proof of work (PoW) hash which requires computing power that guarantees that a machine can only operate one node. As such, PoW helps Zilliqa establish identity. Zilliqa uses hybrid consensus mechanism.
The top 5 Zilliqa wallets in 2020 are:
This is a chrome extension, so you can download it and store your tokens at ease. With Zilliqa light wallet, you can get the Zilliqa blockchain account management in a single place. You don’t have to worry about the security of the tokens, as you’ll be the one solely responsible and will be in full control of your passphrase and private keys.
Click here to download Zilliqa light wallet
The Ledger Nano S is a cryptocurrency hardware wallet especially built to support a wide variety of altcoins including bitcoin that is fairly popular. This hardware wallet offers a great user experience. Ledger Nano S is a big name in the world of digital hardware wallets, as it provides with features which makes it convenient for the users to use it. Although it's on the expensive side, it offers a superb value proposition. Ledger Nano S doesn’t store any of your digital currencies on the device itself to make sure your assets are secure. Rather, it tracks them on the blockchain, which serves as a digital ledger to record transactions. Ledger Nano S protects and holds the private keys to access and manage your digital currencies.
Click here to download Zilliqa wallet Ledger
Trust Wallet is a renowned wallet, which supports multiple cryptocurrencies, and is owned by Binance, one of the largest cryptocurrency exchanges in the world. You can store, receive and send your Zilliqa tokens easily here, with advanced security and privacy features. It is very easy to set up and is available for both Android and iOS wallets. It is recommended for beginners too and is considered as one of the best ZIL wallets.
Click here to access Trust wallet
Atomic Wallet is a multi-currency wallet that supports Zilliqa and many other cryptocurrencies. The reviews about Atomic wallet proves the credibility of the wallet. After the Zilliqa mainnet integration, Atomic wallet initiated its support. The best part is that it is available for all operating systems- Mac, Windows, Linux, Fedora, etc. It is even available for Android and iOS devices.
Click here to access Atomic wallet
Math Wallet supports Zilliqa and many other tokens and is available for Android and iOS app. Math supports the Zilliqa mainnet, with its built-in token exchange. Math has come up with some of its products like Math decentralized app factory, Math Pay and Math ID card, which makes it a single platform to satisfy all the decentralized application (dApp) needs. Math wallet is pretty new and secure.
Click here to access Math wallet
CoinSwitch enables businesses to convert over 300 cryptocurrencies with our powerful Fixed and Dynamic rate APIs. CoinSwitch exchange APIs are being used by many top cryptocurrency wallets across the globe like Trezor, Exodus, imToken, Guarda etc. Are you interested in providing your users an option to exchange coins within the wallet? For more information please reach out to email@example.com or refer our API documentation.
CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!
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