Alephium team started a project with aims to scale blockchains to handle tens of thousands of transactions per second [10,000+ TPS] in an open, permissionless network. And In late 2018, they achieved a peak throughput of over 10,000 TPS during tests of their Alpha version with consumer-grade AWS instances.
There are many team currently working on providing high TPS blockchains, but Alephium team is working on some additional features as well, but one particular feature is I liked is, it support for cross-shard transactions which provides a user experience, similar to single-chain platforms.
The details of the project and its features can be found at below article-
https://ambcrypto.com/alephium-pushes-the-boundaries-of-blockchain-performance-scalability/
Next is the testnet. Would this be made public? Would there be a reward for participating developers?
Would be great though.
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Lol, rewards will definitely make people participate in the testnet. But in all, I hope this works out well for them.
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I think it’s a good time to launch a project. They have launched their alpha version and soon they’ll have thier testnet. Hope they pull this one off.
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A good way to measure the alpha test is buy getting enough users to test the network at once to measure its scalability.
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And a good way to get people, I mean a huge number of people to participate in the testnet is to give out incentives to the participants.
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that is if they can achieve what they set out to achieve
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Alephium has been able to make a substantial impact in the industry, owing to the establishment of an algorithm which has made it possible for over 10,000 transactions to be processes in less than a second. Am delighted to know that the speed of transactions are getting faster by the day.
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I really don't think they have implemented anything yet to make this claim. I am expecting that since they come from a reputable organization they should be able to deliver on it
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This is obviously a great step towards blockchain mass adoption kudos team
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Even it is great thing that they are still working for additional features. We will see something interesting soon about this.
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First time I hear about them. Their BlockFlow algorithm looks really interesting. Did they plan to have a token sale, too?
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When is the plan test net and possible mainnet for this peak transaction target?
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Since how long this project is running? It seems they already tested alpha. So must years passed, but I don't see any token sale info.
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a new blockchain project, which isn't really that new anymore. But I haven't heard anything about it yet. Looks interesting, comes on my list for the promising projects. Thanks for the hint
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