Twice As Fast - Among theWorld's Fastest Blockchains
LONDON, UK - MediaOutReach - July 14, 2018 - DasCoin,the Currency of Trust and the store of value within DasEcosystem, has achieveda remarkable milestone by implementing Graphene technology to provide theDasCoin Blockchain with a 50% blocktime speed reduction.
This incredibly fast new speed of threeseconds per block ranks the DasCoin Blockchain amongst the fastest on theplanet. With an expectation that higher volume will be required through theecosystem's future payment solutionand the wider use of DasNet, scalability and speed are key strategic goalsfor the DasCoin development team.
The blockchain will further strive to stay the fastest, most reliableand securest settlement system available, providing a first-class service toits global community of users. Michael Mathias, CEO of DasCoin said: "This isan incredible achievement for DasCoin and our expert team of developers and wasmade possible by our choice of deploying Graphene technology in our Blockchain.We are striving to position ourselves as the Currency of Trust for the newdigital economy and today's announcement positions us to capture a leadingposition in the blockchain-enabled payment solutions sector."
Thanks to the superior governance system of the underlying blockchaintechnology called Graphene, it is possible to tune critical operationalparameters of the blockchain in near-real time. In contrast to othertechnologies, these changes can execute and go live in the entire blockchainsystem even without the need for every participant and server to upgrade thesoftware. This allows the Graphene technology to modify system-criticalparameters like the maximum block size in as little as 30 minutes.
Prior to today's technology implementation, the DasCoinBlockchain had set a new standard with six-second blocktime tranasctions.
About DasCoin: DasCoin is a better way to store and exchange value and is thenext step in the evolution of money.
DasCoin is the blockchain-based currency at the center of aninnovative digital asset system that seeks to optimize the strengths andeliminate the weaknesses of existing currency systems. It is fast,efficient, balanced, secure and scalable.
DasCoin is focused oncreating a digital currency that delivers superior performance throughgreater operational efficiency, increased transaction capacity, widerdistribution, better governance and greater regulatory compliance. Protected byindustry leading security protocols and a permissioned blockchain, DasCoin is apioneer in the sector with the goal of becoming the world's firstmainstream digital currency.