Zilliqa is a blockchain-based platform that uses sharding technology to address scalability challenges found in other distributed ledgers. Its consensus algorithm enables interconnected chains to process transactions simultaneously, boosting overall network capacity. Additionally, Zilliqa provides developers with tools to build scalable decentralized applications (dApps), decentralized finance (DeFi) solutions, and NFT marketplaces. The network achieves consensus on transactions and smart contract execution through a hybrid Proof-of-Work (PoW) and Practical Byzantine Fault Tolerance (PBFT) approach. Recently, it introduced staking and yield farming features. Zilliqa developed a proprietary programming language called Scilla, focused on security, allowing the creation of customizable decent...
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