Zilliqa leverages on silicon-smooth, speedy and cost-effective blockchain platform to catalyze and transform digital infrastructure across all global communities and industries. Born at the National University of Singapore, Zilliqa was the brainchild of a team of academics, entrepreneurs, and engineers. Given the advancements in Zilliqa, we could soon start seeing a big uptrend in ZIL price.
Early Mover Advantage
With the launch of their mainnet in January 2019, they became the first public blockchain platform in the world to successfully utilize sharding as a scaling solution. Their unique application of sharding allows the blockchain to scale in a linear fashion. This ensures that the Zilliqa platform can scale to meet the needs of a growing ecosystem of miners and applications.
Scilla
Zilliqa is powered by the first peer- reviewed and safe-by-design smart contract language called Scilla. Using functional programming design principles (as in OCaml) allows it to be friendlier towards static checks and formal verification.
Eco-Friendly Dual Mining
Because of Zilliqa’s consensus mechanism, the ecological footprint of mining has considerably been reduced. Only 1 minute out of every 2-3 hours is needed to mine ZIL, allowing one to dual-mine other chains at the same time.
Let us review ZIL Price
ZIL/USD – Price Prediction
ZIL is currently trading above the support zone of $0.1537. As long as ZIL is above this zone, we could start seeing a move towards $0.2206, $0.2385, $0.2614, $0.3275 and $0.4343. Failure to hold the support at $0.1537 could lead to a drop towards $0.1309.
ZIL is currently trading at $0.1845 with a market cap of $2,198,827,243 and its 24 hour trading volume was $223,653,654.
