Zilliqa Explained

Zilliqa is a blockchain platform designed to scale securely in an open, permission-less distributed network. It aims to provide high throughput, low-latency, and secure transactions for decentralized applications (dApps) and smart contracts. Zilliqa uses a hybrid consensus mechanism known as Practical Byzantine Fault Tolerance (PBFT) and sharding to achieve its scalability goals. Zilliqa’s appeal lies in its scalability solution through sharding, which allows the network to process more transactions as it grows, potentially offering a high throughput of thousands of transactions per second (TPS). This scalability can benefit dApp developers by providing a platform capable of handling their applications’ demands. Zilliqa also emphasizes security and decentralization, essential factors in the blockchain space.

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