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The blockchain and its underlying technology, smart contracts, have sparked a resurgence of interest in decentralized applications. Social media, e-commerce, and many other applications are being built on top of blockchain — the decentralized ledger technology that powers digital currencies.
Zilliqa is a new blockchain platform that aims to make smart contract programming faster and safer than existing blockchains. The promise of the new application has the potential to transform organizations, governments, and how people interact with each other.
The following is a piece of information on the Zilliqa blockchain, exchange listing, and how to trade ZIL.
Zilliqa is a new blockchain that utilizes sharding to incentivize a global, distributed network of computers to run their blockchain platform and increase scalability. It is one of the many other competing blockchains like Ethereum or TRON trying to grow ecosystems for decentralized applications (dapps).
Besides, Zilliqa separates its infrastructure into several interconnected blockchains, allowing it to process more transactions. The network also features a new native programming language, Scilla, that focuses on security and will enable developers to write and launch customizable decentralized apps intended to replicate real-world services.
Who created ZIL?
Zilliqa is a blockchain project started by two co-founders, Amrit Kumar and Xinshu Don. The project held an Initial Coin Offering (ICO) of the ZIL token in 2017 and by January 2019, their mainnet went live. It currently has two founding teams and one company that supports them: Zilliqa Research and its growth initiative company, ZILHive.
How do I exchange and trade Zilliqa?
To buy and trade Zilliqa, you will need to register an account on an exchange. You can then use that account to make various transactions as you wish. Your account will act as a gateway to buying crypto, but before buying ZIL, you’ll need to verify your identity via the app, email or mobile number.
To buy ZIL, you first have to choose your buying option. Navigate your chosen platform to find the available funding options — credit/debit card, bank deposit or third-party payment. Then use those coins to buy Zilliqa (ZIL). Once you buy the crypto, you can store it in your wallet, or you can also trade it for other cryptocurrencies.
Exchange ZIL using Rubix
Exchanging your ZIL using Rubix is relatively simple. Below is a step-by-step guide:
- Create a Rubix account by entering your email and a password.
- You have to choose the currency you prefer to convert for. In this case, ZIL, but you can choose any other supported token.
- Finally, select the amount of ZIL that you want to exchange. Confirm the transaction and wait for the trade to complete.
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