+19.17% growth: How to Buy Zilliqa (ZIL) – A Step by Step Guide
CryptoBuyingTipshttps://cryptobuyingtips.com/guides/how-to-buy-zilliqa-zil
What is ZIL?
Introduced in 2017, Zilliqa (ZIL) is centered around the idea of 'Sharding' and was designed to enhance the scalability of cryptocurrency networks such as Ethereum. Sharding is analogous to the concept of 'divide and conquer', where transactions are divided into smaller groups for miners to perform parallel transactional verification. The upshot of this is the ability to reach consensus more quickly, which would increase the number of transactions in a given period. According to the white paper, transactions speed could scale to approximately 1000x that of Ethereum's network. Zilliqa’s high throughput means that developers can focus on fleshing out their ideas rather than worrying about network congestion.
Currently ZIL is being ranked 65 out of the top 100 cryptocurrencies on Coinmarketcap and has recently surged a hefty 19.17% at the time of writing.
ZIL has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy ZIL.