Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SKUNKHASH] Magnatum - Signatum Fork - No Limit - Unique Feature
by
faustcollect
on 31/08/2017, 00:43:40 UTC
What this coin will offer that is a really big thing as they said ?(since it has been said that sigt is nothing but a new hash algo)
thanks!

Many coins like Bitcoin have the same problem with the transactions speed. When many people use the coin there are lots of transactions every second in the coin network, but the coin algorithm can't handle them all because of a fixed time of block generation.

For example, the Bitcoin network can handle only 7 transactions per second and no more. Thus, there is an increasing queue of unprocessed transactions which is slowing the transactions speed. 

Magnatum has a unique feature which helps to solve this problem and transactions in the magnatum network are always fast, independently of the number of coin's users.

Its block generation algorithm (called LiquidBlocks) is able to change the speed of generation to decrease the time of transaction processing. Changing of generation time doesn't influence on the coin emission because of a proportional changing the reward amount.

I believe that the developer will tell us more about the LiquidBlocks feature in the coin white paper.