Review on Zilliqa by Huseyn Akberov

Hi there. Today I will explain you what is Ziliqa and how to use it.

Zilliqa is a blockchain network located in Singapore. Before developing his own blockchain, he initially used the Ethereum blockchain. According to its website, its goal is to promote and transform the digital infrastructure of industries and communities around the world. This is what they plan to achieve by leveraging their "smooth, fast and profitable" blockchain. One of the main features of

Zilliqa is sharding, which is a technology designed to improve the scalability of the blockchain. It also implements the practical Byzantine Fault Tolerance (pBFT) and a programming language called Scilla. Lastly, it has a non-custodial mortgage function and its gZIL governance token.

At the time of writing this Zilliqa price analysis, the ZIL transaction price is $ 0.2 and the 24-hour trading volume is $ 158,358,385. As a result, the price of ZIL has increased by 5.09% in the last 24 hours.

In addition, the current circulating supply of ZIL is ZIL 11.29 billion. Currently, ZIL's top cryptocurrency exchanges are

Binance, Huobi Global, OKEx, FTX, and Upbit.

Now, let's move on to the next part of the technical analysis of ZIL 2021.

Through fragmentation, Zilliqa claims that the transaction performance of its blockchain corresponds to the number of nodes on the network and increases as the number increases. of nodes. For example, the project claims that when 1,800 nodes are running, users will see approximately 1,218 transactions per second, and when the number of nodes doubles, this number will increase to 2,488 transactions per second. It claims to complete more than 2,828 transactions per second on its testnet.

ZIL is currently ranked 66th on CoinGecko. But will the latest updates, developments, and changes to the ZIL blockchain help cryptocurrency prices spike? Let's continue looking at the chart in this ZIL price prediction article. The

ZIL Relative Strength Index (RSI) is targeting the 50 level, which means that the ZIL is at a neutral level. It is neither oversold nor overbought. In this case, traders and investors can trade with confidence without worrying about a major price reversal.

Therefore, traders must trade cryptocurrencies wisely and must not be affected by market hype. Taking all this into account, traders can avoid accidental losses due to violent fluctuations in the cryptocurrency market.

Let's also look at the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) of ZIL.