Zilliqa - The Answer To The Scalability Problem?
Zilliqa was formed with the goal of building a scalable public blockchain with sharding.
This is a huge issue in the cryptocurrency community! Zilliqa is one of the companies tackling this problem.
Zilliqa is a new blockchain platform that is designed to scale in an open, permission-less distributed network securely. The core feature that makes Zilliqa scalable is sharding — dividing the network into several smaller component networks (called shards) capable of processing transactions in parallel. Zilliqa is the first company to implement this on a public blockchain.
So what is the Scalability problem?
Scalability basically refers to the increase of the throughput of blockchain technology. To put it in simpler terms, it is the need to increase the number of transactions per second (TPS) that a blockchain can process
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