Asa newbie, I was making a lot of research to know more about the platform and I discovered this interesting article by Forbes .
Here are some excerpts:
“I’ve never gone into battle with this much ammo in all my time at Lockheed Martin LMT +2.30% and SAIC ,” says Stan Larimer, a 40-year veteran of the American aerospace industry and President of Cryptonomex Inc., a US software development firm whose engineers have built what is touted as one the “most advanced blockchain architectures” and platforms on the market – OpenLedger.
“We’ll start logging transactions every 3 seconds and then gradually throttle up till we see what rate people on the other side of the planet can handle,” says Dan Larimer. While real time is about 1 second, which limited by the speed of light circling the globe through all the Internet connections, 3 seconds is a great improvement over traders waiting an hour between the steps in a chain of trades.”
OpenLedger runs a shared public ledger based on the BitShares.org block chain, a technology from Cryptonomex that Larimer proclaims is “three generations beyond Bitcoin.”
It’s claimed to be fast enough to host every single cryptocurrency transaction taking place in the world today, with enough scalability left over to handle a major bank credit card.
“We can trade peer to peer anywhere in the world in a few seconds”, says Boesing, CEO of CCEDK, a Denmark crypto currency exchange. “We’ve got capacity for every existing exchange to become a member of our network, treating their own customers to the combined market depth of all exchanges on a shared transparent ledger.”
Go give it a read. It's really an interesting read and gives an insight to how it all started.
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