The DasCoin Blockchain Now Has a Three-Second Block Time
DasCoin has reached an incredible milestone by dramatically reducing its blockchain speed, improving the time per block to just three seconds from the previous six seconds. With this new three-second block time, DasCoin is among the quickest blockchains in the world.
The Need for an Improved Block Time
The developers behind DasCoin intentionally made an effort to reduce the block time due to expectations for future growth. The development team feels that both speed and scalability are crucial components for the future of DasCoin. This is particularly true due to the expanding use of DasNet — the application layer of the ecosystem which connects DasCoin to other partners — and the expected higher volume once DasCoin’s future payment solution is launched. With the improved block time, DasCoin should also become more appealing to third parties that want to harness blockchain technology.
Harnessing Graphene Technology
To achieve this dramatic improvement in block time, DasCoin harnessed Graphene blockchain technology. This tech allowed the development team to tune the parameters of the blockchain, critical to facilitating operations in near real-time. That ability is in sharp contrast to the technology used on other blockchains, which requires all servers and participants to upgrade their software. Instead, DasCoin allows an update to go live across the blockchain system without needing each participant to upgrade. Thanks to that ability, Graphene technology can modify maximum block size and other system-critical parameters in just 30 minutes.
With Graphene technology, DasCoin only needs an average of 1.5 seconds to confirm transactions. To get an idea of what Graphene technology can do, you can look at the BitShares Blockchain, which is also Graphene-based. BitShares recently proved that it could process a minimum of five million daily transactions via an immutable blockchain’s distributed network.
Future Plans for Blockchain Speed
Now that the DasCoin blockchain is among the fastest in the world, the development team does not have any plans to take a break. Instead, the team will keep striving to ensure that DasCoin remains the most secure, reliable, and fastest settlement system available. DasCoin currently has the ability to handle as many as 100,000 transactions a second.
Additional Language Support
In addition to increasing the blockchain speed, DasCoin has made other recent improvements, including providing additional language support. The Spanish site for DasCoin is now operational and running smoothly, joining the English and Polish versions. This is a crucial part of building up DasCoin’s global reach by providing content in the native language of users. In fact, DasCoin’s NetLeaders presentation, which explains the advantages of the system, is already available in 12 languages. DasCoin is also working on translating additional materials.
