Zilliqa
What is Zilliqa?
Zilliqa is a high-performance blockchain platform that focuses on scalability and security. Launched in 2019, Zilliqa utilizes sharding technology to process a high throughput of transactions, making it suitable for decentralized applications (DApps) and enterprise use cases that require fast and efficient blockchain solutions.
Key Features:
- Sharded Architecture for Scalability
- Secure-by-Design Approach
- Smart Contracts and DApp Development
- Consensus Mechanism: Practical Byzantine Fault Tolerance (PBFT)
- Tokenization and Cross-Chain Interoperability
Use Cases:
Zilliqa is used for building scalable and high-performance DApps, conducting secure and fast transactions, creating tokenized assets, exploring decentralized finance (DeFi) applications, and addressing various enterprise-level blockchain use cases.