Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BOS] 🔹🔹 BOScoin 🔹🔹 Self-Evolving Cryptocurrency Platform🔹��
by
jacaf01
on 13/12/2017, 16:34:52 UTC
I hope Kucoin processing will not be a problem. I think it might be a little tense because it's a new chain on the other side.

I would like to see the speed of the transaction when there are multiple transactions being done through bos.
ETH proved to be slower with crypto kitties, so don't want to see the same fate for boscoin.

ICOs btw. DAPPs like Crypto Kitties can congest BOScoin the same way just on another level.
This surely will happen to BOSnet, too, if no countermeasures are taken.
A counter measure could be e.g. separated processing lines on the network which don't allow a single DAPP to consume more tha a certain percentage (say 20%) of the whole network.

If a single Dapp is provided 20% of the network won't there be many similar dapps coming in and congesting the network? 20% seems to be too much here.

the assumptions are that BOScoin can be reached on chain 1000 tps with low latency as possible, quick blocks and full decentralization through application mFBA consensus.
this allows to maintain not only "cryptokitties" but dozens of other applications without overloading the network, whereas the speed of ethereum is 15 tps and slow POW consensus...

also has an advantage over dpos consensus
https://medium.com/@boscoin/dpos-mfba-c84bae2e21ae

I like what boscoinsale said, assumption, in practice, how much transactions do your team think is possible per second, because to me i don't think the transaction speed is the most important think a network can possess if not the security, I have seen so many project lay claims to alot of things but no one is using them because they have not proven they are secured