About governance ZIL
governance ZIL (GZIL) is a cryptocurrency launched in 2020and operates on the Zilliqa platform. governance ZIL has a current supply of 559,970.09554085 with 0 in circulation. The last known price of governance ZIL is 2.98902902 USD and is up 0.00 over the last 24 hours. It is currently trading on 6 active market(s) with $0.00 traded over the last 24 hours.
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Market Stats
Market Cap
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FDV
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Circ. Supply
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Max Supply
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Total Supply
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Performance
Popularity
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Dominance
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Volume (24H)
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Volume (7D)
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Volume (30D)
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All time high
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Price Change (1Y)
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Additional details
Market details
GZIL vs markets
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GZIL vs BTC
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GZIL vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Zilliqa | zil14pzuzq6v6pmmmrfjhczywguu0e97djepxt8g3e |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $8.66 | 0.00% |
FAQ
As its whitepapersuggests, existing cryptocurrency and smart contractsface scalability issues, which means the number of transactions processing every second is limited. Therefore, the platform presented a blockchain network to scale transaction rates. With the surge in the number of miners in the Zilliqa network, the transaction rate also increased. By utilizing the idea of sharding, the miningnetwork gets divided into small parts capable of processing transactions in parallel.
The blockchain technology of the Zilliqa network centers around aspects of transparency, trust, and efficiency of Web3.0. Web3.0is a platform built to facilitate decentralization, greater user utility, and openness. At present, the Zilliqa network is one of the few blockchain networks that use sharding on the mainnet to deliver high-performance growth for Dappsand enterprises. Further, with the innovative smart contract language, the dataflow programming style makes it easier to run large-scale computations simultaneously.
The platform operates with two tokens which are gZIL and ZIL. gZIL is the network’s governance tokenthat allows users to participate in the ecosystem. Every gZIL token represents one vote which means the more gZIL token user acquire, the more voting power the user accumulates. The users holding gZIL tokens can propose changes in the network through voting, which helps the network sustain gZIL’s value. gZIL was also used as a reward for early adopters and an incentive for long-term token holders. Furthermore, the holders of gZIL can swap it for ZIL or contribute to the liquidity pools to grab rewards.
Meanwhile, ZIL is the native cryptocurrency of the platform that was created to scale decentralized apps, from NFTmarketplaces to financial services. With ZIL, users can pay for services and products, trade-in NFTs, and engage in every Dapp built on the platform’s blockchain.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1869
Contributors
56
Posts
56
% About governance ZIL
0.012%
Articles
0
X (Twitter)
73.33% bullish
Sentiment
4.4 ★
Highlights
56 unique individuals are talking about governance ZIL and it is ranked #1,869 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, governance ZIL has an average sentiment score of 4.4 out of 5. Finally, governance ZIL is becoming less newsworthy, with 0 news articles published about governance ZIL.
On Twitter, people are mostly bullish about governance ZIL. There were 78.57% of tweets with bullish sentiment compared to 7.14% of tweets with a bearish sentiment about governance ZIL. 21.43% of tweets were neutral about governance ZIL. These sentiments are based on 15 tweets.
On Reddit, governance ZIL was mentioned in 298 Reddit posts and there were 427 comments about governance ZIL. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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