Zilliqa’s is the first blockchain platform to implement sharding in its consensus mechanism. First introduced in June 2016, the project is developing a new public blockchain aimed at facilitating broadband applications. Zilliqa is a cryptocurrency that brings a solution to the scalability problems encountered in major known blockchains such as Bitcoin. The Zilliqa cryptocurrency solves this scalability problem by using Sharding, a process which divides the community of miners into small groups capable of processing a large number of transactions at the same time. In the same manner, Zilliqa greatly simplify and enhance the integration and utilization of smart contracts and DApps within its ecosystem.

This data was last updated 2021-04-14 01:40:37 UTC