Virtual currency Zilliqa. What is ZIL coin? Digital currency Zilliqa is another area that often correlates with Ethereum. A distinctive feature of the new platform is the high network bandwidth, which increases along with the increase in its volume. Zilliqa can be used by each user to develop new applications that use smart contracts. It should also be mentioned that sharding is the basis of the network operation, according to which the network is divided into a large number of subnets. Due to this method, Zilliqa is significantly lighter than other networks that do not use the sharding method.
Services on the site Zilliqa bought with cryptocurrency ZIL. The creators of the platform are planning to issue 21 billion coins, but initially generated only 60 percent of the total. Other tokens can be extracted over the next 10 years. How to buy ZIL currency? You can buy Zilliqa coin on the stock exchange. Price in USD always varies like any other cryptocurrency.
Today, the main drawback of all Blockchain projects is low bandwidth, as well as a large volume of network chains. These disadvantages of the Bitcoin platform do not allow It to compete with Western Union and SWIFT systems. The Main task of the Zilliqa site is to eliminate the above shortcomings.
A large number of specialists worked on the creation of this platform, who were able to create a promising project that could compete with the most popular cryptocurrencies.