Zilliqa (ZIL) is a blockchain platform that aims to address the scalability limitations of traditional blockchain networks. One of the key challenges faced by many blockchain platforms is the ability to handle a large number of transactions per second without compromising security or decentralization. Zilliqa tackles this issue by utilizing a unique sharding technique.
Sharding is a process of dividing the network into smaller groups of nodes called shards, which can process transactions in parallel. By distributing the workload across multiple shards, Zilliqa can achieve higher throughput and faster transaction speeds compared to other blockchain networks. This is particularly important as blockchain technology gains mainstream adoption, and the demand for scalability increases.
Zilliqa's approach to sharding involves a hybrid consensus mechanism called Practical Byzantine Fault Tolerance (pBFT) combined with a proof-of-work (PoW) mechanism. This combination ensures both security and efficiency, as pBFT enables fast finality of transactions while PoW provides a Sybil resistance mechanism.
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