ZILLIQA— a new blockchain platform that is designed to scale in transaction rates and resolve the issues industries are facing as they seek to use the blockchain for business. We chat with the CEO Xinshu Dong about Zilliqa. For much more check out @Brad_Laurie, my twitter.
As the number of miners in ZILLIQA increases, its transaction rates are expected to increase as well. Specifically, ZILLIQA’s design allows its transaction rates to roughly double with every few hundred nodes added to its network. ZILLIQA is a redesign from scratch and has been under research and development for over 2 years. The cornerstone in ZILLIQA’s design is the idea of sharding — dividing the mining network into smaller consensus groups called shards each capable of processing transactions in parallel.