ZIL

Zilliqa

  • #Binance Smart Chain Ecosystem
  • #Smart Contract Platform
  • #PoW
  • #Binance BUSD
  • 0.020435
  • $37.56M
  • $392.04MRank #182
  • 19.18B
0.033%
--
8.56%

  • Spot Markets
  • Overview
  • Market Data

Coin
Price
24h Change
24h Turnover
 1
ZIL/USDT
Binance
$0.020443.08%$8.79M
 2
ZIL/USDT
Binance Swap
$0.020453.28%$23.22M
 3
ZIL/USDT
OKX
$0.020433.03%$1.51M
 4
ZIL/USDT
OKX Swap
$0.020422.77%$201.32M
 5
ZIL/USDT
MEXC
$0.02019-0.88%$213.11K
 6
ZIL/USDT
Gate
$0.02019-0.78%$163.46K
 7
ZIL/USDT
Huobi
$0.020191-1.3%$1.39M
 8
ZIL/USDC
OKX
$0.020332.21%$23.97K
 9
ZIL/BTC
Binance
$0.000000210.00%$1.29
 10
ZIL/ETH
Binance
$0.00000612-5.41%$13.79
 11
ZIL/ETH
Gate
$0.0000070.00%$0

What Is Zilliqa (ZIL)?

Zilliqa is a public, permissionless [blockchain] that is designed to offer high throughput with the ability to complete thousands of transactions per second. It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many [decentralized applications], and as of October 2020, it also allows for [staking] and [yield farming].

Development work officially started on Zilliqa in June 2017, and its testnet [went live] in March 2018. A little over a year later, in June 2019, the platform [launched] its mainnet.

The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.

Who Are the Founders of Zilliqa?

Zilliqa was first conceived by Prateek Saxena, an assistant professor at the National University of Singapore School of Computing. Saxena and several students in the School of Computing published a paper in 2016 that outlined how a sharding-focused blockchain could improve network efficiency and speed.

Around the same time, Saxena co-founded Anquan Capital alongside Max Kantelia, a lifelong finance and tech entrepreneur, and Juzar Motiwalla, former president of the Singapore Computer Society. The company incorporated Zilliqa Research in June 2017 to develop the Zilliqa network, bringing on Dong Xinshu as its CEO, Yaoqi Jia as its chief technology officer and Amrit Kumar as its chief scientific officer. All three previously worked as research fellows at the NUS School of Computing.

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