RATE Group | Zilliqa (ZIL) rises as Ethereum fails to answer
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Zilliqa (ZIL) rises as Ethereum fails to answer

21 Jul Zilliqa (ZIL) rises as Ethereum fails to answer

Posted at 21:11h in Ethereum News by

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Zilliqa (ZIL) is a blockchain project and cryptocurrency that, despite its young age (it was started only last August) is gathering attention and gaining users. 

The token is based on Ethereum’s ERC-20 technology, but it’s independent of the Ethereum network as it was introduced precisely to address some of the Ethereum environmental problems (scalability and price). 

Besides the crypto-coin, Zilliqa aims to be a blockchain-based operating system in which decentralized apps can be developed in a way similar to Tron and EOS.

Zilliqa smart contracts are written using their proprietary Scilla ( a programming language), and the network also uses sharding technology, which is a protocol that breaks a calculation down into smaller pieces that can be solved parallel in a node’s sub-network so that transactions and block elements can be computed more quickly. If this doesn’t impress you very much then know this: it’s one of the few digital…

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