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Author Topic: LOCUS CHAIN - the fastest blockchain technology?  (Read 99249 times)

Offline [email protected]

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #180 on: December 15, 2019, 02:21:25 PM »
Did anyone notice that LOCUS CHAIN website has been changed  :)

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #180 on: December 15, 2019, 02:21:25 PM »

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Offline KatyBTC

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #181 on: December 17, 2019, 04:06:28 PM »
Wow, new website looks great!
When did they renew it?

Offline [email protected]

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #182 on: December 18, 2019, 03:08:10 PM »
South Korean based blockchain firm Bloom Technology claims to have created a new technology that is able to speed up transactions on the blockchain.

On Dec. 3, United Press International reported that the CEO of Bloom Technology, Lee Sang-yoon said that the firm’s Lotus Chain technology has been able to reduce blockchain transaction processing times to fractions of a second.

A Single Blockchain Transaction Takes Between 0.13-0.23 Seconds
Bloom Technology has reportedly said to conduct a public test with 635 participating nodes to reveal the transaction speed of the Lotus Chain technology. Results showed that a single blockchain transaction took between 0.13-0.23 seconds.

Vice-Chairman of Korea Blockchain Association, Moon Young-bae comments on the tests:

“Locus Chain is still under development to become a complete version. But I believe that the technology is already commercially viable […] I think it is a real deal.”

Lee hints at the importance of a faster blockchain transaction by pointing out that transactions currently take often “more than 10 minutes for cryptocurrencies and even longer than an hour for Bitcoin.”

Offline KatyBTC

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #183 on: December 18, 2019, 03:15:14 PM »
This is really impressive. I believe that mass adoption is very near and blockchain will bring much brighter future to the whole world

Offline [email protected]

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #184 on: December 23, 2019, 12:48:19 PM »
Locus Chain claims to be the world’s first practically usable public blockchain that has achieved complete decentralization and high performance.

Locus Chain reportedly maintains fast processing speeds through a DAG(Directed Acyclic Graph)-based AWTC(Account-Wise Transaction Chain) ledger structure while implementing the Locus BFT consensus algorithm. It claims to have achieved a high degree of decentralization by fairly electing the committee that will participate in the consensus through the Stochastic dPoS method for each round.

Locus Chain believes that it has established the basis for anyone to freely participate in the network through nodes by implementing the technology called Verifiable Pruning, which allows for the validation of previous data with the least amount of hash values, and also dynamic sharding, which decreases the network load by dividing the network into shard units.

Offline Natoshi Sakamoto

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #185 on: December 23, 2019, 03:30:47 PM »
This is technology for the future, next generation blockchain. Average transaction time is 0.23 second. Ready for mass adoption. LOCUS will be listed in more exchanges in 2020. I expect Locus to be one of the best performing coins next year.
Good luck

Offline [email protected]

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #186 on: December 24, 2019, 02:24:48 PM »
Bloom Technology is the company responsible for developing Locus Chain with the goal of creating the “publicly usable blockchain.”

It was established under the name of Phantagram Limited in 1996 by CEO Sang Yoon Lee, who was the pioneer of the first generation Korean game industry.

Phantagram Ltd. is a game engine developing company that produced famous game series such as ‘Kingdom Under Fire,’ ‘Ninety Nine Nights,’ etc. It successfully released more than four console game titles with Microsoft and also previously released prominent PC game titles.

Phantagram Ltd. began the blockchain development business in 2017 based on its 3D graphic optimization and data distribution technology. It later modified its corporate name into ‘Bloom Technology’ in 2018.

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #186 on: December 24, 2019, 02:24:48 PM »


Offline KatyBTC

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #187 on: December 27, 2019, 11:42:53 AM »
Happy new year everyone! I wish you all good profits in the crypto market!

Offline [email protected]

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #188 on: December 28, 2019, 01:07:36 PM »
Happy new year everyone! I wish you all good profits in the crypto market!

Wish you the same , Looks like LOCUS is moving up

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #189 on: January 03, 2020, 11:05:35 AM »
What is the next thing that Locus is preparing? What is expected to happen in 2020?

Offline crypto.francis2017

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #190 on: January 14, 2020, 04:54:52 PM »
LOCUS IS GROWING

Offline Natoshi Sakamoto

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #191 on: January 15, 2020, 03:28:05 PM »
The technology that Locus Chain is providing is 2 years ahead of every other blockchain!

Offline crypto.francis2017

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #192 on: January 16, 2020, 02:45:43 PM »
Did locus listed in a new exchange ?

Offline Natoshi Sakamoto

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #193 on: January 16, 2020, 04:33:36 PM »
Btrade, IDAX and Latoken.

Offline crypto.francis2017

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Re: LOCUS CHAIN - the fastest blockchain technology?
« Reply #194 on: January 18, 2020, 11:23:20 AM »
Btrade, IDAX and Latoken.

Are you sure that IDAX still working ? and all 03 exchanges has different price.

 

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