Zilliqa Coin – Who is behind the crypto currency?

The team behind the Zilliqa Coin development is led by Xinshu Dong. He has worked on cyber security projects in Singapore and holds a doctorate in computer science. Dong has experience in building blockchains, web browsers and software applications. Among the blockchains he has worked on is Anquan, a secure and proprietary scalable blockchain. This is considered the forerunner of Zilliqa and is used for financial and commercial applications.

CMO is Christel Quek, a co-founder of BOLT. She has been involved in several projects within the IT industry. CSA Prateek Saxena holds a chair in Computer Science with a focus on Blockchain and Computer Security at the National University of Singapore. The team currently consists of 11 people.

Advantages and disadvantages of the Bitcoin revolution

The support of the community is particularly impressive. On Telegram, Zilliqa Coin has over 24,000 members. The following on Twitter amounts to 28,000 followers and the own group on Reddit comprises 5,200 members. One should not underestimate the support offered by a strong community. Support is also needed because the project is not yet complete. So far the course has developed quite well.

Zilliqa´s Blockchain offers a real solution for a general problem of blockchains. If the project is successful, it could have far-reaching consequences for the world of crypto currencies. However, there are also other crypto currencies that want to solve scaling problems of Bitcoin, Ethereum and Co. At the same time, Segragated Witness and the Lightning Network already provide technologies that address the problem of scaling. However, they don’t solve the problem completely.

Zilliqa Mining is very simple and does not require any incredibly powerful hardware. It serves as a reward for those who keep the blockchain running. So the ZIL Coin could also be attractive for those who want to build up a passive income through mining.

Zilliqa Coin Price – Development – Forecast for the Bitcoin trader

The crypto currency was launched on the stock markets on 11 February on https://www.onlinebetrug.net/en/bitcoin-trader/. At that time the ZIL coin was worth 0.04 €. In February it fluctuated between 0.04 € and 0.05 €. In March, the Zilliqa Coin price fell below € 0.04 for the first time and hiélt there for the rest of the month. At the beginning of April, the Coin was very bulky, during the course of the month the price continued to rise and reached a value of over 0.09 € at the end of April. This upward trend continued from May onwards, with the crypto currency for the first time exceeding the 0.10 € per ZIL coin.

Zilliqa forecast: Until the Mainnet goes online, it will be difficult to say where the price will go. Up to this point, the price could develop along the general market sentiment and rise as well as fall. Good news regarding the development will probably make investors interested in the project again and thus the price will rise. So far, buying cheap Zilliqa coins is still possible, but after that the crypto currency could become more expensive.