Cryptocurrency Q&A What category is Zilliqa coin?

What category is Zilliqa coin?

BlockchainLegend BlockchainLegend Sun Nov 03 2024 | 6 answers 1754
I'm trying to understand the nature of Zilliqa coin. Specifically, I want to know what category it falls under. Is it a utility token, a security token, or something else entirely? What category is Zilliqa coin?

6 answers

Alessandra Alessandra Tue Nov 05 2024
Sharding involves breaking down the mining network into smaller, manageable segments known as shards.

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SakuraFestival SakuraFestival Tue Nov 05 2024
Each of these shards operates independently and processes transactions simultaneously.

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GangnamGlitzGlamour GangnamGlitzGlamour Tue Nov 05 2024
Zilliqa represents a novel approach in the world of cryptocurrencies.

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KDramaLegendaryStar KDramaLegendaryStar Tue Nov 05 2024
Its primary objective is to tackle the scalability challenges that plague numerous blockchain networks.

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IncheonBeautyBloomingRadiance IncheonBeautyBloomingRadiance Tue Nov 05 2024
This parallel processing capability significantly enhances the overall throughput of the blockchain.

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