Zilliqa
ZIL
Crypto
Decentralised Networks
USD 0.0041-0.02%
Zilliqa
UMushroom community rating:
About
Decentralised Networks
Categoryn/a
Consensus MechanismL1
L1/L2Other
Sub-cateegoryn/a
EcosystemNaN
Year of creation
Description
Zilliqa (ZIL) is a Decentralised Networks crypto coin. Zilliqa`s origin block was generated on n/a. More information can be found at https://www.zilliqa.com/.
Key Technical Advantages:
Sharding: Zilliqa's design employs the concept of sharding, which divides the mining network into smaller shards, each capable of processing transactions in parallel. This allows Zilliqa to scale its transaction rates as the number of miners increases. Innovative Smart Contract Language: Zilliqa introduces a special-purpose smart contract language and execution environment designed to leverage the underlying architecture for large-scale, highly efficient computation. The smart contract language in Zilliqa follows a dataflow programming style, making it suitable for running large-scale computations that can be easily parallelized. Two-Layer Blockchain Structure: Zilliqa features a new two-layer blockchain structure, with a highly optimized consensus algorithm for processing shards. It assumes a standard proof-of-work scheme and aims to improve scalability and efficiency. Schnorr Signature Algorithm: Zilliqa employs the Elliptic Curve-Based Schnorr Signature Algorithm (EC-Schnorr) for digital signatures. EC-Schnorr offers non-malleability, multisignature support, and faster execution compared to other algorithms like ECDSA. Ethash Proof-of-Work: Zilliqa uses the Ethash proof-of-work (PoW) algorithm, similar to Ethereum 1.0. Ethash is a memory-hard hash function designed to make it easy to mine with GPUs but hard with specialized computing hardware such as ASICs. In Zilliqa, PoW is only used to prevent Sybil attacks and generate node identities, rather than for distributed consensus as in other blockchain platforms. Content summarized by AI chatbotSource:
https://docs.zilliqa.com/whitepaper.pdfKey figures
-65.8%1Y
-84.9%3Y
-98.1%5Y
Performance
0/ 01D
0/ 01M
0/ 01Y
Highs/ Lows
13.09.2022
USD 0.24
All Time High
1.73%
% of All Time High
-98.45%All Time
-75.80%1 year
Max drawdown
#281
Ranking by Market Cap
81.63 M
Market cap (USD)
0.00%
% of Market
440.896 B
Category Market Cap (USD)
0.02%
% of Category
20439405459
Circulating Supply
19997450033
Liquid Supply
97.84%
Liquid/ Circulating Supply
21000000000
Max Supply
97.33%
Circulating/ Max Supply
5785416
Volume Traded
7.09%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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