What does Zilliqa coin do?

Much like other blockchains, Zilliqa’s native ZIL coin is used to fund and secure its own ecosystem . In addition to incentivizing miners with block rewards and transaction fees paid in ZIL with a Proof-of-Work model, it can also function as a cryptocurrency.

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Who uses Zilliqa?

The sharded structure of Zilliqa makes it an ideal blockchain for processing more complex computational tasks such as data mining and financial modeling . Zilliqa can also be used for training neural networks, machine learning (ML) applications, and data-based academic research.

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What does Zil crypto do?

Zilliqa or as commonly referred to as ZIL is nothing but a public, permissionless blockchain that is known to have been designed in order to offer a high throughput along with the ability to complete nearly thousands of transactions per second (TPS) .

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