The Ultimate Guide to ZILLIQA

Описание: Existing cryptocurrencies and smart contract platforms are known to have scalability issues, i.e., the number of transactions they are capable of processing per second is limited,
usually less than 10. As the number of applications utilizing
public cryptocurrencies and smart contract platforms grow, the
demand for processing high transaction rates in the order of
hundreds and thousands of Tx/s is increasing.
In this work, we present ZILLIQA— a new blockchain platform
that is designed to scale in transaction rates. As the number of
miners in ZILLIQA increases, its transaction rates are expected to
increase. At Ethereum’s present network size of 30,000 miners,
ZILLIQA would expect to process about a thousand times the
transaction rates of Ethereum. The cornerstone in ZILLIQA’s
design is the idea of sharding — dividing the mining network
into smaller shards each capable of processing transactions in
parallel.
ZILLIQA further proposes an innovative special-purpose smart
contract language and execution environment that leverages the
underlying architecture to provide a large scale and highly
efficient computation platform. The smart contract language in
ZILLIQA follows a dataflow programming style which makes it
ideal for running large-scale computations that can be easily
parallelized. Examples include simple computations such as
search, sort and linear algebra computations, to more complex
computations such as training neural nets, data mining, financial
modeling, scientific computing and in general any MapReduce
task

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website: https://www.zilliqa.com/
whitepaper: https://docs.zilliqa.com/whitepaper.pdf
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