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home CoinsZIL

Updated 01:56 AM UTC

ZIL Zilliqa

$0.0027

$0.0000415119

(0.25%)

Today

Mkt Cap$53.45M

Vol12.03M

About Zilliqa

Zilliqa (ZIL) is a token developed in the year 2017. Zilliqa is mainly based on the concept of Sharding and primarily aims at improving the scalability of the cryptocurrency networks as in case of Bitcoin or Ethereum. The white paper mentions that the transactions speed would be approximately a thousand times more than that of Ethereum network. Ziliqa is fast, secured and decentralized. Zilliqa’s high throughput means that you can focus on developing your ideas without worrying about network congestion, high transaction fees or security which are the key issues with legacy blockchain platforms. Zilliqa network uses a concept called Sharding where the transactions are grouped into smaller groups and divided among the miners for the parallel transactional verification. Developing smaller groups for transactional verification means the Consensus can be reached faster and hence a higher number of transactions can be processed in a given time frame. The capacity of the network linearly increases in other cryptocurrencies as the number of people joins the network, but in this case, the capacity is increased at a higher variable rate than the number of members joining the network. By incorporating the Sharding Technology, it can completely revolutionize the smart contract functionality too. Ziliqa has few pros as it has a great new technology. Zilliqa is the first platform to use sharding technology. This puts it ahead of the rest of the market. It’s a completely new kind of blockchain designed to solve the problem of scalability. Third-generation platforms like Zilliqa could be the big winners in the future of cryptocurrency. Ziliqa has a strong community. The platform has a lot of fans. The Zilliqa ICO only happened because there was so much demand for it. The Zilliqa ICO also shows that the crypto community is ready to see blockchain technology move to the next phase of its development.

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Ledger Patches Ethereum App Flaw That Could Mislead Signers

Ledger has patched a flaw in its Ethereum app that could let the device show one transaction while quietly signing a different one. The bug struck at the core promise of a hardware wallet: that what you see on the screen is exactly what you approve. Read original article on coinl...

CoinLineup

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BounceBit Retires Layer 1 After Authorization Flaw Moved 286.5M BB Tokens

BounceBit is shutting down its own blockchain after an authorization flaw allowed about 286. 5 million BB tokens to be moved without permission. Read original article on coinlineup.com

CoinLineup

NoOnes Withdrawal-Only Mode After EU Sanctions Hit Partners

Withdrawal-only mode is exactly what it sounds like. You can pull your funds off the platform, but the normal buying, selling, and service features are switched off. Read original article on coinlineup.com

CoinLineup

Zilliqa Says Ledger Signing Bug Exposed 6,772 Accounts, Enabled 683M ZIL Theft

Zilliqa says a bug in how its Ledger hardware wallet app signed transactions exposed at least 6,772 user accounts and enabled the theft of 683 million ZIL. The blockchain project disclosed the details in a post-mortem, describing a flaw tied to how the app handled the secret data...

CoinLineup

Ledger patches Ethereum app signing bug before TestMachine disclosure

⚡️ Ledger fixed a bug in its Ethereum app before TestMachine disclosed it publicly. 🛡️ TestMachine said a flaw let malicious apps switch transaction data during clear signing. 🧩 No known losses from this bug and Ledger recommends immediate updates for all devices. 📦 The issue ...

COINTURK NEWS

Ledger Fixes Ethereum App Signing Bug Before Public Disclosure

TLDR Ledger fixed a bug in its Ethereum app’s clear signing feature before security firm TestMachine went public with it TestMachine says a malicious app could swap transaction data while a user reviewed it on their device screen Ledger’s Chief Technology Officer Charles Guilleme...

Blockonomi

Ledger says Ethereum signing flaw was already fixed

Ledger says it fixed a vulnerability affecting certain Ethereum clear signing flows and urged users to update their firmware and applications.

crypto.news

Term Finance loses estimated $8.5M in vault governance exploit

Yearn said the attack involved a custom Term governance wrapper and did not affect standard Yearn V3 vaults.

Cointelegraph.com News

Do the Coldcard attacks mean all hardware wallets are now insecure?

The Coldcard thefts made Bitcoiners question if any hardware wallet can truly be trusted. Here’s what went wrong, and whether users of other hardware wallets should be worried.

Cointelegraph.com News

Swan Treasury loses $625K after signer key leak enables discounted STY purchases

Blockchain asset management protocol Swan Treasury has suffered an estimated $625,000 loss after attackers exploited a leaked off-chain signer key to buy STY tokens at a steep discount before selling them for profit. According to blockchain security firm Defimon Alerts,…

crypto.news

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