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Zilliqa: Hello World! by zilliqa

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· @zilliqa ·
$0.94
Zilliqa: Hello World!
![Skjermbilde 2018-05-22 kl. 17.49.48.png](https://steemitimages.com/DQmXbfyjXqRjmmLJtWPHEZCRhXtvRjLJJ6tzcgqCimCfwnF/Skjermbilde%202018-05-22%20kl.%2017.49.48.png)

**Resources**

[Website](https://www.zilliqa.com/)
[Twitter](https://twitter.com/zilliqa)
[Reddit](https://www.reddit.com/r/zilliqa)
[Youtube](https://www.youtube.com/channel/UCvinnFbf0u71cajoxKcfZIQ)
[Telegram](https://t.me/zilliqachat)
[Github](https://github.com/Zilliqa/Zilliqa)

The financial services industry has become a graveyard of Proof-of-Concepts (POC), with projects that never see the light of day. Amongst these POCs are cases where a blockchain need not be deployed, and there are others which have been hindered by existing blockchain protocols that do not scale.

We decided to remove this hurdle by building a clean-slate protocol that could scale but without compromising resilience and security.

Zilliqa is a new blockchain platform that is designed to scale in an open, permission-less distributed network securely.


![Skjermbilde 2018-05-22 kl. 17.50.28.png](https://steemitimages.com/DQmNjQC5sh8P8XJqKKbao1AkwGWLTHvxnTwcw3osjtfycsH/Skjermbilde%202018-05-22%20kl.%2017.50.28.png)



## Scalability — The bottleneck for blockchains

One of the most pressing problems facing blockchain platforms is their lack of scalability, i.e., the ability to handle a larger number of transactions per second as the network grows.

It has been widely discussed that existing blockchains are not able to scale for the next generation of Internet-style applications. An often cited example is the 7–10 transactions/second (TX/s) available in Bitcoin and Ethereum today, and the demands of payment processing in centralised operators (e.g., VISA, MasterCard) for supporting thousands of TX/s.

## How does Zilliqa differ from existing protocols?

Scalability. The core feature that makes Zilliqa scalable is sharding — dividing the network into several smaller component networks (called shards) capable of processing transactions in parallel.

The Zilliqa team proposed the theory of sharding in a paper in 2015, and since then this protocol has been under research, refinement and active development.

![Skjermbilde 2018-05-22 kl. 17.51.11.png](https://steemitimages.com/DQma7fnFHxxvtgjpfQJNhr7ZYfgesPhQGcZAGhH43gETXyw/Skjermbilde%202018-05-22%20kl.%2017.51.11.png)
 


Read more about Zilliqa [here](https://blog.zilliqa.com/)

**Resources**

[Website](https://www.zilliqa.com/)
[Twitter](https://twitter.com/zilliqa)
[Reddit](https://www.reddit.com/r/zilliqa)
[Youtube](https://www.youtube.com/channel/UCvinnFbf0u71cajoxKcfZIQ)
[Telegram](https://t.me/zilliqachat)
[Github](https://github.com/Zilliqa/Zilliqa)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (27)
@apassingthought ·
Thanks for moving these technologies forward! Looking forward to watching this journey!
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@cheetah ·
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://blog.zilliqa.com/zilliqa-hello-world-50b76983cd12
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@cheneats ·
Welcome, zilliqa! Best wishes for a very inspired experience here in this wonderful community :) It is my pleasure to meet you!

By the way, there are several groups you as a newcomer can join. They will stay with you for your journey, helping and mentoring along the way.

@greetersguild invite link https://discord.gg/AkzNSKx
@newbieresteemday invite link https://discord.gg/2ZcAxsU
👍  
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vote details (1)
@introduce.bot ·
✅  @zilliqa, I gave you an upvote on your first post! **Please give me a follow** and I will give you a follow in return!<br><br>Please also take a moment to read [this post](https://steemit.com/spam/@pleasestop/introducing-pleasestop-here-to-reduce-comment-spam) regarding bad behavior on Steemit.
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@steemitboard ·
Congratulations @zilliqa! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstpost.png)](http://steemitboard.com/@zilliqa) You published your First Post
[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/firstvoted.png)](http://steemitboard.com/@zilliqa) You got a First Vote
[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@zilliqa) Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

> Upvote this notification to help all Steemit users. Learn why [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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@thundercurator ·
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As a friendly reminder, the current upvote fee is $0.12 SBD ($0.121 for incognito). Current 300%+ upvote is now $0.36+ SBD.

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@tuanis ·
Welcome
Welcome to steemit @zilliqa. Join @minnowsupport project for more help. Checkout @helpie and @qurator projects.
Send SBD/STEEM to @treeplanter to plant trees and get an get an upvote in exchange of your donation (Min 0.01 SDB) 
Upvote this comment to keep helping more new steemians 
Send SBD/STEEM to @tuanis in exchange of an upvote and support this project, follow for random votes.
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