The Zilliqa (ZIL) token is currently now available on South Korea’s third-largest exchange, Coinone. The exchange made the announcement on the 27th of June of the listing via twitter. The availability of the token on the platform begun on the 28th as many crypto-enthusiasts have been waiting on the release of the second version of the Testnet that will showcase the revolutionary Scilla Programming language.
Scilla has been able to build upon the groundbreaking concept of Smart contracts found in Ethereum as well as to actually show a workable platform for sharding to take place on the Zilliqa Testnet. This will enable any decentralized applications that will be built on Zilliqa to be secure, scalable and be suited for a new class of blockchain applications such as payments, finance, gaming, digital advertising, media and more. These industries will surely benefit from the high throughput already evident on the platform.
The second version of the Testnet has been in development for quite some time now and the team has released it today, June 30th. The new name of the second version of the Testnet is D24 which is a popular durian variety of fruit prized for its creamy texture and bittersweet taste. The team had asked its twitter followers to try and guess what durian fruit it will be named after. This is based on the fact that the first Testnet had the code name of Red Prawn: also a durian variety of fruit.
…A quarter has gone by and we are excited to be sharing with you on #Zilliqa Testnet v2.0 soon (Yes it's going to named after a durian variety this time too. Take a guess which one it will be) https://t.co/jmpqrYxFFn
— Zilliqa (No, not giving away ETH) (@zilliqa) June 29, 2018
The team is also developing initiatives that will allow applications to be easily built on the platform as well as to migrate to it. The Zilliqa Ecosystem Grant Program was announced earlier this month and will be a pool of $5 Million that will be given to great projects, teams, and individuals to start building tools and applications for the Zilliqa platform. The objective of this is to support and encourage great individuals and teams around the world to start developing tools, libraries, and Dapps for the platform.
Things are really looking good for the Zilliqa project as we enter in the third quarter of 2018. Current market analysis indicates that ZIL is currently up almost 15% at the moment of writing this. The token is currently valued at $0.07 after Bitcoin (BTC) made an impressive rally today, June 30th, and as a result, pulling up the entire market with it.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
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