What is Zilliqa and how does it work?
Swaraj UpadhyeJan 16, 2022 · 3 years ago3 answers
Can you explain what Zilliqa is and how it works in detail?
3 answers
- Jan 16, 2022 · 3 years agoZilliqa is a high-performance blockchain platform that aims to solve the scalability issue faced by many other blockchain networks. It achieves this by implementing sharding, which allows the network to process multiple transactions in parallel. This means that as the network grows, its capacity to handle transactions also increases. Zilliqa uses a consensus mechanism called Practical Byzantine Fault Tolerance (PBFT) to ensure the security and integrity of the network. Overall, Zilliqa is designed to be a scalable and secure blockchain platform for decentralized applications (dApps).
- Jan 16, 2022 · 3 years agoZilliqa is like the Usain Bolt of blockchain networks. It's super fast and can handle a massive number of transactions at the same time. How does it do that? Well, it uses a technique called sharding, which basically means splitting the network into smaller groups called shards. Each shard can process its own set of transactions, so the network as a whole can handle a lot more transactions compared to traditional blockchains. And to make sure everything is secure, Zilliqa uses a consensus mechanism called PBFT. So, in a nutshell, Zilliqa is all about speed, scalability, and security.
- Jan 16, 2022 · 3 years agoZilliqa is a blockchain platform that uses sharding to achieve high scalability. Sharding is a technique where the network is divided into smaller groups called shards, and each shard can process its own set of transactions. This allows Zilliqa to handle a large number of transactions in parallel, making it much faster than traditional blockchains. Zilliqa also uses a consensus mechanism called PBFT, which ensures that the network reaches agreement on the order of transactions. Overall, Zilliqa is a promising blockchain platform that addresses the scalability issue and has the potential to support a wide range of decentralized applications.
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