Zilliqa is a digital payment method that utilizes the blockchain technology. These payments are stored on the blockchain and are then distributed and verified by other parties. This allows for a secure and fast process and a reduction in the amount of money that is sent to the wrong party. Users are in control of their funds and can store them for future needs.
According to the folks at Zilliqa, their platform is compatible with many payment methods and will hopefully expand to other payment methods.
Zilliqa is in its early stages, but they have already started to demonstrate their tech in the cryptocurrency world. They have already released one of their own cryptocurrency, called zil, which is based on the zilliqa blockchain. It’s currently trading at around $0.02.
Zilliqa is basically a crypto for money, and they do have the technical chops to actually make money off of the platform. But their philosophy is very different from Zara’s and is a much more business-friendly approach for the consumer. For example, they promise to make Zilliqa the “world’s most usable and secure cryptocurrency.
The biggest problem with Zilliqa is that it’s a blockchain. That means it can only be mined by a network of people and not an individual miner. There are no rules in place and no official community to guide miners. So while Zilliqa looks like a good idea, there are questions as to how it will actually be used.
The team behind Zilliqa has said that they plan to use it “for applications that require a level of trust that isn’t available in a traditional cryptocurrency.” They also said it will be more like bitcoin but without the mining part. Of course, the main question is how many people are going to use it. As of today, Zilliqa is only available for those with a smartphone and the team claims that they are working to make it available on more platforms in the next few months.
The only other cryptocurrency that is still available in Zilliqa is the Ethereum Wallet. Ethereum is a stablecoin, but it will be used to buy and sell Bitcoin. However, the team wants to use Ethereum to pay a bitcoin price. As of today, Zilliqa will be available for all users and will be used for several things including Bitcoin.
Because Zilliqa is only usable on a smartphone, all you need to do to buy Bitcoin is use your phone to enable Zilliqa and then send BTC to your phone.
The team has done a pretty good job of creating a cryptocurrency that is highly scalable, with different currencies. The Zilliqa team is also quite open to suggestions. They have even decided to build a more scalable cryptocurrency in the future.
In spite of the fact that Zilliqa is quite a lot of fun to use, the team has no problem getting everyone into Bitcoin. There are some other things in this book that you could do, but this one is particularly good because it’s an absolutely fantastic resource for getting started.