Buy Zilliqa ZIL (€0.0257)

Zilliqa (ZIL) is a public platform that works with smart contracts with a focus on scalability. In many coins with the Proof-of-Work system, the ledger has to be completely driven along with all transactions. The more transactions, the bigger the ledger and the longer the transactions will take.

Zilliqa has its own developed system called the Sharding network for this purpose. The sharding network splits the ledger between different miners, keeping transaction time low. For instance, Zilliqa can complete as many as 2488 transactions per second.

Zilliqa can be bought easy and fast at Anycoin Direct. Want to know how? Read the guide down below.

Step 1: Create an Account

You will need an Anycoin Direct account to buy cryptocurrencies, but you can also sell and swap between coins in over 25 cryptocurrencies.

Step 2: Placing an order

Once you have created and logged into your account, you can start your order at Anycoin Direct. The easiest way to buy crypto is by using the Anycoin Vault. From here you can buy, sell, and trade over 30 different cryptocurrencies. Select the amount of Zilliqa you would like to buy and finish the transaction. Available payment methods at Anycoin Direct are iDeal, Bancontact, Credit card, SEPA, Giropay, SOFORT and VISA.

Step 3: Buy, sell or trade Cryptocurrencies

After the order is finished, you can find your crypto in your Anycoin Vault or personal wallet. Buy, sell, or trade cryptocurrencies easily whenever you want.

With the Vault, you can keep all your tokens safely in one place. In the Vault, you can easily swap ZIL without paying the blockchain network fee. The Vault is an additional feature we offer to our customers. Currently, Zilliqa (ZIL) is available in the Anycoin Vault. You can easily create an Anycoin Vault in your account dashboard. From the Vault overview you can easily buy, sell and swap Zilliqa.

Because of the Sharding system, the transaction speed only gets faster as the blockchain only gets bigger. This means that the speed of transacites only increases.

The idea around Zilliqa came from Prateek Saxena, who is a recognised research professor at the National University of Singapore. Saxena has done work on browsers, Web standards and app stores.

In 2015, Saxena and a few of his students published a paper with how the Sharding network is an improvement on the current Proof-of-Work network. This eventually formed the basis of the system and in 2017 the company Zilliqa was founded. In 2018, the coin was first offered as ERC-20 and in 2019 came the transition to the Zilliqa mainnet.