What currency is zil (What currency is zll)
What currency is zil? According to the official introduction of zil, zil is a f
What currency is zil? According to the official introduction of zil, zil is a form of currency based on blockchain technology. Its characteristic is the use of zero-knowledge proof algorithm to protect data from network attacks.
Specifically, to create ZIL on the Ethereum network (i.e., convert digital assets through the Bitcoin payment channel), users do not need to hold any encrypted assets. Moreover, transactions and accounting functions can be implemented through smart contracts. Zil also has the characteristic of anonymity, which does not allow anyone to participate in mining or selling. And because there is no centralized server management organization, it cannot be transferred to external addresses or any other platforms. Additionally, it can be purchased directly from third-party wallets with Bitcoin, Litecoin, and other cryptocurrencies. However, it can complete splitting and distribution of all tokens through smart contracts. It can also be used as the foundational token for various decentralized applications (e.g., Bitcoin).
What currency is zll
According to official news, Zero Interest Loan Protocol (Zll) is a digital credit platform created by cryptocurrency investors, blockchain technology enthusiasts, and developers. The project launched its first product, zll-swap (abbreviated as ZZ), in April 2019, aiming to solve many pain points in the current financial system, including high price fluctuations leading to liquidity depletion and slow transaction speeds and high fees. For most people, ZK tokens are intangible assets or virtual commodities without any value support. Therefore, Zlla is a completely decentralized payment system and allows users to freely use various wallets and applications for cross-border remittances and transfers.
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