Prominent crypto exchange and one of the biggest names in the crypto ecosystem Binance just announced that they will open trading for a ZIL/USDT trading pair at 2019/02/19 11:00 AM (UTC).

#Binance Adds ZIL/USDT Trading Pairhttps://t.co/QMH9heztSv pic.twitter.com/KRNO3cL1YS

— Binance (@binance) February 19, 2019

Zilliqa (ZIL) is the 34th biggest cryptocurrency by market cap with its current value being $0.0199 which makes its market cap $164,454,777 USD. They have a 24-hour trading volume of over $23 million. Since the announcement of the listing, ZIL has gained 10.71% on USD and 5.39% on BTC.

Their Mainnet was launched on 31st January 2019. Since they launched their mainnet, the network has generated 14400+ transaction blocks and 900+ community nodes have joined. Meanwhile, the shard difficulty has reached 34 (~17 GH/s) and DS difficulty has reached 40 (~ 1100 GH/s).

Zilliqa is a public blockchain platform for high-throughput applications. It brings the theory of sharding to practice with its novel protocol that increases transaction rates as its network expands. The latest experimental results demonstrate a throughput of more than 2,800 transactions per second, which is over 200 times higher than that of today's popular blockchains. In addition to its scalability, they provide a secure and efficient smart contract language called Scilla to enable security-by-design smart contract programming and verification.

The Zilliqa blockchain platform is tailored towards enabling high-throughput data-driven decentralized apps, designed to meet the scaling requirements of applications in areas such as digital marketing, payment, shared economy and rights management. The underlying technology has been first incubated in a research lab at the National University of Singapore, and then developed for commercial trials, before being applied to Zilliqa’s public blockchain platform.

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