Zilliqa
Name
Zilliqa
Summary
Zilliqa is a smart contract platform with a sharded architecture that aims to solve the scalability issues that other blockchains have.
-It is founded by Prateek Saxena and Amrit Kumar
-It employs Proof-of-Work.
Rating
Symbol
ZIL
Overview
Zilliqa is a permissionless, public blockchain that aims to provide fast throughput by processing thousands of transactions per second. It uses sharding as a second-layer scaling technique to address the issue of blockchain scalability and speed.
Its sharded architecture allows concurrent chains to perform transactions simultaneously, boosting the network's overall capacity. In addition to scalability, Zilliqa offers a smart contract layer that allows users to create smart contracts using Scilla, the company's native programming language.
Historical Price Movement (in INR)
Technology
Zilliqa focuses on scalability through a process known as sharding. Zilliqa's network uses basic Proof-of-Work (PoW) security, but it also incorporates a two-layer blockchain structure to make better use of computing resources. Practical Byzantine fault tolerance is a consensus protocol used by Zilliqa. Nodes are grouped with a leader who is responsible for broadcasting both transactions and decisions in this protocol. The smart contract layer of Zilliqa includes a unique programming language called Scilla, which makes it easy for developers to design and express smart contract conditions.
Use of Native tokens in the ecosystem: ZIL is Zilliqa's utility token which can be used to execute smart contracts and pay transaction fees on the Zilliqa blockchain. ZIL is also distributed as a block reward.
Private Sale
27.3%
Public Sale
2.7%
Team
5%
Advisors
2.1%
Strategic sale
10%
Token treasury
12%
One-time advisors
0.9%
Mining
40%
Volume (17th May 2022)
$170,497,165
Total Supply
16024581217
Circulating supply
12.73B ZIL
Crowd Sales
Zilliqa has raised a total of $1M in funding
Funding
4/01/2018: Initial Coin Offering- NA
1/01/2018: Seed Round- NA
13/12/2017: Seed Round-NA
13/11/2017: Seed Round- NA
12/11/2017: Seed Round- NA
1/11/2017: Initial Coin Offering- $1M
1/8/2017: Seed Round- NA
Country
Singapore
Name of Organization
Zilliqa Research Pte. Ltd.
Year Incorporated
2017
Registered Address
12 MARINA VIEW #11-01 ASIA SQUARE TOWER 2 SINGAPORE (018961)
Dispute Resolution and Governing Law
Singapore
Country Risk Assessment
A1
Founding Team
| Name | Designation | Education | Experience |
| Prateek Saxena | Co-Founder | University of California, Berkeley: Doctor of Philosophy (Ph.D.), Computer ScienceStony Brook University: Master’s Degree, Computer ScienceSavitribai Phule Pune University: Bachelor’s Degree, Computer Engineering | 6 Yrs |
| Amrit Kumar | Co-Founder | Université Grenoble Alpes: Doctor of Philosophy - PhD, InformatiqueNational School of Computer Science and Applied Mathematics of Grenoble: Master's degree, Cryptologie | 10 Yrs |
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