Cryptocurrency Q&A
What chain is Zil on?
What chain is Zil on?
CryptoLord
Sun Jun 30 2024
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5 answers
885
Could you please elaborate on the blockchain network that Zil is built upon? As a cryptocurrency enthusiast, I'm curious to understand the technological foundation that Zil leverages to ensure its scalability, security, and overall performance. Is Zil leveraging an existing blockchain platform like Ethereum or Bitcoin, or has it developed its own proprietary blockchain? If it's the latter, what are the key distinguishing features that make Zil's blockchain unique? Your insights would be invaluable in helping me gain a deeper understanding of Zil's underlying technology.
5 answers
Bianca
Tue Jul 02 2024
The Zilliqa blockchain is a highly scalable and secure platform that aims to address the limitations of traditional blockchain networks.
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MysticInfinity
Tue Jul 02 2024
As the native token, ZIL plays a crucial role in enabling transactions, smart contract executions, and various decentralized applications on the Zilliqa network.
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Federico
Tue Jul 02 2024
Holders of ZIL can participate in the governance of the Zilliqa blockchain, voting on proposals and changes to the network's rules and parameters.
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Ilaria
Tue Jul 02 2024
ZIL serves as the fundamental token that fuels the operations and ecosystem of the Zilliqa blockchain.
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CryptoWizard
Tue Jul 02 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services related to ZIL and other cryptocurrencies. These services include spot trading, futures trading, wallet storage, and more.
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