What is Zilliqa?


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Zilliqa is a high-throughput public blockchain platform that is designed to scale to thousands of transactions per second. The core feature that makes Zilliqa scalable is sharding — dividing the network into several smaller component networks (called shards) capable of processing transactions in parallel. The original implementation of sharding in Zilliqa was based on the concept of state sharding. Ok, let´s make a pause and explain this!!

What is the concept of state sharding?

As defined by Avi Mizrahi and Ori Rottenstreich "State sharding is a common solution to the scalability problem in blockchain systems, allowing nodes to hold a partial view of the system state. With such sharding, the processing of a transaction might not be completed locally within a node and require the involvement of multiple shards"

Explained this, then, you were asking yourself: Which is the native token?

Zilliqa has a native token called ZIL, which is used for paying transaction fees to miners and also as an incentive for developers to run nodes in the network.

 

In further posts we will explain more detail how you can mine zil and where to get API's

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AlvPelirrojo
AlvPelirrojo

I am learning about crypto world


What is my dear Zilliqa?
What is my dear Zilliqa?

My goal is to explain what is this beatiful blockchain named Zilliqa and why i think it has a promising future

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