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	0.002097USDT	-1.96%	364,430,932.10ZIL	11,819	0.002139USDT	0.002154USDT
2	ZIL-TRY ZILTRY	binance	AA	0.1040TRY	-1.52%	60,656,818.60ZIL	964	0.1056TRY	0.1068TRY
3	ZIL-USDT ZIL-USDT	okex	A	0.002213USDT	1.24%	47,547,968.11ZIL	3,231	0.002186USDT	0.002217USDT
4	ZIL-USDT ZIL-USDT	kucoin	BB	0.002099USDT	-1.87%	31,950,923.00ZIL	1,218	0.002139USDT	0.002154USDT
5	ZIL-USDT ZIL_USDT	gateio	A	0.002098USDT	-1.96%	30,867,699.45ZIL	2,686	0.002140USDT	0.002158USDT
6	ZIL-USDT ZILUSDT_SPBL	bitget	BB	0.002101USDT	-1.64%	12,367,530.14ZIL	1,088	0.002136USDT	0.002155USDT
7	ZIL-USDT ZILUSDT	cexio	BB	0.002077USDT	-7.89%	6,583,523.80ZIL	17	0.002256USDT	0.002256USDT
8	ZIL-USD ZILUSD	cexio	BB	0.002089USD	-8.51%	6,369,547.83ZIL	10	0.002283USD	0.002283USD
9	ZIL-USDT ZILUSDT	bybit	A	0.002533USDT	-5.49%	4,505,480.30ZIL	220	0.002680USDT	0.002680USDT
10	ZIL-IDR ZILIDR	binance	AA	38.10IDR	-1.04%	1,922,774.00ZIL	65	38.50IDR	38.70IDR
11	ZIL-USD ZIL_USD	cryptodotcom	AA	0.002430USD	-2.53%	1,406,690.00ZIL	109	0.002493USD	0.002493USD
12	ZIL-USDC ZIL-USDC	kucoin	BB	0.002090USDC	-2.79%	728,792.66ZIL	103	0.002150USDC	0.002150USDC
13	ZIL-USDC ZIL-USDC	okex	A	0.002182USDC	-0.09%	673,844.96ZIL	43	0.002184USDC	0.002184USDC
14	ZIL-ETH ZIL-ETH	kucoin	BB	0.0₆8760ETH	-0.34%	481,097.07ZIL	216	0.0₆8790ETH	0.0₆8890ETH
15	ZIL-USDT ZIL_USDT	whitebit	BB	0.002180USDT	0.00%	0ZIL	0	0.002180USDT	0.002180USDT
16	ZIL-TRY ZIL-TRY	okex	A	0.1060TRY	-2.48%	50,737.39ZIL	3	0.1087TRY	0.1087TRY
17	ZIL-EUR ZIL-EUR	okex	A	0.001944EUR	-4.57%	32,684.21ZIL	3	0.002037EUR	0.002037EUR
18	ZIL-EUR ZILEUR	cexio	BB	0.001863EUR	-4.60%	20,828.90ZIL	2	0.001953EUR	0.001953EUR
19	ZIL-USDC ZILUSDC	cexio	BB	0.002100USDC	-4.77%	14,109.90ZIL	2	0.002205USDC	0.002205USDC
20	ZIL-KRW KRW-ZIL	upbit	B	2.88KRW	-0.69%	414,477,288.00ZIL	2,184	2.90KRW	3.05KRW
21	ZIL-USDT zil_usdt	xtpub	-	0.002100USDT	-1.87%	218,394,617.50ZIL	2,404	0.002140USDT	0.002150USDT
22	ZIL-USDT zilusdt	huobipro	C	0.002098USDT	-2.19%	111,217,097.31ZIL	3,979	0.002145USDT	0.002166USDT
23	ZIL-KRW ZIL_KRW	bithumbkorea	-	3.02KRW	-1.76%	103,441,270.84ZIL	2,863	3.08KRW	3.32KRW
24	ZIL-USDT zil_usdt	lbank	C	0.002098USDT	-1.92%	92,994,544.30ZIL	3,267	0.002139USDT	0.002152USDT
25	ZIL-USDT ZIL_USDT	coinw	-	0.002100USDT	-1.91%	79,691,296.76ZIL	3,032	0.002141USDT	0.002152USDT
26	ZIL-USDT ZIL_USDT	bydfi	-	0.002220USDT	1.37%	75,487,214.10ZIL	2,060	0.002190USDT	0.002220USDT
27	ZIL-USDT ZILUSDT	mexc	C	0.002094USDT	-1.97%	47,974,021.26ZIL	5,836	0.002136USDT	0.002157USDT
28	ZIL-USDT zil_usdt	digifinex	D	0.002100USDT	-1.78%	31,422,776.00ZIL	3,240	0.002138USDT	0.002153USDT
29	ZIL-USDT ZIL-USDT	bingx	D	0.002098USDT	-1.96%	20,836,243.44ZIL	5,654	0.002140USDT	0.002153USDT
30	ZIL-THB THB_ZIL	bitkub	C	0.07080THB	-2.55%	17,424,648.86ZIL	281	0.07265THB	0.07265THB
31	ZIL-EUR ZIL-EUR	bitvavo	B	0.001861EUR	-1.65%	12,868,248.11ZIL	129	0.001893EUR	0.001906EUR
32	ZIL-USDT ZILUSDT	bitrue	D	0.002098USDT	-1.92%	1,726,798.20ZIL	1,500	0.002139USDT	0.002152USDT
33	ZIL-INR ZILINR	coindcx	-	0.2100INR	-3.71%	494,474.36ZIL	58	0.2181INR	0.2192INR
34	ZIL-USDT ZILUSDT	binanceusa	B	0.002986USDT	-28.89%	160,146.90ZIL	58	0.004199USDT	0.004199USDT
35	ZIL-KRW zil_krw	korbit	C	2.65KRW	-4.71%	124,499.29ZIL	4	2.78KRW	2.80KRW
36	ZIL-IDR zilidr	indodax	E	44.00IDR	-6.38%	91,172.93ZIL	17	47.00IDR	47.00IDR
37	ZIL-KRW ZIL_KRW	coinone	C	2.76KRW	-7.78%	18,732.14ZIL	1	2.99KRW	2.99KRW
38	ZIL-BTC BTC-ZIL	upbit	B	0.0₇2000BTC	0.00%	0ZIL	0	0.0₇2000BTC	0.0₇2000BTC
39	ZIL-USD ZILUSD	binanceusa	B	0.003000USD	-0.03%	826.50ZIL	1	0.003001USD	0.003001USD
40	ZIL-USDT ZILUSDT	latoken	D	0.002203USDT	0.00%	0ZIL	0	0.002203USDT	0.002203USDT
41	ZIL-KRW ZIL-KRW	gopax	D	1.51KRW	0.00%	0ZIL	0	1.51KRW	1.51KRW
42	ZIL-BTC zil_btc	yobit	-	0.0₆1000BTC	0.00%	0ZIL	0	0.0₆1000BTC	0.0₆1000BTC
43	ZIL-INR ZILINR	bitbns	-	0.07000INR	0.00%	0ZIL	0	0.07000INR	0.07000INR
44	ZIL-USDT ZILUSDT	bitbns	-	0.005000USDT	0.00%	0ZIL	0	0.005000USDT	0.005000USDT
45	ZIL-ETH zil_eth	yobit	-	0.0₅3600ETH	0.00%	0ZIL	0	0.0₅3600ETH	0.0₅3600ETH
46	ZIL-USD zil_usd	yobit	-	0.01000USD	0.00%	0ZIL	0	0.01000USD	0.01000USD
47	ZIL-INR ZIL_INR	unocoin	-	0.4500INR	0.00%	1.33ZIL	1	0.4500INR	0.4500INR
48	ZIL-WAVES zil_waves	yobit	-	0.03171WAVES	0.00%	0ZIL	0	0.03171WAVES	0.03171WAVES
49	ZIL-DOGE zil_doge	yobit	-	0.1092DOGE	0.00%	0ZIL	0	0.1092DOGE	0.1092DOGE