A More Scalable Option - CRYPTASSIST

Cryptocurrency mass adoption can only be made possible when there is a more robust option to cryptocurrency use. Now how does mass adoption happen? Mass adoption can only happen when the scalability issues of cryptocurrency are solved and the complex nature of cryptocurrency as well be made easier for a common man to use.

I want to discuss the scalability challenges and how it can be solved. The Ethereum blockchain over time now has been a better option for deploying dApps and some other DAOs. The Ethereum blockchain has enhanced the smart contract options and has helped many organizations and individuals transact more using the smart contract. All this has to an extent made transactions and trust more enhanced as the smart contract has served as a bridge between two persons in a business and thereby the middlemen has to a large extent been eliminated. But, there is a major challenge which the Ethereum network keep facing from time to time. Whenever there is a rush or there is an ICO which many people are rushing to take part in, the network is always clogged and transactions can either be delayed for hours or don’t go through. Not only this, at such times, the transaction fees are exorbitant and many get scared away from using the network. If an enterprise was using the network at such time to close a business deal, such deals are not always successful because of the lag and clogs in the network.

This has to a large extent kept many away from using cryptocurrency for their day to day transactions. The same is said for the bitcoin network. Sometime last year, the network was clogged too and transaction confirmation could take days before it gets processed. All these scalability issues as seen today have to a large extent kept many investors and businesses whom could have loved to use the blockchain and cryptocurrency as their payment gateway away from using cryptocurrency. The issue of security is also a challenge and has on the same note stalled mass adoption as the not so knowledgeable users are scared of multiple hacks happening to them at any point in time. But there is a change, a revolution, a new way and a new approach to cryptocurrency.

Cryptassist Solution

Cryptassist's aim is to solve the scalability issues as seen today in the cryptocurrency sphere and make the use of cryptocurrency an easy to use ecosystem for everyone who will like to use it. Now how does cryptassist plan to solve this scalability issues?. Cryptassist will be enhancing scalability through the introduction of a faster transaction confirmation that is cryptassist is introducing high speed and faster transaction per second. Unlike what is seen in many cryptocurrencies, cryptassist is providing a transaction speed of 3,500 Tps. The Ethereum network can handle 20 Tps while Btc handles 7 Tps. This is to say that with cryptassist, the coffee shop owner or pizza seller who could have adopted cryptocurrency but never did because of scalability can do that now by choosing the cryptassist cryptocurrency due to the enhancements cryptassist has brought into the cryptocurrency sphere. With cryptassist, one can make multiple transactions at the same time and won't be scared of a clogged network or a slow transaction confirmation. Cryptassist is a new dimension to cryptocurrency and pioneering mass adoption all thanks to her high scalability.

Official Links

Website:https://www.cryptassist.io/
White paper :https://www.cryptassist.io/assets/downloads/whitepaper.pdf
Telegram: https://t.me/CryptAssistCoin
ANN Thread. https://bitcointalk.org/index.php?topic=4553885.0

CONNECT WITH ME: https://bitcointalk.org/index.php?action=profile;u=2156513