Key metricsKey metrics
PricePrice$0.0202
Asset TypeAsset TypePlatform
StructureStructureFor Profit Company
Project StatusProject StatusMVP
OwnershipOwnershipFree
SectorSectorSmart Contracts
IndustryIndustryBlockchain
FoundedFounded27-Dec-2017
Funds raisedFunds raised22M
CountryCountrySingapore
Key personKey personXinshu Dong

Zilliqa (ZIL) Information{coin_name} ({symbol}) Information

Zilliqa enables new solutions to real-world problems with its scalable, secure, high-performance public blockchain platform.

Zilliqa is the world's first high-throughput public blockchain platform designed to scale to thousands of transactions per second. It brings the theory of sharding to practice with its novel protocol that increases transaction rates as its network expands. The platform is tailored towards enabling secure data-driven decentralized apps, designed to meet the scaling requirements of machine learning and financial algorithms. Zilliqa has been under research and development for two years. It has powered several ground-breaking deployments commercially to date.
Utility of the coin/token
Smart Contract Platform

Team OverviewTeam Overview

Xinshu Dong
CEO

PhD, National University of Singapore. ?Xinshu is a scientist and practitioner in building secure systems, ranging from blockchains to web browsers and applications. He was a technical lead for several national cybersecurity projects. The outcome of his research has been published at top international conferences. More recently, he led the research and development of Anquan’s proprietary scalable and secure blockchain, deployed for financial and ecommerce applications. He is currently leading the Zilliqa team for developing a new public blockchain Zilliqa for high-throughput applications.

?Prateek Saxena
?Chief Scientific Advisor

PhD, University of California, Berkeley. Prateek Saxena is a research professor in computer science at National University of Singapore, and has a PhD in Computer Science from UC Berkeley. He works on blockchains and computer security. His research has influenced the design of browser platforms, web standards and app stores widely used today. He has received several premier awards such as the Top 10 Innovators under 35 (MIT TR35 Asia) in 2017.

Yaoqi Jia
Head of Technology

PhD, National University of Singapore. Yaoqi is the Head of Technology for Zilliqa. His prior experience focuses on building secure and privacy-preserving web and distributed systems with cryptographic mechanisms. He proposed several technologies in his research as the building blocks for next-generation blockchain, addressing consensus and privacy issues. His research work has been published in top international conferences, such as CCS, USENIX Security, PETS, RAID, ESORICS. He has received the Best Paper Award in W2SP (2014) and ICECCS (2014). His work was acknowledged by Google and Apple (CVE-2014-7948 for Chrome and CVE-2015-5907 for Safari) and has received media coverage including Dailydot, Gizmodo and Techspot.

Amrit Kumar
Head of Research

PhD, Université Grenoble-Alpes (France). ?Amrit is a Research Fellow (aka a post-doctoral researcher) at the National University of Singapore. He holds a PhD from Université Grenoble-Alpes, France and was hosted at Inria's Grenoble center. Prior to his PhD, he obtained an Engineer's diploma from Ecole Polytechnique, France, where he studied Computer Science and Mathematics. His research interests broadly span security, privacy and applied cryptography.

?Ong En Hui
Head of Business Development

Bachelors of Arts, Waseda University. CAIA. En Hui heads up business development at Zilliqa. She has extensive sales and distribution experience in financial services. Her prior roles include sales and distribution of ETFs and investment funds at BlackRock where she worked with asset managers and banks in the Southeast Asian market, and subsequently at JPMorgan Asset Management working with pension funds, insurance companies and banks in the region. En Hui speaks fluent Chinese and Japanese and is a sake enthusiast.

Juzar Motiwalla
Chief Strategist

PhD, University of Wisconsin - Madison. Juzar Motiwalla has investment and board-level experience with global technology startups. He was a venture capitalist responsible for investments in Asia and Silicon Valley. M&A exits with leading US and Japanese companies were secured for companies he was involved with. Prior to his venture capital journey he was the CEO of a 350-person computer science research lab in Singapore.

Max Kantelia
?Chief Evangelist

BSc (Hons) Engineering Science. Max is a financial services entrepreneur with 25 years’ experience of building professional services and technology firms in Europe, the US and Asia. He is a Co-Founder of Anquan Capital in Singapore and is on the board of Aeriandi (Oxford) and untapt (New York), both fast growth deep technology company in the areas of voice technology and aritifcal intelligence. Max is an engineering graduate and started his career at GEC Marconi designing airborne radar systems. He was selected by EY as one of Asia’s Top 100 FinTech contributors in 2016 and is a part of the London Mayor’s Internationalisation programme.

Saiba Kataruka
Marketing Lead

MBA, University of Oxford. Saiba Kataruka has earlier worked with IBM as a consultant for five years, in the payment technology field, in Asia and Europe. He then left the company to pursue an MBA degree from the University of Oxford. He loves reading, writing, public speaking and traveling. He is most interested in the decentralization aspect of the Blockchain technology and in the ways that it can improve the current social and financial structures.

Addison Huegel
Head of Communications

BA in Physics, University of California, Berkeley. ?Addison Huegel is a new technology communications and marketing specialist with extensive experience building communities around blockchain, B2B, and B2C applications. Over the years he’s worked with hundreds of companies, from startups to Fortune 500s. In 2015, he served as a communications consultant to the Ethereum Foundation and DEVCON1. Before entering into marketing and PR, Addison worked in the field of Condensed Matter Physics and has published a number of scientific, peer-reviewed papers.

Haichuan Liu
Core Developer

Bachelor of Mechanical Engineering (Honours), Nayang Technological University. Haichuan is a winner of Singapore Enterprise Scholarship and an AWS Certified Solution Architect, and currently finishing his master degree in Computer Control & Automation from Nanyang Technological University. In his last position, he was involved in an autonomous vehicle project, and in charged of the development of Mobility on Demand system from A to Z using C++, also led the grounding of DevOps. He is addicted to the realization of large distributed system, especially Blockchain. Besides, he has great interest in indie game development and AI technologies.

Antonio Nicolas Nunez
Core Developer

Bachelor Degrees in Physics and Computer Engineering, Ateneo de Manila University. Antonio has bachelor degrees in Physics and Computer Engineering from Ateneo de Manila University, as well as a diploma in R&D Management from University of the Philippines Open University. He has over 10 years experience as a software engineer, deploying industry-grade solutions for multiple sectors. His programming interests include efficient C++ coding as well as build and test automation.

?Jun Hao Tan
?Core Developer

Bachelor of Computer Science (Honours), National University of Singapore. Jun Hao is a practitioner in various areas in the Computer Science domain including blockchain, web security, trusted computing and program analysis. He was also awarded the National Infocomm Scholarship and graduated from the National University of Singapore (NUS) with a bachelor degree in computing science with specialisation in information security. At NUS, he co-founded NUS Greyhats, a cybersecurity interest group, which has won numerous cybersecurity events. He also co-founded Edgis, a non-profit special interest group provides a platform where infosec enthusiasts can meet, exchange ideas with others and contribute to community.

Siddhartha Sahai
?Developer

M.Sc(Tech), Information Systems, BITS Pilani. Siddhartha has been a Topcoder member since 2014, winning various software development challenges, and has contributed to Google Summer of Code as well. He has a keen interest in blockchain technology and modern web development. He also loves music and playing the guitar.

Kaustubh Shamshery
??Developer

B.Tech (Information Technology, IIIT Allahabad. Kaustubh is a software developer working in area of computational intelligence and network security. He has priorly been involved in reviewing blockchain companies and also has been a part of international blockchain projects. His research interests include NLP, deep learning and blockchain scalability.

?Evan Cheng
Advisor

M.S in Computer Science, Syracuse University. ?Evan is an engineering director at Facebook, where he oversees development of programming languages, runtimes, and compilers. He received the 2012 ACM Software System Award for his work on LLVM at Apple.

?Aquinas Hobor
Advisor

Phd Computer Science, Princeton University. Aquinas Hobor was born near Chicago, IL. He got his undergraduate degrees from the University of Chicago and his PhD in computer science from Princeton University in 2008. He does research in computer theory, including semantics, verification, machine-checked proof, logic, complexity, and algorithms. From 2008-2011 he was a Lee Kuan Yew Postdoctoral Fellow in the School of Computing, National University of Singapore. Since 2013 he has been an assistant professor with a joint appointment between Yale-NUS College and the School of Computing.

Alexander Lipton
Advisor

Doctor of Philosophy (PhD), Mathematics. ??Alexander Lipton is Founder and CEO of StrongHold Labs, Partner at Numeraire Financial, Co-Founder and Advisor of Distilled Analytics, Connection Science Fellow at MIT Media Lab and Visiting Professor of Financial Engineering at EPFL. He is an Advisory Board Member at UCL Centre for Blockchain Technologies, Clearmatics and Numerix. His prior experience includes Managing Director at Bank of America Merrill Lynch, leading the quant group. Earlier, he also worked for Citadel Investment Group in Chicago, Credit Suisse, Deutsche Bank and Bankers Trust. While working full time as a banker, Alex held several prestigious academic appointments, including Oxford-Man Institute, Imperial College London and the University of Illinois. Before switching to finance, Alex was a Full Professor of Mathematics at the University of Illinois and a Consultant at Los Alamos National Laboratory. He received his undergraduate and graduate degrees in pure mathematics from Moscow State University. In 2000 Alex was awarded the first Quant of the Year Award by Risk Magazine. Alex is the author of two books and a hundred papers on hydrodynamics, magnetohydrodynamics, astrophysics, chemical physics, and financial engineering.

Loi Luu
Advisor

PhD, National University of Singapore. Loi is a researcher working on cryptocurrencies, smart contract security and distributed consensus algorithms. He is also a regular invited speaker at Bitcoin and Ethereum workshops such as DevCon2, EDCON. Loi believes in the force of the Ethereum and Blockchain technologies and much of his work revolves around this community. He developed Oyente, the first open-source security analyzer for Ethereum smart contracts. Loi also cofounded SmartPool, another open source project which embraces decentralization of mining pools in existing cryptocurrency. He continues to champion decentralisation and trustless properties of the Blockchain with KyberNetwork, taking inspiration and developing value for the community.

Nicolai Oster
Advisor

Nicolai Oster is the Head of ICO, leading the ICO Department at Bitcoin Suisse, and Advisor for several ICOs. Bitcoin Suisse, established in 2013, is a world leading regulated crypto financial company, based in Crypto Valley, Zug, Switzerland. Bitcoin Suisse has successfully assisted, facilitated and executed many ICOs, such as Melonport, OmiseGO, Streamr and many more - dating all the way back to the ICO of the Ethereum Foundation.

Stuart Prior
Advisor

Stuart Prior is a Fintech veteran with 20+ in Corporate and Investment Banking. Stuart specializes in leading corporate banking initiatives for the adoption of blockchain technology and Crypto Finance. Throughout his career he has focused on the development of banking technology applications including Ultra High Frequency / Low Latency trading and the development of large scale data management platforms. Over the years he has worked with many of the largest banks in the world, including Credit Suisse and Deutsche Bank, and will bring his expertise to help guide Zilliqa’s development and practical applications. ?

Christel Quek
Advisor

BSc (Social Sciences), National University of Singapore. Christel is a technology executive who has built brands and digital businesses since the advent of the digital economy. She is a Co-Founder of BOLT, a live TV & gaming service (Kenya, Southeast Asia, and Latin America), and the Founder of pin8cle, a strategic consultancy to turn start-ups to rev-ups. Previously, Christel founded Brandwatch's first office in Asia-Pacific (digital intelligence product), was the Head of Content at Twitter across their International Markets, and led Social Business for Samsung Asia. Christel was selected by The Guardian as one of the top global digital strategists, Campaign Asia-Pacific as a Woman to Watch, and Business Insider as one of the 30 best executives to follow on Twitter. More recently, Christel delivered the commencement speech at the National University of Singapore, and has contributed articles to Harvard Business Review and Huffington Post. ?

Ilya Sergey
Advisor

PhD, KU Leuven (Beigium). Dr Ilya Sergey does research in the area of programming languages, program analysis, and formal verification. Prior to joining academia, Ilya has spent a part of his career in industry, working in JetBrains Inc., a world-leading company in creating integrated development environments for software developers. His joint research efforts with the members of Zilliqa team have already resulted in the inception of Scilla, a programming language for mechanically verified smart contracts.

Vincent Zhou
Advisor

Vincent is founding partner of FBG Capital, with extensive experience in digital assets trading and investment. Vincent is also an early investor of a broad spectrum of blockchain companies and projects. He is considered as one of the most well-connected and visionary crypto hedge fund managers in Asia.

OrganizationsOrganizations

Zilliqa Research PTE. LTD.

Company NumberCompany Number UEN : 201726378D
2 Science Park Drive #01-03 Ascent Singapore (118222)

Questions and AnswersQuestions and Answers

What is ZILLIQA?
ZILLIQA is a high-throughput public blockchain platform designed to scale to thousands of transactions per second.
What is so cool about the scalability of ZILLIQA?
ZILLIQA processes more transactions per second as more mining nodes join the network. This may sound like a natural thing at first, but it is actually technically challenging to accomplish and certainly hasn’t been accomplished by existing blockchains.
Is ZILLIQA PoW-based?
Yes and no. ZILLIQA only leverages PoW to establish mining identities. PoW defends against Sybil attacks and is also used to perform network sharding. Unlike other PoW-based blockchains, ZILLIQA does not use PoW for consensus. PoW is performed only at larger intervals, not by every miner on every block. Thus, ZILLIQA has a much smaller energy footprint.
Which consensus protocol is used in ZILLIQA?
ZILLIQA uses an optimized practical Byzantine Fault Tolerant (pBFT) protocol for consensus.
Is ZILLIQA the first to use BFT for consensus?
No, NEO, Tendermint and Hyperledger all use variations of BFT.
What are the advantages of pBFT over PoW-based consensus?
There are several advantages of using pBFT as a consensus protocol: 1. It is not computationally intensive and hence less energy-consuming than PoW. 2. It can leverage a small consensus group for efficiency. 3. It gives finality to transactions. In other words, unlike PoW-based consensus, where usually 6 confirmations are required, pBFT guarantees that no temporary fork will happen due to the consensus protocol and hence, no confirmation is required.
How does pBFT in ZILLIQA give finality to transactions?
The definition of finality of a consensus protocol is that at the end of the protocol, all the honest nodes agree on the proposed block. This property is not achieved in Bitcoin. The reason is the following: a node may do PoW and propose a block. At the same time, another node may also do a PoW on another block and propose it. Now, it is very possible that a subset of honest nodes in the network sees only the first block, while another subset of honest nodes sees only the second. They hence may not agree on the next block. The finality property is not guaranteed here. In pBFT (the consensus protocol used in ZILLIQA), the last step of the protocol requires nodes in the network to sign that they have all seen and agreed on the block. Malicious nodes may decide not to sign though. The block is committed to the blockchain only if all the honest nodes have signed the block. This guarantees finality as all nodes agree by signing that they think the signed block should be the next block.
Why does ZILLIQA not use PoS?
PoS is still relatively new compared to PoW which has survived the test of time. We strongly believe that PoS is still a very nascent idea. It was only recently that a provable PoS protocol (Ouroboros) was proposed. The proposed protocol however has some assumptions that may not be true in the real world setting. On the contrary, PoW is a very well-understood mechanism. That said, the use of PoW in ZILLIQA is very different from the way it is used in say Bitcoin, which ensures that PoW does not become a bottleneck for scalability. ZILLIQA shows that even with PoW, it is possible to hit a throughput of thousands of transactions per second.
Would there be plans to move from PoW to PoS in the future?
We may replace PoW with a stake-based mechanism for Sybil resistance. However, we would still continue using pBFT as the underlying consensus protocol. PoS is also not the ideal solution to every problem. To see this, one must consider the threat model under which a PoS-like consensus protocol will work. PoS by definition works under a set of assumptions which are often referred to as the “cryptoeconomic assumptions” or “rational behavior”. This means that since participants have stake in the system, they would not want to behave maliciously and if they ever do so, then they will probably get detected and possibly penalized. On the other hand, the (p)BFT consensus protocol works under a more hostile assumption, where nodes are Byzantine. This means that nodes do not care about losing stake and are only motivated to subvert the system. Since the adversary models are different, the two consensus proposals cannot be directly compared and cannot be replaced by one or the other.
What is sharding and how does it make ZILLIQA scalable?
Sharding is a concept that has existed in distributed databases for a long time but hasn’t been demonstrated in open, permissionless blockchains (where anyone can join and participate) at scale. The idea is to automatically split up a large network of machines processing transactions into parallel sub-committees or “shards”. Each shard processes its own microblock in parallel with other shards, and resulting micro-blocks are merged into a final one. This automatic network parallelization has now been made practical for open blockchains through ZILLIQA!

TechnicalTechnical

Key metricsKey metrics
PrivacyPrivacyPseudonymous
AlgorithmAlgorithmEthash
ProofProofProof of work
Token InformationToken Information
Zilliqa is a token on the ETH platform using the ERC-20 standard. The address of the token contract is 0x05f4a42e251f2d52b8ed15e9fedaacfcef1fad27.

Source Code Repositories

Zilliqa/Zilliqa 826 Stars 45 Contributers 87 Open Issues

Zilliqa is the world's first high-throughput public blockchain platform - designed to scale to thousands ​of transactions per second.

EconomicsEconomics

Tradeable CoinsTradeable Coins
6,605,326,966 (76% of total) ({tradeable_of_total} of total)

Rich List Addresses holding the largest balances

AddressAddress AmountAmount NameName
0xde5a57b9ba909c332cb7be7133ec29e228fb0286 2,248,185,904.22
0xe288e6a4ffca564cc575379189ab71e3c8b011bc 1,200,000,002.3
0x3f5ce5fbfe3e9af3971dd833d26ba9b5c936f0be 1,199,659,091.428 Binance 1
0x5d86867b340f605f5c2713ae9d021db426bc15e7 669,462,500
0xadb2b42f6bd96f5c65920b9ac88619dce4166f94 507,278,599.019 Huobi 7
0xfbb1b73c4f0bda4f67dca266ce6ef42f520fbb98 210,806,160.754 Bittrex 1
0xbcc38f4f6c31625ad6171525d683a811c9cfb98d 198,494,494
0xfdb16996831753d5331ff813c29a93c76834a0ad 178,689,157.837 Huobi 3
0x84c22f0b2bee087a19efe388b414e2f02f1cd5b8 163,051,061.263
0x5c985e89dde482efe97ea9f1950ad149eb73829b 162,547,615.173 Huobi 5
0x17fb18e234f2ce638ad1eac37966a3092996c366 109,075,759.819
0xbee7cce5b6e2eb556219eef8f3061aa9ff0630e9 102,132,800
0x81e881c1000592b9cda111c2258fff4ee4546603 80,000,001
0x70f03a9b644379b2658833660f1d42fbdb81fee0 79,544,058.579
0x1c4b70a3968436b9a0a9cf5205c787eb81bb558c 70,366,478.162 Gate.io 3
0xeeabe7bd3fceb466e08403fbd4d59249498a2433 66,725,850
0x9150a2009d99155a8da45c2f9380c9082c5e309f 47,092,500
0x976fd26bc177542c3ade3aa28b374f866e7dde4b 46,146,879.847
0xeee28d484628d41a82d01e21d12e2e78d69920da 42,461,572.425 Huobi 4
0xabfb31d72ce786d6498e70bcc5bbfb8e91d75612 40,348,461.483

Exchange Markets

ExchangeExchange MarketMarket PricePrice DiffDiff Volume 24hVolume 24h SpreadSpread Spread $1kSpread $1k
Binance ZIL/BTC $0.0201 -0.5% $4,197,382 0.54% 0.54%
Binance ZIL/USDT $0.0202 -0.25% $1,770,745 0.3% 0.54%
Upbit ZIL/KRW $0.0205 1.5% $1,447,112 0.42% 0.42%
Binance ZIL/ETH $0.0203 0.25% $419,158 0.34% 0.43%
Binance ZIL/BNB $0.0202 -0.36% $275,351 0.37% 0.91%
CoinOne ZIL/KRW $0.0205 1.5% $261,177 0.84% 1.3%
Gate.io ZIL/USDT $0.0203 0.24% $237,124 0.64% 1%
Bittrex ZIL/BTC $0.0202 0.04% $93,574 0.54% 1.1%
Gate.io ZIL/ETH $0.0204 1% $16,537 1.5% 5.9%
Bitfinex ZIL/BUSD $0.0202 0% $5,757.74 3.2% 3.6%
Bitfinex ZIL/BTC $0.0213 5.5% $728.06 5.6% 21%
Bitfinex ZIL/ETH $0.0203 0.25% $1.0910 41% 61%
Lykke ZIL/BTC $0.0219 8.2% $0.0000 50%
Lykke ZIL/ETH $0.0229 13% $0.0000 37%

Latest Zilliqa NewsLatest Zilliqa News

Zilliqa (No airdrops or ETH giveaways) on Twitter

Don't lose this opportunity to learn more. #ZILHive accelerator programme encourages innovation and will reward select projects with support from @longhashhatch and @zilliqa over the course of 12 weeks. Visit now: https://t.co/GJ0PsPpYMF… https://t.co/MKMDdxTU5J

Zilliqa on Twitter ReadRead 

Zilliqa (No airdrops or ETH giveaways) on Twitter

You were missed @MaxKantelia!…

Zilliqa on Twitter ReadRead 

Zilliqa (No airdrops or ETH giveaways) on Twitter

Our @futureofbchain Zilliqa Challenge Winner comments on existing biases in navigation systems with @jaxentercom & discusses the potential of decentralised solutions that allow us to navigate with confidence and trust. https://t.co/ZJyDh6ilOe What a great project @The_Alien_Mind!

Zilliqa on Twitter ReadRead 

Amrit Kumar on Twitter

Introducing Procedures in Scilla. They are like "private" transitions (can't be called from outside) and effectful (can change the contract state). See the difference between the Donate transition in a Crowdfunding contract w/ and w/o procedures. #LessVerbosity #Scilla @zilliqa… https://t.co/NxAc1Ff8Sy

Zilliqa on Twitter ReadRead 

Crypto Briefing on Twitter

As @Zilliqa looks to hatch a new series of #dApps, it has launched an incubation program to help dev teams create an #MVP in 12 weeks. The joint effort with @LongHashData sees $5M committed to a breeding ground for new projects on the #sharding platform. https://t.co/gx8L5NJCW9

Zilliqa on Twitter ReadRead 

Zilliqa (No airdrops or ETH giveaways) on Twitter

Thanks for your creative entries for the #zilliqaday2019 twitter contest! We are consolidating entries over the next few days. If any entries have been missed, please let us know via the community channels. Winners will be announced next week!! $ZIL

Zilliqa on Twitter ReadRead 

Zilliqa (No airdrops or ETH giveaways) on Twitter

What comes on a blockchain after achieving scalability and security? - 1. Payment and settlements with the traditional financial institutions - 2. Easy integration of blockchain with existing tech stack In other words: #bcommerce #zilliqa… https://t.co/iaKSnq6Yjk

Zilliqa on Twitter ReadRead 

Zilliqa (No airdrops or ETH giveaways) on Twitter

BIG NEWS! We are thrilled to share that we have collaborated with fintech payments solutions provider @xferspay to drive efficiencies in cost, transparency and #scalability to their platform using our #SmartContracts infrastructure. #ZilliqaDay2019 #ZIL #scilla… https://t.co/UzCipaffi2

Zilliqa on Twitter ReadRead 

Zilliqa (No airdrops or ETH giveaways) on Twitter

ZilHive program. Details soon. #progressNotHype…

Zilliqa on Twitter ReadRead 

Zilliqa (No airdrops or ETH giveaways) on Twitter

Thrilled to announce that we are collaborating with @longhashhatch on ZIL Hive, an accelerator programme which will support promising innovation track projects building on ZIL #ZILHive #BuildOnZIL. This kicks off in September and we will share updates on the way!… https://t.co/11hwCUI99X

Zilliqa on Twitter ReadRead 
This information is provided AS IS and is not adviceThis information is provided AS IS and is not advice. May contain errors or omissions. Please always do your own research before trading.May contain errors or omissions. Please always do your own research before trading.
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