Zilliqa (ZIL) is a cryptocurrency launched in 2017. Users are able to generate ZIL through the process of mining. Zilliqa has a current supply of 20,402,429,605.38550334 with 19,719,474,179.675503 in circulation. The last known price of Zilliqa is 0.01130098 USD and is up 1.52 over the last 24 hours. It is currently trading on 372 active market(s) with $14,390,727.07 traded over the last 24 hours. More information can be found at https://www.zilliqa.com/.
Pair | Last Price | 24h CHG | 24h High | 24h Low | 24h Volume | Market Cap | Action |
---|---|---|---|---|---|---|---|
Keep up with what's happening in the crypto world in real-time.
While altcoins record significant declines, the Zilliqa team has supercharged its community with a key announcement. The blockchain braces for a tokenomics overhaul as it ushers in Zilliqa 2.0 this week. The upgraded model will enrich the blockchain's infrastructure with lucrative Annual Percentage Rates for ZIL stakers and reduced inflation.
The Zilliqa team announced service resumptions on January 16 after disruptions that affected synchronizations, preventing transactions from “reaching the blockchain for processing.” Meanwhile, the team guaranteed user funds safety during the downtime, urging them to use the on-chain navigator ViewBlock.io to verify balances.
TL;DR Monthly Halving of Mining Rewards: Starting October 2024, Zilliqa will reduce mining rewards by 50% each month, aiming to align miner incentives with the upcoming Proof-of-Stake (PoS) transition. Community-Driven Decision: The halving mechanism was approved by a decentralized governance vote, with 97% of gZIL holders supporting the change, reflecting strong community commitment.