Zilliqa seeks to be the platform for developers and enterprises who want to build DeFi applications. The mainnet of Zilliqa launched in 2019 after the project was initially born at the National University of Singapore. The blockchain has a special focus on the application of sharding. Just like you would see with shards in a broken light bulb, blockchains also can also be broken down into smaller pieces so the data could be accessed more easily and quickly. Zilliqua’s unique approach to eco-friend mining has also garnered attention. The Zilliqa consensus mechanism has reduced the carbon footprint of mining because only 1 minute out of every 2-3 hours needed to mine Zil. In total, Zilliqa is fastly growing ecosystem with over 60 teams from 20 countries contributing to it. Three major tenants of the Zilliqa blockchain are that its censorship-resistant, Sybil resistance, and that it has a smart contract-based economic defence.
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