Introduced in 2017, Zilliqa (ZIL) is centered around the idea of 'Sharding' and was designed to enhance the scalability of cryptocurrency networks such as Ethereum. Sharding is analogous to the concept of 'divide and conquer', where transactions are divided into smaller groups for miners to perform parallel transactional verification. The upshot of this is the ability to reach consensus more quickly, which would increase the number of transactions in a given period. According to the white paper, transactions speed could scale to approximately 1000x that of Ethereum's network. Zilliqa’s high throughput means that developers can focus on fleshing out their ideas rather than worrying about network congestion.
|Zilliqa Price||0.018874 USD|
|24h Volume||29,480,440 USD|
|Yesterday's Open / Close||$0.017580 USD / $0.018100 USD|
|Yesterday's High / Low||$0.018381 USD / $0.017486 USD|
|Yesterday's Change||+0.000520 USD (+2.96%)|
|Yesterday's Volume||$11,432,002 USD|