Post
Topic
Re: 🌟 ⚡🚀ANN: GATCOIN Blockchain Rewards Program for Mainstream Retailers🌟 ⚡🚀
by
ben_GAT
on 16/10/2017, 11:06:58 UTC
That is an impressive performance.

Who can run Super Large Ledger nodes? Are they restricted to consortia merchants and GATCOIN? So while the GAT Coins live on the decentralized Ethereum network, the Merchant Tokens could be considered more or less centralized, if not in terms of hardware but in terms of control?

and what is the speed of the gatcoin token then? i assume the max to 100tps, due to the token being on the ethereum blockchain, or am i wrong?

Yes because GATcoin token will be on the ethereum platform it won't profit from the transaction speed of the SLL technology.

I think the idea is that Merchant Tokens will need much higher TPS than the GAT Coins. The Merchant Tokens are used by customers in the real world, while the GAT Coins are used for buying and selling Merchant Tokens in the crypto market.

Spot on. The GAT Coins will be limited by the max speed of the Ethereum network. The Merchant Tokens will run much faster with SSL and will circulate on a consortia network where GATCOIN and merchants control the nodes.


While you're here, can you tell us when the SSL blockchain documentation will be out? Chain itself will be out Q2/Q3 next year am I right?

Sure. We are aiming to release documentation on this in Q2 next year. Prof Tsai is currently working on an academic paper on the SSL blockchain and will like to publish in a financial journal as well. The blockchain itself will be released along with the beta in June 2018.


Will this be public on Github? Is prof Tsai writing a blockchain form scratch or is he using an existing one as a baseline and build on top of that?

We won't be publishing it on Github. Prof Tsai has already built a prototype blockchain that was tested and we will be taking that prototype and adapting it for GATCOIN.