What is Zilliqa (ZIL)

Blockchains suffer from a scaling problem. Various solutions have been proposed and Zilliqa implements some of these. It promises to be a high-throughput blockchain. It was founded by researchers from National University of Singapore. Its foundations are the same as most other cryptocurrencies  it aims to build a permission less distributed blockchain. To scale, Zilliqa splits its network to several smaller networks called shards. All transactions are processed in parallel. This process is called sharding. This will help it to scale to around 4000 transactions per second.