Zilliqa: What makes them different?

A smart contract blockchain platform called Zilliqa has been developed. To increase the number of transactions that may be completed at any one moment, Zilliqa employs a technique known as sharding.



Zilliqa also utilizes a hybrid proof-of-work and Practical Byzantine Fault Tolerance consensus process (PoW and pBFT).


The Zilliqa coin, often known as ZIL, is the platform's native cryptocurrency. The cryptocurrency ZIL is used to fund blockchain transactions. These fees are used to compensate the nodes that do the blockchain's calculations.


A group of scholars from Singapore's National University established the initiative in 2017. Later, the team established Zilliqa Research to oversee the development of the technology.



3 Application Areas


Decentralised finance (DeFi) Access financial products and services in an open, transparent financial marketplace.

NFTs and the creator economy Create, discover and collect with the latest NFT marketplaces, and unlock new revenue streams through the creator economy.

Decentralised apps (dApps) Use and explore fast, scalable apps you will love in gaming, finance, community building, and more.


History of improvement

Here is a List of improvements in 2022 alone.

  • Mainnet upgrades: v7.0.2

  • One-stop GUI to launch all the above dev tools

  • Rosetta Integration

  • CryptoScam DB

  • Enhanced version of simulated environment

  • Introduction of ZWAP, governance token for ZilSwap DEX

  • Learn Scilla portal revamp

  • Devex Apollo

  • Governance Portal and forum

  • Mainnet upgrades: v8.0.0, 8.0.1, 8.0.3, 8.0.4

  • Revamped dev portal for documentations.

  • SocialPay

  • HGX Sandbox graduation

  • Zilliqa JS SDK v3.0.0

  • Mainnet upgrades: v8.0.6, 8.0.7, 8.1.0, 8.1.1

  • ZilBridge Launch

  • Zilliqa JS SDK v3.1.0, V3.2.0, v3.3.0, v3.3.1, v3.3.2, v3.3.3

  • gZIL minting concluded

Key Resources & Readings:


Zilliqa

https://www.zilliqa.com

Zilliqa (@zilliqa) · Twitter

https://twitter.com/zilliqa


Zilliqa (ZIL) Price, Charts, and News | Coinbase

https://www.coinbase.com › price › zilliqa


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