Zilliqa is a blockchain project and a cryptocurrency that was developed with the aim of providing scalable and efficient solutions for real-life problems. The Zilliqa blockchain started its testnet form in September 2017, and its mainnet was launched in January 2019. Zilliqa utilizes the Proof-of-Work algorithm only for the verification of its miners to prevent various attacks. However, actual mining is not used continuously nor excessively. Zilliqa’s token rewards are based on miners’ contributions to signature validation to offer equitably distributed rewards in comparison with the current often seen model that provides only one miner with a bonus.
Zilliqa’s market cap is among the top-40 biggest on the market. Zilliqa coin (Zil) is often described as a promising project due to its experienced team and well-written documentation. Check out the Zilliqa price and market capitalization online at Coin360.com