The important update of DasCoin.

in #dascoin6 years ago (edited)

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Three seconds per block on super-fast blockchain

DasCoin are delighted to announce a really exciting landmark moment: the DasCoin blockchain speed has been cut in half, from six seconds to three seconds per block.

A three-second block time makes the DasCoin blockchain one of the fastest in the world. 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 points 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.

Superior governance structure via Graphene technology

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.

It was due to this superiority that it became possible for DasCoin to halve the block confirmation times. Transactions now confirm in only 1.5 seconds on average, equivalent to the BitShares Blockchain (also Graphene based) which has recently proved capable of processing at least five million transactions per day in a distributed network on an immutable blockchain.

The DasCoin codebase can be viewed on GitHub while you can always head to the the DasCoin Explorer to see the blocks built in real time.

Link: http://www.dasrev.com/news/fast-blockchain-now-twice-rapid/

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