What is Zilliqa (ZIL)?

Deep Dive

1. Purpose & Scalability Solution

Zilliqa was created to solve blockchain scalability. Its foundational innovation is network sharding, which divides the network into smaller groups of nodes to process transactions in parallel. This design allows it to achieve high throughput. The platform is now home to many decentralized applications (dApps). The project's vision evolved with Zilliqa 2.0, launched in June 2025, which refocused the platform on being "institution-ready" for use cases like tokenized real-world assets (RWAs) and compliant DeFi (Zilliqa).

2. Technology & Ecosystem Evolution

The Zilliqa 2.0 upgrade was a complete protocol overhaul (CoinMarketCap). Key technical pillars now include a Proof-of-Stake consensus model, full Ethereum Virtual Machine (EVM) compatibility, and customizable "X-shards." EVM compatibility means developers can deploy Solidity smart contracts using familiar tools like MetaMask, lowering the barrier to entry. The ecosystem is supported by initiatives like the GZIL Collective, an on-chain DAO that funds developer projects (Zilliqa).

Conclusion

Zilliqa is fundamentally a scalability-focused Layer 1 blockchain that has reinvented itself with a modular, EVM-compatible architecture aimed at bridging decentralized networks with institutional finance. Will its technical overhaul be sufficient to attract the developers and regulated applications it's now built for?