The ZILLIQA Technical Whitepaper

The ZILLIQAT echnical Whitepaper [Version ]August 10, 2017 The @zilliqaAbstract Existing cryptocurrencies and smart contract plat-forms are known to have scalability issues, , the number oftransactions they are capable of processing per second is limited,usually less than 10. As the number of applications utilizingpublic cryptocurrencies and smart contract platforms grow, thedemand for processing high transaction rates in the order ofhundreds and thousands of Tx/s is this work, we presentZILLIQA a new blockchain platformthat is designed to scale in transaction rates. As the number ofminers inZILLIQA increases, its transaction rates are expected toincrease.

platforms, ZILLIQA relies on elliptic curve cryptography for digital signatures and a memory-hard hash function for proof-of-work (PoW). Throughout this whitepaper, we extensively use SHA3 [6] hash function to present our design. SHA3 is originally based on Keccak [7] which is widely used in different blockchain platforms in particular Ethereum.

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Tags:

  Curves, Cryptography, Elliptic curve cryptography, Elliptic, Zilliqa

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