Relictum Pro transaction speed superiority.

Relictum Pro
2 min readApr 22, 2020

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๐Ÿ–‹ Bitcoin has many #problems, but in this post we will focus on the main thing: transactions with this digital #currency are carried out incredibly long.
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๐Ÿท One of the main problems of modern blockchains is large #block size. It is 8000 times bigger than our block size (1,024,000 bytes = 1Mb against 120 bytes). It is not advisable to accommodate all transactions that cannot be placed in a single block in a single block. This leads to a decrease in the speed of #data processing, a decrease in the speed of data transfer, as well as a decrease in the #speed of searching for the necessary information.
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๐Ÿฎ The more network congestion, the longer transactions take. And in itself this problem will not be solved. When a new transaction is launched in the #Bitcoin blockchain, information about it is visible immediately, but the actual currency transfer may take several minutes or even hours. This expectation is inconvenient to neither #buyers nor sellers.
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๐Ÿ— Bitcoin is extremely inefficient in matters of network scaling. Transactions in it as the number of users grows, they become more and more slow and expensive.
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๐—ฅ๐—ฒ๐—น๐—ถ๐—ฐ๐˜๐˜‚๐—บ ๐—ฃ๐—ฟ๐—ผ ๐˜€๐—ฝ๐—ฒ๐—ฒ๐—ฑ ๐—ผ๐—ณ ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป
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๐ŸŒ The existing network organization of modern blockchains is peer-to-peer (#P2P) network. Relictum blockchain platform uses a unique protocol based on the TCP/IP #protocol, in which a virtual communication channel with each node is formed over the Internet. The advantages of this network are its reliable stability and isolation from the general segment of the #Internet. In this virtual channel, only Relictum Pro information is transmitted, which increases the data #transfer speed several times.
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โ™ป๏ธ ๐—ฃ๐—ฟ๐—ถ๐—ป๐—ฐ๐—ถ๐—ฝ๐—น๐—ฒ ๐—ผ๐—ณ ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป: One node connects to several and in parts downloads data from other nodes. Thus, the download speed was close to the maximum value of the network card and the speed of a provider.
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๐Ÿ“‚ As a transport, we use a new type of network based on the fourth-level data network of the OSI #model. _HyperNet is a virtual channel switching network.
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โš™๏ธ The network provides a constant stable connection between all #nodes for a small limited period of time (from 0.5 to 10 s), depending on the network load. With a small #network load, this gap can be up to 10 s, while with a loaded network it decreases to less than 0.5 s.

๐Ÿฎ Website: https://relictum.pro

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#Blockchain #relictcoin #tech #relictumpro #fintech #Crypto #blockchain5 #technology #techno #relictum #relictumblockchain #DistributedLedgerTechnology #Blockchaintechnology #DLT #blockchainfifthgeneration #relictumcommunity #community

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Relictum Pro
Relictum Pro

Written by Relictum Pro

Relictum Pro is a blockchain of the latest generation. #Blockchain 5.0

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