Post
Topic
Board Tokens (Altcoins)
Re: [ANN] KStarCoin - Blockchain for K-Pop Concert & Incentivised Hallyu Community
by
Cloud4Y
on 19/11/2018, 18:04:18 UTC
Now there are so many ICO projects on ethereum, you also chose this blockchain system for your token, but at the same time write that for the platform you will use something else. How can it be?
That's right, we generated the token using the Eethereum blockchain, but for the platform to work, we don’t have enough of the capabilities that this blockchain system provides, so we will use a SOBLO.
And what are the features of this system, what advantages does it give you?
To be able to process this huge traffic, one would require a system that can process transactions faster than the typical blockchain system. ’soblo’ (Society of Blockchain) is a project born to solve this issue. By using a consortium based blockchain that uses PBFT consensus algorithm, Soblo will be able to process up to 1000 transactions per second. Also, DApp developers that are members of the consortium will have a free smart contract environment as well as technical assistance.

That is, if companies decide to interact within the framework of this blockchain structure, they don’t even need to use the same cryptocurrency? Can they customize the system?
SOBLO free blockchain consortium structure will operate based on good faith. In this structure,
1. The nodes will operate in good faith and without coin rewards. It will therefore not need miners and will not waste electricity.
2. By combining many blockchain projects into one consortium, it will save tremendous amount of resources by different organizations.
3. By organizing the consortium in an effective manner, it would still serve, effectively, as a decentralized
system.
4. Due to the structure of the blockchain consortium, it will operate fast and without cost. This will
ultimately lead to the creation of blockchain services that can be applied and used in real life situations and
overcome the problems that many current platforms face in its application to real businesses.
You can learn more about this structure in the article https://medium.com/@KStarCoin/kstarlive-doogle-legalblock-and-underpin-join-forces-to-create-soblo-433100d51c7