Binance Lists Zilliqa (CRYPTO:ZIL)
Zilliqa is the world's first high-throughput public blockchain platform - designed to scale to thousands of transactions per second.
Zilliqa brings the theory of sharding to practice with its novel protocol that increases transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps, designed to meet the scaling requirements of machine learning and financial algorithms.
Zilliqa has been under research and development for two years and powered several ground-breaking deployments commercially.
Max Supply: 12,600,000,000 ZIL
Circulating Supply: 6,511,228,178 ZIL
Issue Price: $0.0081
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ZILLIQA (CRYPTO:ZIL) — a new blockchain platform that is designed to scale in transaction rates. As the number of miners in ZILLIQA increases, its transaction rates are expected to increase. At Ethereum's present network size of 30,000 miners, ZILLIQA would expect to process about a thousand times the transaction rates of Ethereum. The cornerstone in ZILLIQA's design is the idea of sharding — dividing the mining network into smaller shards each capable of processing transactions in parallel.
ZILLIQA further proposes an innovative special-purpose smart contract language and execution environment that leverages the underlying architecture to provide a large scale and highly efficient computation platform. The smart contract language in ZILLIQA follows a dataflow programming style which makes it ideal for running large-scale computations that can be easily parallelized. Examples include simple computations such as search, sort and linear algebra computations, to more complex computations such as training neural nets, data mining, financial modeling, scientific computing and in general any MapReduce task.