What is Zilliqa (ZIL)? – Zebpay Blog


What is Zilliqa (ZIL)?

By — Nirmal Ranga

Zilliqa is a blockchain-based payment processing and decentralized application (dapp) platform that is introduced to eliminate the major issue of scalability and is presently in its advanced development stage.

Zilliqa is introduced to be a next-gen high throughput blockchain platform. They believe to achieve it on the basis of sharding.

How does it work?

Moving data off-chain or increasing the block size are few popular ways to partially fix the whole problem of scalability. However, Zilliqa comes with an inventive tactics that involves using state-of-the-art consensus protocol ensuring consensus speed and network size be interrelated in a beneficial way. The above protocol ensures that the network output is grown in proportion with every 600 new nodes joining in.

You can read the complete article here.

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