Introduction
Zilliqa Coin is a cryptocurrency that desires to use sharding to decode the scalability problems facing many blockchains. Sharding divides the mining network into smaller pieces, or shards, that process transactions in parallel.
What Is Zilliqa Coin (ZIL)?
Zilliqa is a public, permissionless blockchain 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 was officially activated on Zilliqa in June 2017, and its testnet reached live in March 2018. A little over a year later, in June 2019, the platform projected its mainnet.
The native utility token of Zilliqa, ZIL, is operated to process trades on the network and run smart contracts.
History of Zilliqa (ZIL)
The platform was founded in 2017, and they released the whitepaper in May 2018. The team includes over fifty engineers, scientists, venture creators, and industry specialists. Dr. Ben Livshits work as the CEO. He has a Ph.D. in C.S. from Stanford and has worked at Microsoft and Brave. Dr. Amit Kumar is the co-founder and president, and chief scientific officer. He also holds a Ph.D. in C.S. from Inria, France. Other famous members include Mihee Park, Dr. Saayan Choudhury, Matt Dyer, Dr. Ilya Sergey, and Jun Hao Tan.
How Are New ZIL Tokens Created?
The platform uses a variety of proof of work (PoW) and practical Byzantine fault tolerance (PBFT). The two mechanisms help the network enhance security, reduce the carbon footprint, and solve slow trade rates and scalability. PFBT refers to a spread computer network’s capacity to perfectly resemble a consensus despite nodes in the system failing or sending out incorrect information.
Users can bet their ZIL tokens to make rewards while contributing to the network. The annual percentage recovery for staking is proportionate to the total amount of tokens in circulation. The staking rewards are up to 12.99% APR.
What is the future of Zilliqa Coin?
The future of Zilliqa highly depends on the overall performance of the crypto enterprise. When investing in ZIL, you must use the right process. This type of investment is inappropriate for those with an asymmetric risk profile. However, it is still an excellent asset for those with a high-risk tolerance and a solid financial situation. In addition to its hypothetical nature, ZIL offers exposure to global technology and an ever-growing ecosystem.
Where Can You Buy Zilliqa Coin (ZIL)?
Zilliqa’s native token, ZIL, is documented on several primary cryptocurrency exchanges. Including Binance,Bitfinex, Huobi, and Bithumb. Where it is available to be traded against fiat currencies, stablecoins, and other cryptocurrencies.
Zilliqa Coin (ZIL) Live Price, Market Cap, Volume, Supply.
Please enter CoinGecko Free Api Key to get this plugin works.Zilliqa Coin (ZIL) Price Prediction 2023-2033.
| Years | Avg Price | Lowest Price | Highest Price |
|---|---|---|---|
| 2023 | $0.12 | $0.10 | $0.14 |
| 2024 | $0.15 | $0.12 | $0.18 |
| 2025 | $0.19 | $0.15 | $0.23 |
| 2026 | $0.23 | $0.19 | $0.28 |
| 2027 | $0.29 | $0.23 | $0.35 |
| 2028 | $0.37 | $0.29 | $0.44 |
| 2029 | $0.46 | $0.37 | $0.56 |
| 2030 | $0.58 | $0.46 | $0.70 |
| 2031 | $0.73 | $0.58 | $0.87 |
| 2032 | $0.91 | $0.73 | $1.10 |
| 2033 | $1.14 | $0.91 | $1.37 |
Zilliqa Coin price prediction 2023
According to our analysis, Zilliqa’s price for 2023 should range between $0.098 to $0.14, and the average price of ZIL should be around $0.12.
Zilliqa Coin price prediction 2024
According to our analysis, Zilliqa’s price for 2024 should range between $0.12 to $0.18, and the average price of ZIL should be around $0.15.
Zilliqa Coin price prediction 2025
According to our analysis, Zilliqa’s price for 2025 should range between $0.15 to $0.23, and the average price of ZIL should be around $0.19.
Zilliqa Coin price prediction 2026
According to our analysis, Zilliqa’s price for 2026 should range between $0.19 to $0.28, and the average price of ZIL should be around $0.23.
Zilliqa Coin price prediction 2027
According to our analysis, Zilliqa’s price for 2027 should range between $0.23 to $0.35, and the average price of ZIL should be around $0.29.
Zilliqa Coin price prediction 2028
According to our analysis, Zilliqa’s price for 2028 should range between $0.29 to $0.44, and the average price of ZIL should be around $0.37.
Zilliqa Coin price prediction 2029
According to our analysis, Zilliqa’s price for 2029 should range between $0.37 to $0.56, and the average price of ZIL should be around $0.46.
Zilliqa Coin price prediction 2030
According to our analysis, Zilliqa’s price for 2030 should range between $0.46 to $0.7, and the average price of ZIL should be around $0.58.
Zilliqa Coin price prediction 2031
According to our analysis, Zilliqa’s price for 2031 should range between $0.58 to $0.87, and the average price of ZIL should be around $0.73.
Zilliqa Coin price prediction 2032
According to our analysis, Zilliqa’s price for 2032 should range between $0.73 to $1.10, and the average price of ZIL should be around $0.91.
Zilliqa Coin price prediction 2033
According to our analysis, Zilliqa’s price for 2033 should range between $0.91 to $1.37, and the average price of ZIL should be around $1.14.
FAQs
How many Zilliqa are there?
The current circulating supply of Zilliqa is 16 billion.
What was the highest price of Zilliqa?
The highest price for Zilliqa was recorded on 6th May 2021, during which ZIL hit an All-Time High of $0.25
What is the price of 1 Zilliqa?
The price of 1 Zilliqa, according to the current market rate, is $0.026
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