Modified on: Fri, 29 Sep, 2023 at 2:54 PM
ZIL is the native token of the Zilliqa blockchain used to power DApps, pay for platform fees, secure the network via staking, and more.
Zilliqa is the world’s first sharding-based blockchain built to solve the blockchain trilemma of scalability, security, and decentralization. Zilliqa utilizes its unique sharded architecture to enable parallel transaction processing while maintaining its large quantity of public nodes. This enables Zilliqa to provide greater transaction throughput and reach higher Transactions Per Second (TPS) than other Smart Contract platforms, positioning Zilliqa as an enterprise-level blockchain that can challenge traditional centralized payment methods.
Notably, Metapolis, the Metaverse-as-a-service platform, is built on Zilliqa. Metapolis’ cutting-edge XR Metaverse provides the underlying technology and infrastructure to open up the Metaverse to anybody and allow all users to maintain and create their own Metaverse.
More information here https://www.zilliqa.com/
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