About Zilliqa

What is the Zilliqa price today?

The ZIL price is currently $0.02. The price of Zilliqa is -11.92% over the last 30 days. You can use the live Zilliqa chart to track the ZIL/USD price in real time above, or compare the Zilliqa value today to its past performance using the Zilliqa price history tab at the top of this page.

What is the total supply of ZIL?

The circulating supply is 15,867,699,446.77 ZIL, out of a total maximum supply of 21,000,000,000.00 ZIL.

What is the price prediction for Zilliqa?

The average Zilliqa price prediction values the coin at $0.005 by the end of 2023. Things like the economic climate and the crypto market as a whole can all have an impact on the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is Zilliqa?

Zilliqa works in a similar way to Ethereum, and its ZIL coin is used for peer-to-peer transactions or to reward contributors to the platform. Zilling (ZIL) is the cryptocurrency that powers the Zilliqa platform.

Zilliqa was the first blockchain with ‘sharding’ technology to become publicly available. Sharding carries out transactions much faster than original blockchains because it divides the required work.

How does Zilliqa work?

Zilliqa was the first of many platforms to use sharding to make the blockchain scalable. Sharding is a technique of dividing up blocks so they can perform transactions independently and simultaneously before bringing them together again to add a full block onto the end of the blockchain.

With sharding, platforms can process transactions exponentially faster. Zilliqa can perform thousands of transactions per second, and the extra speed opens up blockchain technology to various uses.

How is the Zilliqa network secured?

Zilliqa is secured by the blockchain it runs on. Other users on the network, known as nodes, verify and secure all transactions. It uses a Byzantine Fault Tolerance consensus protocol, meaning that at least 66% of all nodes must agree for a transaction to be recorded on the blockchain.

What is Zilliqa used for?

ZIL coins are used on the Zilliqa platform to pay for transactions, validate smart contracts, and can be staked to earn interest. ZIL offers a high yield for staking – up to 6% annually – to encourage people to hold on to their coins.

The Zilliqa platform has already been used for finance, gaming, and advertising applications.

Why does ZIL have value?

Some cryptocurrencies can create new coins, which puts more into circulation, ZIL has a limited supply which means it will not be impacted by uncapped inflation. This will likely increase scarcity and help its value.

ZIL tokens also can be staked to earn interest, and Zilliqa offers a good yield of up to 6% per year, which means you can earn passive income by simply owning the token.

Who created Zilliqa?

Zilliqa was created in 2017 by Prateek Saxena, a professor at the National University of Singapore School of Computing. Saxena and his students released a paper explaining how sharding could improve a blockchain’s speed and efficiency.

The Zilliqa network was developed with the help of technology entrepreneur Max Kantelia and the president of the Singapore Computer Society, Juzar Motiwalla.

Where can I buy Zilliqa?

You can buy Zilliqa on a crypto exchange. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock platform.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in Zilliqa?

The simplest way to invest in Zilliqa is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any Zilliqa alternatives?

Here are a few Zilliqa alternatives for you to consider.

• Ethereum. Ethereum is the second largest crypto and a smart contract blockchain. 
• Bitcoin. Bitcoin is the original crypto and the largest in the world.
• Binance coin. Binance coin (BNB) is the native token of the Binance exchange.

More crypto guides

• Zilliqa staking calculator
• Best altcoin exchanges

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