Name : Zilliqa (ZIL)
ZIL Price : $0.00600 -0.21%
Consensus Mechanism : Byzantine Fault Tolerance
Volume: 8,797,422
Market Cap: 118,642,973
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2024
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Overview
Zilliqa is a pioneering layer 1 blockchain that implemented sharding, allowing it to process thousands of transactions per second, with notable improvements in scalability, consensus speed, and interoperability. Its platform, originally introduced in 2017 as ZQ1, utilizes the smart contract language Scilla for parallelization. The evolved ZQ2 protocol features sovereign application-specific shards (x-shards), Rust-based EVM implementation, and a Universal Cross-Chain Broker (UCCB) for cross-chain applications, all aimed at enhancing user and developer experience with low latency, fast finality, and Web2-like user-friendliness.
Whitepaper & Documents
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