Zilliqa (ZIL)

Table of Contents

About Zilliqa

Next-generation, high throughput blockchain platform

The Zilliqa was founded in 2017 by a group of National University of Singapore researchers. Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second.

Major Developments

Technical Details

Zilliqa is a blockchain platform with a sharded architecture aiming to solve the scalability issues that other blockchains are currently facing. Taking the advantage of a separated structure, Zilliqa can split its infrastructure into several different blockchains that are connected to each other, leading to faster transaction processing compared to 5โ€“20 TPS of its first generation.

ZIL token, the native token of Zilliqa network, is a ERC-20 based token that has functions as transaction fees, mining reward, or gas for activities that keeps blockchain running.

Tokenomics

An ICO held in January 2018 helped Zilliqa raise a fund of 22 million USD:

  • ICO Price: $0.0038

Resources