### What is Zilliqa?

Zilliqa is a public, permissionless blockchain designed to offer high throughput with the capability to complete thousands of transactions per second. It employs sharding as a second-layer scaling solution to address blockchain scalability and speed issues.

### How does Zilliqa work?

Zilliqa works by using sharding to divide its network into smaller groups called shards. Each shard can process transactions in parallel, thereby increasing the network's capacity and throughput as it grows. This architecture is supported by a hybrid consensus mechanism combining Proof of Work (PoW) and Practical Byzantine Fault Tolerance (pBFT), or in its updated version, Pipelined Fast-HotStuff.

### What are the potential use cases for Zilliqa?

Zilliqa's scalable and sharded blockchain architecture provides numerous use cases:

1. **Digital Ownership and Authenticity**: Enables secure ownership of digital assets, particularly in luxury and entertainment sectors.
2. **Enterprise and Emerging Tech**: Suitable for complex data processing tasks like machine learning and IoT applications.
3. **Decentralised Applications (dApps)**: Supports high-volume transactions, particularly beneficial for smart contracts and Web3 gaming.
4. **Interoperability and Collaborations**: Facilitates partnerships, such as with EMURGO, to enhance interoperability and economic security.

### What is the history of Zilliqa?

Zilliqa was founded in 2017 by a team from the National University of Singapore, led by Xinshu Dong, to address blockchain scalability issues. Key milestones include:

- **2017**: Establishment of Zilliqa Research and testnet launch.
- **January 2018**: Successful Initial Coin Offering (ICO).
- **January 2019**: Mainnet launch, introducing the practice of sharding.
- **2020**: Launch of a non-custodial staking platform.
- **Zilliqa 2.0**: An upcoming upgrade to drive Web3 adoption.

Zilliqa has continued to innovate by focusing on high-performance dApps and Web3 technologies, establishing itself as a significant player in the cryptocurrency market.

Zilliqa

Ethereum

Cardano

Avalanche

Hedera

Polkadot

Bittensor

Aptos

NEAR Protocol

Cronos

Internet Computer

Kaspa

Ethereum Classic

Mantle

Polygon

ATOM

Sonic (ex-FTM)

Celestia

Arbitrum

Quant

Zilliqa (ZIL)

Similar Coins

ETH

ADA

SUI

AVAX

HBAR

DOT

TAO

APT

NEAR

CRO

ICP

KAS

ETC

MNT

POL

ATOM

S

TIA

ARB

QNT

Resources

Zilliqa (ZIL) Price Index

Zilliqa Price

Trading volume

Market cap

Resources