Zilliqa Mainnet Live, the first to launch 'Sharding', according to Facebook

Zilliqa (ZIL), an Ethereum-style intelligent contract platform (ETH), has launched its main network and is the first blockchain to successfully implement "sharding". Through a combination of sharding and a hybrid consensus algorithm using both Proof-of-Work (PoW) and Practical Byzantine Fault Tolerance (PBFT), the Zilliqa team baderts a current transaction speed of 2 500 per second.

Unlike Ethereum, Zilliqa does not intend to switch to a proof of ownership model and instead seeks an "accelerated path to scalability."

Sharding, PoW, PBFT

The sharding in principle avoids a chain of blocks processing each action or transaction on all its nodes and distributes the workload on its network. This method is designed to dramatically increase the number of possible transactions and the team claims that current speeds are in the order of 2,500 transactions per second.

According to a Zilliqa blog post last year, the workload of a blockchain can be broken down into a "sufficiently large subset".[s]"The computing power of a chain of blocks and its nodes – thus maintaining security while dividing the network load.

The Zilliqa chain – whose name is an elaboration of the word "silica", the central ingredient of printed circuit boards, and sand – uses proof of work only to prevent attacks from Sybil, a general consensus being reached by a consensus of PBFT style mechanism. It is therefore a hybrid consensus protocol, and the team believes that "as the holding period in Zilliqa will last about a minute every two or three hours, we believe that the energy footprint of mining in Zilliqa will be very important. " smaller than the blockchains that use PoW to reach consensus on each block. "

Start careful

Until March 2019, the new network will be in a "seed phase". Meanwhile, no transactions will be processed by miners in Zilliqa – even if the miners will still be rewarded for their computing power. The purpose of this scheme is to "ensure that [Zilliqa’s] the network is protected from attack during this initial launch period when the hash power is relatively low. "

Responding to recent rumors that Zilliqa might be in talks to provide Facebook with blockchain technology, the Zilliqa team has categorically canceled the rumors.

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