Re: XTblock is a hyper-capable network for a high-performance blockchain
In a nutshell, how will XTblock address the problems facing blockchain today?
It's no secret that blockchain technology has tremendous potential. But let's face it: it has a plethora of issues that make using it that much more complicated, and often impractical. For example, limited scalability leads to overall slow transaction speeds and higher fees.
Do you recall August 2020, for example, when the Ethereum network suffered issues that led to stratospheric fees and glacial transaction speeds? This is just not sustainable in the long term.
XTblock seeks to deliver solutions that will effectively tackle the problems that continue to plague the blockchain industry – namely limited scalability, high latency and low transaction speeds. Our unique time sharding architecture, as well as several other enhancements have been designed and developed to solve these problems. Importantly, XTblock's hyper-capable network will also be able to enable two critical and high-potential realms of technology: Decentralised Artificial Intelligence and Bot computing, which opens up a whole new universe of possibilities.
It's no secret that blockchain technology has tremendous potential. But let's face it: it has a plethora of issues that make using it that much more complicated, and often impractical. For example, limited scalability leads to overall slow transaction speeds and higher fees.
Do you recall August 2020, for example, when the Ethereum network suffered issues that led to stratospheric fees and glacial transaction speeds? This is just not sustainable in the long term.
XTblock seeks to deliver solutions that will effectively tackle the problems that continue to plague the blockchain industry – namely limited scalability, high latency and low transaction speeds. Our unique time sharding architecture, as well as several other enhancements have been designed and developed to solve these problems. Importantly, XTblock's hyper-capable network will also be able to enable two critical and high-potential realms of technology: Decentralised Artificial Intelligence and Bot computing, which opens up a whole new universe of possibilities.