Zilliqa (ZIL) is one of the popular cryptos which is highly rated within the crypto community with its Sharding technology that enables scalability on a wider scale. The blockchain platform moved to its mainnet this year with an aim to grow into a major player in the smart contract sector.
Its native token ZIL ranks 43rd largest crypto based on market cap and is widely accepted on major exchanges and merchant businesses.
Binance Provides Detailed Review About Zilliqa On Its Platform
On Wednesday 22, 2019 Binance which is the largest crypto exchange applauded Zilliqa as a major blockchain project with an in-depth research report on the coin. Binance made the announcement on its official Twitter page with a link to the report on its website.
The news was received with positive reactions from the crypto community with several comments about the bright future ahead for the coin.
Binance had announced last month that the exchange would be burning the old ER20 Zil token for the new native ZIL token within the confines of a token swap.
Binance did a good job with the in-depth research about the coin highlighting the technical, scientifical and application processes behind the coin. It is no surprise that Zilliqa gets the plaudit for its blockchain application.
Zilliqa (ZIL) Is Considered As One Of The Top Research-Driven Blockchain Platform
Zilliqa (ZIL) is one of the few blockchains that has made immense progress in simplifying its technology for developers. The Zilliqa team proposed a novel smart language named Scilla which would allow easier scaling of DApps.
With Scilla, it would be easier to scale different aspects of smart contracts including automated auctions, financial modelling and other protocols while ensuring adequate security for transactions within its network.
Zilliqa is also seen as one of the attractive blockchains for investing in the long-term which was highlighted in the recent Consensus 2019 meet where Investors were impressed with the number of solutions presented by developers on its blockchain.
It remains to be seen how the coin would perform after the full token swap bit Zilliqa has shown that it one of the cryptocurrencies that are here for the long-run.
