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.

Thanks for the info. Impressed so far with the dBFT protocol. I guess with 2MB block limit, and 30 second block times, at max limits SEM blockchain would grow 40x as large as BTC blockchain. But the beauty of the dBFT is those 100 validators will be able to handle it.