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
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
Enhanced version of simulated environment
Introduction of ZWAP, governance token for ZilSwap DEX
Learn Scilla portal revamp
Governance Portal and forum
Mainnet upgrades: v8.0.0, 8.0.1, 8.0.3, 8.0.4
Revamped dev portal for documentations.
HGX Sandbox graduation
Zilliqa JS SDK v3.0.0
Mainnet upgrades: v8.0.6, 8.0.7, 8.1.0, 8.1.1
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 (@zilliqa) · Twitter
Disclosure. The content on this website is for informational purposes only, and you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this website constitutes a solicitation, recommendation, endorsement, or offer by us or any third party service provider to buy or sell any securities or other financial instruments. We are not a broker or dealer under the Securities Exchange Act of 1934, nor are any transactions proposed or described on this website purported or intended to be conducted through a regulated commodity trading entity under the Commodity Exchange Act of 1936.