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Zilliqa Fundamental Analysis
Zilliqa is a blockchain project designed to create smart contracts and dApps. The project’s mission is to create a scalable and functional network under blockchain principles. ZIL is the main utility token of the Zilliqa network based on the Ethereum blockchain. Zilliqa is positioned as a response to the fundamental shortcomings of Bitcoin and popular altcoins. The high speed of processing a large number of transactions is achieved through sharding - the distribution of the blockchain network to separate nodes, each of that node provides its part of the transaction. Zilliqa uses a hybrid consensus search engine: Proof of work and Practical Byzantine Fault Tolerance. PoW and pBFT technologies require proof of hardware operation, which protects the system from attacks.
Zilliqa Live Price Chart
Zilliqa Technical Analysis
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