Market Analysis
Zilliqa may be due for a correction after monstrous gains as ZIL's price is running into some considerable resistance levels on the charts.
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Zilliqa News
Zilliqa is a blockchain platform launched in 2017 by the team of developers from Singapore and the UK. The platform was designed for creating smart contracts and dapps and uses a mixed consensus mechanism: proof of work and Byzantine Fault Tolerance. The main feature of Zilliqa blockchain is high scalability possible due to network sharding: new shard every 600 nodes. The testnet has shown the possibility of almost 2500 transactions per second. Zilliqa is powered with ZIL cryptocurrency, an ERC-20 token, used to pay fees during transactions. ZIL coin was introduced to publicity at the beginning of 2018 and stayed in TOP-50 for more than a year. 40% of coins are distributed for mining. The team launched the mainnet in January 2019 and planned to change ERC-20 tokens to their blockchain.
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German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries.
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Oxford students will be invited to participate in the Zilliqa's $5 million Ecosystem Grant Programme.
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Noorcoin, the first shariah token in the world, catering to 1.6 billion Muslims, is proud to announce a pioneering partnership under a special arrangement with Zilliqa, the next-generation high-throughput blockchain platform.
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