How does Zilliqa address the issue of transaction speed and throughput in blockchain networks?

3 answers

• Dec 24, 2021 · 3 years ago
  Zilliqa addresses the issue of transaction speed and throughput in blockchain networks through its innovative sharding technology. By dividing the network into smaller groups of nodes called shards, Zilliqa is able to process multiple transactions in parallel, significantly increasing the network's throughput. This allows Zilliqa to achieve high transaction speeds, making it suitable for applications that require fast and scalable blockchain solutions.
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• Dec 24, 2021 · 3 years ago
  Zilliqa's approach to tackling the problem of transaction speed and throughput involves using a hybrid consensus mechanism called Practical Byzantine Fault Tolerance (PBFT). This consensus algorithm allows for fast finality of transactions, ensuring that they are confirmed quickly and securely. Additionally, Zilliqa's network design and smart contract platform are optimized for high throughput, enabling it to handle a large number of transactions per second.
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• Dec 24, 2021 · 3 years ago
  As an expert in the field, I can say that Zilliqa's solution to the issue of transaction speed and throughput in blockchain networks is quite impressive. By implementing sharding and PBFT, Zilliqa is able to achieve fast transaction speeds and high throughput, making it a promising blockchain platform for various applications. It's definitely worth keeping an eye on Zilliqa's development in this area.
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