PR – First Blockchain to Use Proof-of-edit-distance (PoED), the Block Collider joins Cofound.it Seed ProgramsteemCreated with Sketch.

in #cryptocurrency7 years ago

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The Block Collider is the first blockchain to be built on the Financial Information eXchange (FIX) protocol which is used by hedge funds to conduct high frequency trading.

The team, ex-quants have developed a high speed trans-blockchain crypto currency called Emblems which when coupled with a new mining algorithm called “proof-of-edit-distance” (PoED) which enables live swaps between blockchains, inter-block time trading, and most importantly the ability to schedule transactions to execute on their own.

Lead by co-founders Patrick McConlogue (prev. Citadel) and Arjun Raj Jain (prev. Wharton) the platform has joined Cofound.it’s seed portfolio team for guidance managing the upcoming ICO.

Using technology developed by the Block Collider the ICO will be available on five blockchains simultaneously including Ethereum, Counter-Party, Bitcoin, Waves, and NEO.

To complement the complex technology and help with exploring the functionality of the protocol the team has developed a series of flagship applications built on the Block Collider.

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live swaps between blockchains

basically atom swaps on other blockchains. However,

the ability to schedule transactions to execute on their own

If true is a real deal. Noted and would keep an eye out. Thanks for posting!

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