- You can mine Zilliqa with GPU and CPU 80% of the tokens will be mined during the first 4 years and last 20% in the next 6 years.
ο»Ώ
- Zil token is used to pay transaction fees for dAPPS and smart contracts.
ο»Ώ
- Zilliqa was written in such a way to increase its speed and scalability along with the popularity of the network. With faster than VISA TPS and faster than Pay Pal. Originally ERC-20 token now working on their blockchain.
ο»Ώ
- Zilliqa is set in such a way that the more people use it the more nodes are in the network the faster is Zilliqa.
ο»Ώ
- Zilliqa us using very unique protocol its a combination of Proof Of Work with PBFT. Thanks to this algorithm Zilliqa is using less energy. The fees are very low thanks to this.
ο»Ώ
- A lot of team members are developers with a PhD status with known people in the space this gave me confidence that Zilliqa by no means its not a scam.
ο»Ώ
- Zilliqa is the first platform that implements sharding on a public blockchain thanks to this they achieved their scalability. Sharding was used in the centralized system mostly, but Zilliqa implements it into a decentralized system.
ο»Ώ
- How does it work? The network is divided into small pieces wihch are easier to control. They are called shards. When do node do Proof of Work next it's attached to the shard in which is working PBFT system. Most of the nodes must agree on the shard status. basically one network is not focused on one block.
ο»Ώ
ο»Ώ