For some time, the cryptocurrency market has not seen a project that had such a rapid rise and great acceptance as the Zilliqa project has done, there have been many platforms that have tried to offer improvements and alternatives to blockchain technology current, but very few have been successful. The zilliqa project is a platform created in 2019 by a team of high-quality experts and scientists in the cryptocurrency market that has a focus on creating an ecological system of decentralized applications and smart contracts using its own programming language called scilla which allows great advantages to developers to write efficiently and quickly. The linear scalability of this project is one of its strengths, since its blockchain is capable of handling more than 2,600 transactions per second and is built under a fragmented architecture, which enables safer and highly reliable transactions. Its token is called Zil and with it, transaction fees can be paid on the platform, to develop smart contracts or they can also be obtained through mining, and is currently available in most of the most successful Exchange on the market.
This project has become in a very short time a true synonym of success in the blockchain industry, since having the support of a large community of developers and expert scientists in the area, they have managed to attract the trustworthiness of many investors and users. And in just a couple of months from March to June, it has achieved a growth of more than 850%, positioning itself in the top 100 cryptocurrencies with the largest market capitalization and its upward momentum continues today. A long time ago, an altcoin could not attract the support of users as this great project has had.