Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [ICO] 🚀🚀🚀 Bit.Team - New Cryptocurrency Exchange with BTT Token! 🚀��🚀
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Bit.Team Official Support
on 21/12/2018, 08:23:56 UTC
Quote from: visoja on December 21, 2018, 08:23:40 AM
Quote from: Bit.Team Official Support on December 21, 2018, 08:23:21 AM
Quote from: visoja on December 21, 2018, 08:23:02 AM
I just want to ask, since you’re Ethereum based exchange, wouldn’t you think scalability would also be an issue?
Hello. I do not think it will. With a high level of automation that Bit Team platform has, it shouldn't be a problem. BTT is ERC20, our platform is blockchain based but not necessarily means that we will have the same network transaction limitation with Ethereum.
We should have a different approach on that  and there are lots of mechanisms that Bit Team platform would implement.  This will be discuss on a technical short paper that we will release soon.

 Okay that sounds great!
An what can you tell about network consensus with respect to time?

Well as you know we are still on PoW (Ethereum). When a hardfork happens that was strategically moved by next year, and so, (block size incrementation can only happen via hardfork) we will move to PoS when Casper V2 is released that will validate every hundred block (checkpoints). Not to mention sharding, which ever comes first it will be inherited by Bit Team platform that will solve network transaction latencies and discrepancies.