Zilliqa (ZIL) is a public blockchain that addresses the scalability and throughput issues that plague cryptocurrencies like Bitcoin and Ethereum. By splitting the network into parallel nodes, Zilliqa enhances transaction performance and provides a scalable, secure platform. The token's creators claim that Zilliqa is the first blockchain to depend completely on sharding to address the scalability problem, which they claim it does effectively. According to the white paper for the coin, sharding enables the Zilliqa blockchain to attain transaction speeds a thousand times faster than the Ethereum network.
Because Zilliqa is a public blockchain network with high throughput, developers can use it to host decentralized apps and execute smart contracts while bypassing the primary difficulties that plagued many previous blockchain platforms, such as congestion or high gas costs.

Zilliqa is a blockchain platform and cryptocurrency designed to address scalability issues that often plague decentralized networks. Launched in 2017, Zilliqa employs a unique sharding technology, dividing the network into smaller groups (shards) capable of processing transactions concurrently. This innovative approach significantly enhances Zilliqa's scalability, enabling it to handle a higher transaction throughput compared to traditional blockchain platforms.

The native cryptocurrency of the Zilliqa network is ZIL. It serves various functions within the ecosystem, including facilitating transactions, participating in the platform's consensus mechanism, and enabling the creation of decentralized applications (DApps). Zilliqa aims to provide a secure and efficient infrastructure for the development and deployment of decentralized applications, making it a compelling option for developers seeking a scalable and high-performance blockchain solution. With a focus on scalability, security, and smart contract functionality, Zilliqa continues to evolve as a prominent player in the blockchain space.