HomeCoinsAdshares (ADS)Adshares blockchain (ADS) - energy sustainability and high throughput | by Adshares...

Adshares blockchain (ADS) – energy sustainability and high throughput | by Adshares | Adshares | Jun, 2021

- Advertisement -


Adshares

ADS blockchain is peaking at 1.4M transfers per second when sending multi transfers from 1 to 1000 accounts (test).

Adshares blockchain ADS energy sustainability and high throughput

The ADS Blockchain is a fork of the Enterprise Service Chain (ESC), a blockchain software technology capable of facilitating high volumes of simple transactions which, similarly to other cryptocurrencies, allows sending tokens between user accounts.

ESC derives its name from the concept of the Enterprise Service Bus, where a cryptocurrency is used as the communication protocol.

There has been a lot of talks recently about the energy efficiency of cryptocurrencies. The most commonly described energy-intensive Proof of Work(PoW) coin is Bitcoin (BTC). In contrast, Ripple (XRP) or Cardano (ADA) are shown. There is also a lot of talk about Ethereum’s reduced power consumption after the transition to Proof of Stake(PoS). Elon Musk is trying to convince, that Dogecoin (DOGE) is an eco-friendly coin.

The Adshares team realized back in 2017 the need for a cryptocurrency that doesn’t waste electricity. This is how ADS was created, whose consensus is based on the Delegated Proof of Stake (DPoS) protocol. This means that the hash of a new block is voted on by 31 Nodes with the highest ADS balance.

There is no such thing as cryptocurrency mining in Adshares (ADS).

All coins are already issued and new coins can never be created again. Anyone can become a Node owner and compensation is part of the transaction commission.

This allows the decentralized online advertising market to be very efficient (up to 1.4 million transfers per second) and sustainable at the same time.

Read the whitepaper of our Enterprise Service Chain (ESC) to learn about the structure and operation of the network.



Read the original article here

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,549FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 57,122.00
ethereum
Ethereum (ETH) $ 4,446.19
tether
Tether (USDT) $ 0.998125
bitcoin-cash
Bitcoin Cash (BCH) $ 570.19
litecoin
Litecoin (LTC) $ 202.92
eos
EOS (EOS) $ 3.96
okb
OKB (OKB) $ 24.22
tezos
Tezos (XTZ) $ 5.60
leo-token
LEO Token (LEO) $ 3.39
cardano
Cardano (ADA) $ 1.58
monero
Monero (XMR) $ 231.97
stellar
Stellar (XLM) $ 0.331035
chainlink
Chainlink (LINK) $ 24.87
huobi-token
Huobi Token (HT) $ 9.93
tron
TRON (TRX) $ 0.096191
usd-coin
USD Coin (USDC) $ 0.998317
dash
Dash (DASH) $ 180.50
neo
NEO (NEO) $ 38.11
iota
IOTA (MIOTA) $ 1.41
nem
NEM (XEM) $ 0.176184
zcash
Zcash (ZEC) $ 229.64
maker
Maker (MKR) $ 3,058.80
paxos-standard
Pax Dollar (USDP) $ 0.995454
ethereum-classic
Ethereum Classic (ETC) $ 47.63
vechain
VeChain (VET) $ 0.120687
true-usd
TrueUSD (TUSD) $ 0.997634
ftx-token
FTX Token (FTT) $ 50.92
kucoin-shares
KuCoin Token (KCS) $ 25.44
waves
Waves (WAVES) $ 21.42