Re: [ANN][SEM] Semux - Official Thread - 🚀 BTC Airdrop Now 🚀

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?

The block size is currently limited to 2MB.
About ~9000 TXs can be processed each block under such limitation.

Wow, 9000 txs per block. It means 300 per second.

Did we try and achieved that like we did with 5000tx or it is just a number we can reach for now?

AFAIK 10k were tested

what is the mean? what is AFAIK ? i can't understand.