In just 1 month from May to June, the price of Zilliqa has pumped up by 430%. Zilliqa has been gaining media traction all over the world and they are ranked no.1 altcoin constantly on Lunarcrush. This has attracted the attention of many investors including myself. I thought it would be interesting to check out Zilliqa and I have personally bought a few ZIL for fun. So what is Zilliqa and is this a good investment?

1. Background of Zilliqa

Zilliqa is a Singapore-based project that was born out from a project at the National University of Singapore (NUS). In 2016, Prateek Saxena co-wrote a research paper with Loi Luu exploring the concept of sharding in the blockchain. Saxena then went on to start Anquan Capital while Loi Luu started Kyber Network. Shortly after, Xinshu Dong joined Anquan Capital as head of engineering and they decided to kickstart the project Zilliqa....