Twice As Fast - Among the
World's Fastest Blockchains
LONDON, UK - Media
OutReach - July 14, 2018 - DasCoin,
the Currency of Trust and the store of value within DasEcosystem, has achieved
a remarkable milestone by implementing Graphene technology to provide the
DasCoin Blockchain with a 50% blocktime speed reduction.
This incredibly fast new speed of three
seconds per block ranks the DasCoin Blockchain amongst the fastest on the
planet. With an expectation that higher volume will be required through the
ecosystem's future payment solution
and the wider use of DasNet, scalability and speed are key strategic goals
for the DasCoin development team.
The blockchain will further strive to stay the fastest, most reliable
and securest settlement system available, providing a first-class service to
its global community of users. Michael Mathias, CEO of DasCoin said: "This is
an incredible achievement for DasCoin and our expert team of developers and was
made possible by our choice of deploying Graphene technology in our Blockchain.
We are striving to position ourselves as the Currency of Trust for the new
digital economy and today's announcement positions us to capture a leading
position in the blockchain-enabled payment solutions sector."
Thanks to the superior governance system of the underlying blockchain
technology called Graphene, it is possible to tune critical operational
parameters of the blockchain in near-real time. In contrast to other
technologies, these changes can execute and go live in the entire blockchain
system even without the need for every participant and server to upgrade the
software. This allows the Graphene technology to modify system-critical
parameters like the maximum block size in as little as 30 minutes.
Prior to today's technology implementation, the DasCoin
Blockchain had set a new standard with six-second blocktime tranasctions.
About DasCoin: DasCoin is a better way to store and exchange value and is the
next step in the evolution of money.
DasCoin is the blockchain-based currency at the center of an
innovative digital asset system that seeks to optimize the strengths and
eliminate the weaknesses of existing currency systems. It is fast,
efficient, balanced, secure and scalable.
DasCoin is focused on
creating a digital currency that delivers superior performance through
greater operational efficiency, increased transaction capacity, wider
distribution, better governance and greater regulatory compliance. Protected by
industry leading security protocols and a permissioned blockchain, DasCoin is a
pioneer in the sector with the goal of becoming the world's first
mainstream digital currency.
codebase can be viewed on GitHub and
visit DasCoin Explorer to see blocks
built in real time