Zilliqa Price Prediction 2018, ZIL Forecast and Price Charts – When to buy ZIL? What is the ZIL price today? ZIL Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS ZILLIQA (ZIL)?
Zilliqa is a new and innovative blockchain startup from Singapore that aims to solve the single biggest problem of existing blockchains, throughput. It is a public and incredibly scalable blockchain platform that can easily scale up to thousands of transactions per second. It makes use of some advanced technologies to achieve this kind of scalability and throughput.
ZILLIQA (ZIL): HISTORY
The founders of Zilliqa project, Researchers from the National University of Singapore (NUS) started its development in June of 2017 with the whitepaper release happening in August of 2017. The initial test took place on testnet and was published in September. The design guidelines were released in December last year. The first public release of the Zilliqa main net is planned for Q2 2018 with the release of dApps set for Q3 2018.
HOW DOES ZILLIQA (ZIL) WORK?
Zilliqa makes use of some revolutionary technologies to achieve the targeted throughput of 4000 tx/s similar to what Visa and Mastercard have now. It is linearly scalable and implements a technique known as sharding that divides each node into parallel chains and then performing the transaction along with other similar shards to create a microblock. These are then combined and added to the main blockchain. In an internal test, it achieved a record 2488 tx/s of throughput. Other technologies in use are a Proof-of-Work consensus system and practical Byzantine Fault Tolerant protocol to give the chain a finality.
HOW TO BUY ZILLIQA (ZIL)?
It is quite an extensive process to get your hands on some Zilliqa coins. The first thing to do is use the popular Ethereum wallet MyEtherwallet and create a wallet. Keep your password and wallet address safe. Then buy some Ethereum from any exchange of your choice and then go to Gate.io and then deposit the Ethereum to your Gate.io account and then exchange it for Zilliqa.
ZILLIQA (ZIL) PRICE PREDICTION 2018
Zilliqa is quite a revolution in the blockchain industry with its incredible throughput. The price as of 20-2-2018 is 0.06655 USD. If you invest like a 100$ to buy Zilliqa then you will be getting around 1502.6 ZIL coins. We are expecting a long-term price increase based on our forecasts. Our five-year predictions put it at around 2$. The price today is 0.06748 USD. It has a market cap of $433,313,771 and there is a coin supply of 6,511,228,178 ZIL coins out there. The volume trades is at $9,905,300. Zilliqa price prediction, ZIL price forecast, ZIL price and news, Zilliqa price forecast, ZIL price prediction 2018, What is the price of Zilliqa 2018.