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Zilliqa is a blockchain platform for decentralized apps under development attempting to address blockchain scalability primarily through sharding. The development of the platform was inspired by Elastico, a sharding protocol developed at the National University of Singapore. On October 12, 2017, Zilliqa claimed to have developed a testnet with sharding capable of processing 2,488 transactions per second. Zilliqa tokens are called Zillings (ZIL). It is used to pay for the services provided by the nodes.
Zilliqa token generation event allocated 30% of ZIL tokens to community contributors, 30% for development of the project, and 40% for as incentives for miners to secure the network. Zilliqa delivered the keynote presentation at the SGInnovate conference on October 5, 2017.