Question 1

What is Zilliqa (ZIL)?

Accepted Answer

Zilliqa is a blockchain platform that introduced sharding to enhance scalability, allowing it to process thousands of transactions per second. This innovation addresses a critical bottleneck in blockchain technology, enabling greater throughput as more nodes join the network. Launched in 2017, Zilliqa's development focused on creating a scalable and secure blockchain solution. Its mainnet went live at the end of January 2019, marking a significant milestone in its journey towards addressing blockchain scalability issues​​​​​​.

Question 2

What is Zilliqa (ZIL) used for?

Accepted Answer

Zilliqa's blockchain is designed to support high-throughput applications, making it an ideal platform for decentralized applications (dApps) that require rapid transaction processing. It uses sharding to divide the mining network into smaller groups, or shards, each capable of processing transactions in parallel. This mechanism enables Zilliqa to scale efficiently as the network grows. The platform also introduces Scilla, a new programming language aimed at enhancing security and facilitating formal verification of smart contracts. This focus on security and scalability makes Zilliqa a suitable choice for developers looking to build dApps in sectors such as finance, digital advertising, and gaming​​.

Question 3

Who created Zilliqa (ZIL)?

Accepted Answer

Zilliqa was developed by a team of academics and engineers, including Xinshu Dong as the CEO. The project was born out of research conducted at the National University of Singapore, aiming to tackle the scalability limitations of existing blockchain technologies. Max Kantelia and Juzar Motiwalla are also recognized as co-founders, contributing to the platform's foundational development. The team's combined expertise in computing, cybersecurity, and blockchain technology has been instrumental in Zilliqa's design and its focus on scalability and security​​.

**The discrepancy in the start dates**: 2017 for its conceptual launch and 2019 for its mainnet launch—relates to the project's developmental milestones. Zilliqa's mainnet launch in January 2019 was a significant event, transitioning from the ERC-20 ZIL tokens on the Ethereum blockchain to native ZIL tokens on its own blockchain. This move was a critical step in Zilliqa's evolution, marking the beginning of its operational phase and the ability to support dApps and smart contracts on its platform​​.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	ZIL-USDT ZILUSDT	binance	AA	0.003064USDT	1,73%	263 883 451,90ZIL	11 136	0.003012USDT	0.003098USDT
2	ZIL-TRY ZILTRY	binance	AA	0.1482TRY	1,37%	92 406 250,20ZIL	2 610	0.1462TRY	0.1580TRY
3	ZIL-USDT ZIL-USDT	okex	A	0.003071USDT	2,20%	47 287 437,87ZIL	1 072	0.003005USDT	0.003106USDT
4	ZIL-USDT ZIL_USDT	whitebit	BB	0.003076USDT	1,99%	45 382 155,62ZIL	17 819	0.003016USDT	0.003108USDT
5	ZIL-USDT ZILUSDT_SPBL	bitget	BB	0.003066USDT	1,66%	14 590 552,03ZIL	1 199	0.003016USDT	0.003097USDT
6	ZIL-USDT ZIL_USDT	gateio	A	0.003060USDT	2,00%	7 932 662,98ZIL	743	0.003000USDT	0.003097USDT
7	ZIL-USDT ZIL-USDT	kucoin	BB	0.003193USDT	-0,41%	6 127 736,00ZIL	524	0.003206USDT	0.003249USDT
8	ZIL-USDT ZILUSDT	bybit	A	0.003265USDT	2,71%	4 167 440,50ZIL	225	0.003179USDT	0.003297USDT
9	ZIL-USD ZIL_USD	cryptodotcom	AA	0.003064USD	1,06%	4 022 560,00ZIL	228	0.003032USD	0.003440USD
10	ZIL-IDR ZILIDR	binance	AA	54,00IDR	1,69%	1 042 238,00ZIL	47	53,10IDR	54,90IDR
11	ZIL-USDC ZIL-USDC	okex	A	0.003062USDC	2,20%	735 453,86ZIL	115	0.002996USDC	0.003100USDC
12	ZIL-EUR ZIL-EUR	okex	A	0.002607EUR	1,84%	349 450,61ZIL	9	0.002560EUR	0.002607EUR
13	ZIL-USD ZIL-USD	okex	A	0.003069USD	2,27%	197 815,77ZIL	8	0.003001USD	0.003069USD
14	ZIL-ETH ZIL-ETH	kucoin	BB	0.0₅1235ETH	-4,78%	155 857,30ZIL	151	0.0₅1297ETH	0.0₅1297ETH
15	ZIL-TRY ZIL-TRY	okex	A	0.1487TRY	2,84%	134 679,23ZIL	15	0.1446TRY	0.1501TRY
16	ZIL-USDC ZIL-USDC	kucoin	BB	0.003200USDC	2,24%	57 734,90ZIL	23	0.003130USDC	0.003200USDC
17	ZIL-USDT ZILUSDT	cexio	BB	0.003059USDT	2,60%	19 026,80ZIL	5	0.002982USDT	0.003059USDT
18	ZIL-USDC ZILUSDC	cexio	BB	0.003046USDC	5,23%	8 426,90ZIL	1	0.002895USDC	0.003046USDC
19	ZIL-EUR ZILEUR	cexio	BB	0.002626EUR	4,98%	8 426,90ZIL	1	0.002502EUR	0.002626EUR
20	ZIL-USD ZILUSD	cexio	BB	0.002952USD	3,53%	7 536,06ZIL	3	0.002852USD	0.002953USD
21	ZIL-KRW KRW-ZIL	upbit	B	3,86KRW	-0,26%	557 954 685,64ZIL	4 664	3,87KRW	3,99KRW
22	ZIL-USDT zil_usdt	xtpub	-	0.003060USDT	1,66%	311 135 135,70ZIL	5 388	0.003010USDT	0.003100USDT
23	ZIL-USDT ZIL_USDT	coinw	-	0.003062USDT	1,69%	80 210 357,87ZIL	3 322	0.003011USDT	0.003096USDT
24	ZIL-USDT zil_usdt	lbank	C	0.003064USDT	1,79%	74 454 929,20ZIL	3 828	0.003010USDT	0.003098USDT
25	ZIL-KRW ZIL_KRW	bithumbkorea	-	3,64KRW	-1,38%	69 986 026,11ZIL	1 707	3,69KRW	3,76KRW
26	ZIL-USDT ZIL_USDT	bydfi	-	0.003070USDT	1,99%	56 169 708,00ZIL	2 337	0.003010USDT	0.003100USDT
27	ZIL-USDT zilusdt	huobipro	C	0.002790USDT	-0,89%	29 378 660,21ZIL	1 418	0.002815USDT	0.002843USDT
28	ZIL-EUR ZIL-EUR	bitvavo	B	0.002658EUR	1,69%	24 069 241,71ZIL	205	0.002614EUR	0.002691EUR
29	ZIL-USDT zil_usdt	digifinex	D	0.003061USDT	1,53%	22 697 381,30ZIL	3 802	0.003015USDT	0.003097USDT
30	ZIL-USDT ZILUSDT	mexc	C	0.003149USDT	-0,54%	19 109 269,23ZIL	3 148	0.003166USDT	0.003300USDT
31	ZIL-USDT ZIL-USDT	bingx	D	0.003063USDT	1,63%	14 969 027,28ZIL	5 897	0.003014USDT	0.003093USDT
32	ZIL-THB THB_ZIL	bitkub	C	0.09720THB	1,25%	6 845 973,31ZIL	212	0.09600THB	0.09990THB
33	ZIL-USDT ZILUSDT	coinex	C	0.003054USDT	1,73%	1 677 337,57ZIL	8 449	0.003002USDT	0.003067USDT
34	ZIL-USDT ZILUSDT	bitrue	D	0.003065USDT	1,66%	1 421 778,30ZIL	1 823	0.003015USDT	0.003096USDT
35	ZIL-KRW ZIL_KRW	coinone	C	4,20KRW	4,40%	757 680,99ZIL	5	4,03KRW	4,20KRW
36	ZIL-USDT ZILUSDT	binanceusa	B	0.003671USDT	-16,11%	447 568,60ZIL	93	0.004376USDT	0.004376USDT
37	ZIL-IDR zilidr	indodax	E	54,00IDR	3,85%	407 910,58ZIL	115	52,00IDR	54,00IDR
38	ZIL-INR ZILINR	coindcx	-	0.3026INR	0,87%	238 801,40ZIL	40	0.3000INR	0.3100INR
39	ZIL-INR ZILINR	bitbns	-	0.07000INR	0,00%	0ZIL	0	0.07000INR	0.07000INR
40	ZIL-KRW zil_krw	korbit	C	4,17KRW	1,41%	24 238,68ZIL	4	4,12KRW	4,17KRW
41	ZIL-ETH ZILETH	bitrue	D	0.0₇2999ETH	0,00%	0ZIL	0	0.0₇2999ETH	0.0₇2999ETH
42	ZIL-USD ZILUSD	binanceusa	B	0.003800USD	3,26%	7 324,50ZIL	7	0.003680USD	0.003800USD
43	ZIL-INR ZIL_INR	unocoin	-	0.2800INR	0,00%	0ZIL	0	0.2800INR	0.2800INR
44	ZIL-BTC BTC-ZIL	upbit	B	0.0₇2999BTC	0,00%	5 196,07ZIL	2	0.0₇2999BTC	0.0₇2999BTC
45	ZIL-KRW ZIL-KRW	gopax	D	3,33KRW	0,00%	0ZIL	0	3,33KRW	3,33KRW
46	ZIL-BTC zil_btc	yobit	-	0.0₆1000BTC	0,00%	0ZIL	0	0.0₆1000BTC	0.0₆1000BTC
47	ZIL-USD zil_usd	yobit	-	0.008410USD	0,00%	0ZIL	0	0.008410USD	0.008410USD
48	ZIL-USDT ZILUSDT	bitbns	-	0.005000USDT	0,00%	0ZIL	0	0.005000USDT	0.005000USDT
49	ZIL-ETH zil_eth	yobit	-	0.0₅3600ETH	0,00%	0ZIL	0	0.0₅3600ETH	0.0₅3600ETH
50	ZIL-USDT ZILUSDT	latoken	D	0.002211USDT	-21,14%	30,00ZIL	1	0.002804USDT	0.002804USDT