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Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread - 🚀 BTC Airdrop Now 🚀
by
monsanto
on 24/12/2017, 20:05:49 UTC
this coin gonna be smth awesome, buy now )

it's good time to buy semux ,mainnet will launch Jan 2018 ,  will have VM and smart contracts , bright future !

VM and SC coming later 2018, but still on plan

Completely new project, no rewrite, no clone.

Just experience, new codebase and the very best consensus algorithm available

Very excited about Semux.  The software is very stable and fast, nice block explorers too.
With 10,000 txs/sec + smart contracts, this is a serious contender solving real serious problems.

To be exact the system is processing 5000 tx/block with 30s Blocktime.
166 tx/s actually.

Still: first point of evaluation, 10.000 tx/block are not unrealistic until mid 2018

I find the way this consensus algorithm incentivizes transaction performance really fascinating.  Regular PoW incentivizes brute force hashrate so I think the direction that Semux is moving in will be one many projects will take. Still curious to know what kind of block size limit there is. Anybody know how big the 5000 tx test blocks were?