Russian programmers have created alternative blockchain


2018-03-06 19:00:05




1Like 0Dislike


Russian programmers have created alternative blockchain

Startup MetaHash developed and launched technology TraceChain a decentralized distributed registry. Its creators note that the network bandwidth based on TraceChain much higher than that , — reports Cryptonomist with reference to ComNews.

«This is a more advanced version of the blockchain, which uses artificial intelligence AI TraceChain for fast signal transmission across a network and architecture that allows you to validate more than 50 thousand records per second with the check transactions to all nodes of the network» — explains PR-Manager MetaHash Olga Chekina.

In a modern block chain the transaction takes place on average for a few minutes, TraceChain almost all transactions «fly» in seconds. Developers report that conducted tests in which the throughput of a distributed network already amounted to 60-80 thousand transactions — this is comparable to the power of Visa or MasterCard.

For TraceChain does not require expensive supercomputers and any special technological solutions, therefore, can provide not only fast and inexpensive transactions, but will significantly save on electricity. To run the network is enough to rent a cheap server for $ 40 per month.

Development startup led for about five years, deliberately not using any of the investments, therefore, everything that the company has currently created its own means and efforts. Now the guys are preparing to host the ICO, after which developers will be paid the fees, and the project will become fully non-commercial.

Technology TraceChain can be applied when designing games, instant messengers and other applications, it is useful in decentralized exchanges, file storage and more. Public network testing is scheduled to start in April, so everyone can give it a try. Purse to work with the network will present concurrently with its launch.

We Have a live chat where you can discuss the news of high technologies. ! Do not forget that discuss cryptocurrencies can be , and to talk about iron mining.

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Google has released a new

Google has released a new "musical" product

Users always expect new products from Google, no matter what was discussed — about the next version of the Android operating system, the new Nexus or other services and products.

AI AiFi system automatiseret any store

AI AiFi system automatiseret any store

the developers of the us start-up has decided to compete with Amazon by releasing its own artificial intelligence system, capable of automating any shop.

Microsoft Word became assistant of

Microsoft Word became assistant of "black" miners

Hackers wish to get hold of the cryptocurrency at the expense of others, do not stop by any means trying to use any, even the most dubious loophole to access the capacities of other computers.