Who is behind Zilliqa?

Zilliqa was launched in June 2017 by co-founders Amrit Kumar and Xinshu Don , two researchers from the National University of Singapore. The network’s mainnet went live in January 2019. The project held an Initial Coin Offering (ICO) of the ZIL token in 2017, at the time raising over $22 million in ETH.

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What is Zil token?

ZIL is Zilliqa’s native ERC-20 token . According to its sharding model, if Zilliqa were to have 20,000 nodes, the network could be split up into 25 sub-networks with 800 nodes each that process data simultaneously and in parallel.

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Who uses Zilliqa?

The sharded structure of Zilliqa makes it an ideal blockchain for processing more complex computational tasks such as data mining and financial modeling . Zilliqa can also be used for training neural networks, machine learning (ML) applications, and data-based academic research.

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What does Zil crypto do?

Zilliqa or as commonly referred to as ZIL is nothing but a public, permissionless blockchain that is known to have been designed in order to offer a high throughput along with the ability to complete nearly thousands of transactions per second (TPS) .

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