What is Zilliqa?

Zilliqa is a young decentralized cryptocurrency which was created to increase the speed of transactions in the blockchain. It has several common characteristics and properties with another popular crypto coin Ethereum. Many experts think that this project is very promising. The peculiarity of the platform is in its high throughput capacity.

The project gives users the opportunity to use smart contacts and develop applications based on them. The platform is based on the sharding method (sharding - an architecture that allows you to break big data into fragments by attributes and algorithms, which provides increased speed to the desired data). The specificity of this is the development of the network into smaller fragments. As a result, the system is easier and faster.

Zilliqa cryptocurrency was launched in 2016. Zilliqa's team consists of experienced scientists, engineers, venture capitalists, and financial services leaders. The authors of the crypto project presented to users a detailed plan of the coin development at the end of 2017. It is known that ZIL is developed by a team of 15 programmers. At the head of the development team there is a well-known figure from the world of cryptocurrency Xinshu Dong. He managed to graduate from the National University of Singapore. Dong was also involved in the creation of several Indonesian projects focused on the development of new technologies in the digital security field. The development team of the crypto project also includes Prateek Saxena who is the head of the scientific council.