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.

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Rating

A

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)

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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
NameDesignationEducationExperience
Prateek SaxenaCo-FounderUniversity of California, Berkeley: Doctor of Philosophy (Ph.D.), Computer ScienceStony Brook University: Master’s Degree, Computer ScienceSavitribai Phule Pune University: Bachelor’s Degree, Computer Engineering6 Yrs
Amrit KumarCo-FounderUniversité Grenoble Alpes: Doctor of Philosophy - PhD, InformatiqueNational School of Computer Science and Applied Mathematics of Grenoble: Master's degree, Cryptologie10 Yrs