Research Report: Zilliqa

By Daniel Dal Bello, Director.
July 15, 2021–2 min read.

Today we present our coverage of Zilliqa, a high-throughput public blockchain platform and pioneer of sharding technology with deep connections to academia. Born out of the National University of Singapore in 2017 and a longstanding fixture in the upper echelon of crypto-asset valuations.

As a blockchain infrastructure project, Zilliqa’s technology is designed to appeal to the scalability issues faced by other public blockchains. Their technology has been built to scale to a throughput of thousands of transactions per second.

Zilliqa’s blockchain is said to be linearly scalable, meaning that the network is able to process more transactions per second as more mining nodes join the network. This notion of linear scalability is Zilliqa’s primary unique value proposition in contrast to other well-known layer-1 designs.

The technology and sharding backbone of Zilliqa is relatively sophisticated and as such and for the purposes of this report, we have not delved unnecessarily deeply into the intricacies of the sharding technology and the associated complexities. We aim to provide a level of detail sufficient to understand the concepts and impact of the tech.

Zilliqa’s mainnet was launched in early 2019 and is powered by the ZIL token. As of writing, ZIL is ranked as the 73rd largest cryptocurrency by market capitalization accounting for US $1.3bn of value.

As a mature blockchain project, Zilliqa has a rich ecosystem of products and initiatives. We have chosen to cover a distinct selection of major ecosystem items in favor of keeping this report concise.

Hillrise Group supports ambitious Web3 startups with early-stage venture capital and fundamental research.

Zilliqa is a high-throughput public blockchain platform and pioneer of sharding technology.

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