Network Name: Zilliqa Currency Name: Zil Ticker: ZIL Mining: Proof of Work and Proof of Stake Founders: Amrit Kumar Launch Date: Jan 30, 2018
KEY HIGHLIGHTS
Zilliqa is a new blockchain platform featuring a sharded architecture that is designed to scale in transaction rates and address the scalability limitation seen in some other blockchains.
As the number of miners in Zilliqa increases, its transaction rates are expected to increase
Zilliqa aims to solve this problem through their sharding mechanism
Sharding is the process of dividing a network into smaller, faster, easier to manage parts called shards.
“At Ethereum’s present network size of 30,000 miners, ZILLIQA would expect to process about a thousand times the transaction rates of Ethereum” (Zilliqa White Paper)
MISSION
"Our mission is to turn every token holder into a user."