PCHAIN - A Blockchain Ahead Of Its Peers

in #blockchain6 years ago

pchain-review.jpg

I have always had a knack for anything that is fast, fast cars, fast phones, fast computers, fast food (lol) and as a blockchhain enthusiasts I love fast transactions. The introduction of bitcoin in 2009 opened my eyes to how fast a transaction can be through the use of blockchain and ever since, I have ensured to follow this new technology keenly.

Just the other day, I was surfing through Twitter and a post suddenly caught my attention. I saw a new project that recorded as high as 123,424 TPS (Transaction Per Second), a number that is way higher than that of Bitcoin and Ethereum (the biggest two in the world of cryptocurrency) and my disbelief made me pick a special interest in the new boy on the block - The name of this project is PCHAIN.

PCHAIN is the first native multi-chain system in the world that supports EVM (Ethereum Virtual Machine) with an attempt to improve on the already working architecture to make large scale application possible through multichain, sharding and smart data. The PCHAIN network uses a combination of solidity (a new programming language supported by EVM) and EVM for smart contracts in its main-chain and side-chain to enable an existing EVM user build a new or migrate to an existing DApp (Decentralized Application) on the PCHAIN network quickly.

The post about their Testnet can be found here

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If you need the video directly, however, you can find it here:

Starting from today (15th September, 2018), the PCHAIN team will be distributing 20 Testnet Tokens (tPAI) on a daily basis by 6pm SGT till the 30th of September, 2018 to those who have a registered wallet with them. You too can earn yourself some precious tPAI by following the steps listed here

What are the advantages Of the PCHAIN netwwork?

  1. With PCHAIN, there is an high fault tolerance as errors will not occur on the main-chain (it takes only records). When error happens in a side-chain, other side chains and the main-chain will not be affected, leaving only the affected side chain to be corrected.

  2. PCHAIN supports expansion as it enables the deployment of a new DApp with expanding side chain making the growth of the side chain unable to cause any problem with its consensus mechanism.

  3. PCHAIN supports large scale transaction by making congestion less likely to happen when many DApps and transaction in each DApps is deployed in the ecosystem.

For more on PCHAIN, use the following links:

Blog/Medium: https://medium.com/@PCHAIN

Steemit: https://steemit.com/pchain/

Telegram:
https://t.me/pchain_org2
https://t.me/pchain_org_ann

Twitter: https://twitter.com/pchain_org

Reddit: https://www.reddit.com/r/Pchain_Org_Official

Github: https://github.com/pchain-org

Website: https://pchain.org/

Whitepaper: https://pchain.org/js/generic/web/viewer.html

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Good article, I am following you please follow me back

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