Zilliqa: Hello World!
Resources
Website
Twitter
Reddit
Youtube
Telegram
Github
The financial services industry has become a graveyard of Proof-of-Concepts (POC), with projects that never see the light of day. Amongst these POCs are cases where a blockchain need not be deployed, and there are others which have been hindered by existing blockchain protocols that do not scale.
We decided to remove this hurdle by building a clean-slate protocol that could scale but without compromising resilience and security.
Zilliqa is a new blockchain platform that is designed to scale in an open, permission-less distributed network securely.
Scalability — The bottleneck for blockchains
One of the most pressing problems facing blockchain platforms is their lack of scalability, i.e., the ability to handle a larger number of transactions per second as the network grows.
It has been widely discussed that existing blockchains are not able to scale for the next generation of Internet-style applications. An often cited example is the 7–10 transactions/second (TX/s) available in Bitcoin and Ethereum today, and the demands of payment processing in centralised operators (e.g., VISA, MasterCard) for supporting thousands of TX/s.
How does Zilliqa differ from existing protocols?
Scalability. 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.
The Zilliqa team proposed the theory of sharding in a paper in 2015, and since then this protocol has been under research, refinement and active development.
Read more about Zilliqa here
Resources
Welcome, zilliqa! Best wishes for a very inspired experience here in this wonderful community :) It is my pleasure to meet you!
By the way, there are several groups you as a newcomer can join. They will stay with you for your journey, helping and mentoring along the way.
@greetersguild invite link https://discord.gg/AkzNSKx
@newbieresteemday invite link https://discord.gg/2ZcAxsU
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://blog.zilliqa.com/zilliqa-hello-world-50b76983cd12
Thanks for moving these technologies forward! Looking forward to watching this journey!
✅ @zilliqa, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!
Please also take a moment to read this post regarding bad behavior on Steemit.
Welcome to steemit @zilliqa. Join @minnowsupport project for more help. Checkout @helpie and @qurator projects.
Send SBD/STEEM to @treeplanter to plant trees and get an get an upvote in exchange of your donation (Min 0.01 SDB)
Upvote this comment to keep helping more new steemians
Send SBD/STEEM to @tuanis in exchange of an upvote and support this project, follow for random votes.
Congratulations @zilliqa! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPReleased on: May 14th
As a friendly reminder, the current upvote fee is $0.12 SBD ($0.121 for incognito). Current 300%+ upvote is now $0.36+ SBD.
Join our 10 SP Challenge!!!
Simply click this link to delegate 10 SP Now!
Or delegate any of these other amounts and make a "striking" return on your investment!
50 SP --- 100 SP --- 200 SP --- 500 SP --- 1000 SP
That being said...
Investors who delegate SP to @thundercurator are entitled to 75% of @thundercurator income after curation. Get on-board early and grow with us!