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What is Zilliqa (ZIL)?

What is Zilliqa (ZIL)?



What is Zilliqa?

Have you ever heard of Ethereum, EOS, or Tron? Well, now you can welcome another blockchain to that competitive family. Everyone say “hi” to Zilliqa. Zilliqa is yet another blockchain looking to build an ecosystem of decentralized applications (dapps) but in a much different manner than the aforementioned chains. To do this, they use a process called sharding. 

Sharding splits the blockchain infrastructure into various “shards” or connected blockchains that work together to process more transactions at a faster rate. For the coders out there, Zilliqa comes with its unique programming language called Scila. Scilla is a security-focused language that allows developers to write and launch their dapps that are replicas of real-world services (both financial and non-financial). 

ZIL is the native token of the network and is used to execute programs, encourage users to support the network, and facilitate transactions. Ultimately, Zilliqa hopes to solve the scalability issue that many legacy blockchains have today. 

What is the Zilliqa price?

YouHodler aggregates prices from top centralized exchanges to provide an accurate Zilliqa price and charts. 

Where to buy Zilliqa?

The easiest way to buy Zilliqa is to purchase it through a crypto app like YouHodler. Our universal cryptocurrency exchange service lets you convert any crypto, fiat, or stablecoin with competitive fees.

How to earn interest in Zilliqa?

The best way to earn interest on Zilliqa is by depositing it in a YouHodler savings account. Interest payments occur weekly and YouHodler features compounding interest. 

How to Trade Zilliqa?

Leverage market volatility to stack your crypto portfolio and trade Zilliqa with Multi HODL. Multi HODL is a user-friendly tool to take advantage of market swings in either direction. Become an “active HODLer” today.

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