The Blockchain industry is gaining wide recognition that is undeniable today with a breaking record of market capitalization more than 500Billion in the year 2017 with Bitcoin and Ethereum taking the lead in the industry and as result of these growth crytpocurency is coming to the mainstream
Bitcoin and Ethereum which were widely use as means of transaction between peer to peer , POS,POW and last but not the least building of token on the Ethereum smart contract where very exciting and but also this comes with tough challenges which have make the Blockchain industry to gain less adoption of cryptocurrency asset .
Bitcoin and Ethereum which were widely use as means of transaction between peer to peer , POS,POW and last but not the least building of token on the Ethereum smart contract where very exciting and but also this comes with tough challenges which have make the Blockchain industry to gain less adoption of cryptocurrency asset .
The major reason behind the less adoptions of the cryptocurrency such as the Bitcoin and the Ethereum is the issue of the stability.
Scabiltiy is big issues which many have try to solve such as the eBTC but all to no avail. Ever Since the decentralized ledger that laid the structural foundation of a Blockchain is still increasing and is now getting bigger than ever before with every block been added to the chain, the scalability challenges is an inherent challenges in the new dispensation of the blockchain technology. However, decentralized networks often surge the cost of maintenance and transactions, the main is that the nodes need to be incentivized to validate the network per time.
Although this surge and increase in the number of nodes in the network the harder for these nodes to reach their consensus.
Scabiltiy is big issues which many have try to solve such as the eBTC but all to no avail. Ever Since the decentralized ledger that laid the structural foundation of a Blockchain is still increasing and is now getting bigger than ever before with every block been added to the chain, the scalability challenges is an inherent challenges in the new dispensation of the blockchain technology. However, decentralized networks often surge the cost of maintenance and transactions, the main is that the nodes need to be incentivized to validate the network per time.
Although this surge and increase in the number of nodes in the network the harder for these nodes to reach their consensus.
All these scability challenges result to delay in confirmation of transaction of bitcoin and ethereum network such as we experience in the last quarter of 2017 and early first quarter of 2018. Many transactions where stucked up and pile for days before confirmation is done and the receipt of such transactions can receive the bitcoin or ethereum as the case may be.
Despite all these challenges ravaging the blockchain industry, The SEYBLOCK uses the sophisticated and more reliable technology to revolutionize the blockchain industry for mainstream adoption of cryptocurrency asset. The SEYBLOCK uses the stellar lumen technology to provide a lasting solution to the scalability challenges discuss above.
The SEYBLOCK is cryptocurrecny platform that is built on the state of the art facilities with the best software of all time recorded since the history of the blockchain technology to create an ecosystem where there be no more scalability issues and every individual and cooperate bodies in the blockchain industry can enjoy transactions irrespective of their geopolitical locations across the nation of the world
The SEYBLOCK with the limited total supply of 30million uses a peer to peer network using the SCP to bring a revolutionize and a lasting solution to the scability issues in the blockchain industry and this technology the SEYBLOCK uses is what the mainstream is waiting for the adoption of the crypto asset.
WHY THE SEYBLOCK USES THE STELLAR NETWORK TO PROVIDE SOLUTION TO THE SCABILITY CHALLENGES
The steller network have fast rate of confirmation of transaction than the bitcoin or ethereum network
The stellar network can process more 2500 transactions in seconds but the bitcoin lack this speed.
The steller network have fast rate of confirmation of transaction than the bitcoin or ethereum network
The stellar network can process more 2500 transactions in seconds but the bitcoin lack this speed.
Other features of the SEYblOCK
The cost of transaction: the fees charges per transaction of with the seyblock ecosystem is very cheap and almost negligible
The security of asset: at the heart of the SEYBLOCK platform security is top most priority to protect user’s asset form cyber-attacks using a dynamic surveillance in monitoring user’s asset 24/7. With the SEYBLOCK are asset in your portfolio are safe and secure in good condition
Final thought
The SEYBLOCK is here stay and to solve the scalability issue and as result of the hard work the team have put to together there will no more challenges with regards to the scalability issues experience by crypto users all over the world.
More for information with regards to the SEYBLOCK project and updates please kindly visit the below link
https://seyblock.com
https://www.seyblock.com/whitepaper_v1.pdf
https://bitcointalk.org/index.php?topic=5065120.0
https://twitter.com/seyblock
https://www.facebook.com/seyblock/
https://t.me/seyblock
https://www.seyblock.com/whitepaper_v1.pdf
https://bitcointalk.org/index.php?topic=5065120.0
https://twitter.com/seyblock
https://www.facebook.com/seyblock/
https://t.me/seyblock
Author Detail's
Bitcointalk username: Asarab
Bitcointalk URL Profile: https://bitcointalk.org/index.php?action=profile;u=2320820
stellar lobstr address: 0x154089Cb313479C0d698Fad2D29eFb9a71d67b06
Bitcointalk username: Asarab
Bitcointalk URL Profile: https://bitcointalk.org/index.php?action=profile;u=2320820
stellar lobstr address: 0x154089Cb313479C0d698Fad2D29eFb9a71d67b06
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