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Zilliqa [ZIL] gets listed on South Korean based exchange platform, CoinOne

Ipsita Das



Zilliqa [ZIL] gets listed on South Korean based exchange platform, CoinOne
Source: Pixabay

According to recent news, Korea’s third-largest Bitcoin exchange, CoinOne has listed Zilliqa, a blockchain platform designed around the concept of sharding. CoinOne offers ZIL to the community members for trade on June 28th.

At the time of writing, ZIL was showing a positive movement as it was up by 5.79% according to CoinMarketCap. The market cap of the coin is $505 million which ranks it in the 25th according to the charts.

ZIL's 1 day chart | Coinmarketcap

ZIL’s 1-day trading chart | Coinmarketcap

ZIL is presently trading at $o.o68 which is minutely up from yesterday’s level of $0.063. It is all set for the release of the next version of the testnet. This testnet will include a smart contract language, Scilla which will focus on “bringing a new level of security” to the dApps in the Zilliqa blockchain. Scilla will make the applications running on Zilliqa less prone to attacks.

In a blog post, Zilliqa said:

 “As a result, it is extremely important to ensure that a smart contract deployed on a blockchain is bug-free and safe. Safety of smart contracts is particularly critical because they are run in a Byzantine environment, where, every party involved with a contract can potentially be malicious.”

They recently announced an initiative which will encourage development and help in the building of new apps in the ecosystem. A team of developers or an individual developer can apply for the Zilliqa Ecosystem Grant. A pool of $5 million will be given to the teams that will enable them to start building tools for the Zilliqa platform.

Spokkz and Bolt are some of the new dApps released by Zilliqa Foundation. Bolt aims to be an open entertainment network and Spokkz is an initiative by online streaming service Spuul. Zilliqa has been listed in other platforms such as CoinEx, Zebpay, and Unocoin.

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Ipsita Das is a full time writer in AMBCrypto. She is a Journalism, English and Psychology major from Garden City University. Her passion, and enthusiasm for blockchain technology and cryptocurrencies has led her to be a part of AMBCrypto. She currently does not hold any value in cryptocurrency or its projects.