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ZIL
Zilliqa
$0.00000000AUD
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Sell Zilliqa ZIL

ZIL is the cryptocurrency of Zilliqa, a public platform founded by academics from National University of Singapore, their mainnet went live in January 2019. They have already found real world usability of their platform in finance, digital advertising, and gaming. They were the first platform to use sharding to scale its network. Sharding is the process of breaking the individual nodes on the blockchain into multiple parts. These individual shards process simultaneously before being re-merged into the node, which is then added to the blockchain. The benefit of this is each shard is able to process in a millisecond, and there are 10 shards, together they are able to process 10 shards in one millisecond within one node. This is why sharding is the key component of its scalability and how they are able to process 2,500 transactions per second (tps) compared to Bitcoin’s 7 tps. Zilliqa uses Proof-of-Work like Bitcoin does for new entrants on the blockchain, as a security measure. As this method is highly secure but less efficient, the rest of the transactions use the practical Byzantine Fault Tolerant (pBFT) consensus protocol. The ZIL utility token is used as gas to execute smart contracts, to reward miners, and to pay transaction fees on the blockchain.

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Frequently Asked Questions (FAQs)

The Zilliqa price is $0.02505845 AUD, representing a -6.94% from the day prior.

Yes - you can easily buy and sell Zilliqa (ZIL) on Coinstash. Simply login or sign up, to start buying Zilliqa (ZIL) in minutes.

The best place to buy Zilliqa (ZIL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Zilliqa (ZIL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

The trading volume of Zilliqa (ZIL) is $62.8M AUD in the last 24hrs, representing a -6.94% from the day prior.

Zilliqa (ZIL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

The current market cap of Zilliqa (ZIL) is $480.3M AUD.

Yes - With Coinstash you can convert your Zilliqa (ZIL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

The current circulating supply of Zilliqa (ZIL) is 19.2B.

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Zilliqa (ZIL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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