What is ZIL
Zilliqa (ZIL) a sharded smart contract blockchain
Zilliqa is a high-throughput public blockchain platform designed to scale to thousands of transactions per second. It is built to deliver performance, scalability, and security.
Zilliqa aims to drive the blockchain industry forward by developing the highest quality technology infrastructure which can create measurable and real-world impact. To that end, we have sought to establish partnerships across industry verticals that have emerged as clear beneficiaries to innovative, decentralised technologies, with participation across digital advertising, financial services, payments, gaming, as well as digital entertainment. With our platform, we hope users and businesses can leverage the full potential of decentralised technology.
The company (and platform) has its roots in academic research. The co- founders had identified scalability as one of the key issues that would potentially hinder widespread adoption of the technology. As such, our team realised that blockchain scalability was a problem that needed to be addressed today rather than tomorrow.
Zilliqa is pronounced ['zilikā'], where 'Zi' is pronounced as in 'Zi[nc]' and 'ca' is pronounced as in '[sili]ca'.