Today Korea’s Reporter Young-gil Kim recently interviewed Sigmachain’s CEO — Kwak Jinyoung where he asked about the breakthrough technology that the company owns and why it is better than the Ethereum. The complete article, in Korean, can be found here. But here we have split down the main parts of the interview into a few paragraphs.
What is PASTA Protocol?
PASTA is a technical standard used for all smart contracts on the Futurepia blockchain for token implementation.’ Futurepia launched PASTA during the inauguration of Dapp Ecosystem Launch ceremony on 18th June, 2019 in Seoul.
Key features of PASTA includes:
a) Single Sign On (SSO)
b) Single Transfer On (STO)
c) 100+ APIs for Dapp Developers
Thanks to PASTA protocol, users of can login to any other DApp on Futurepia mainnet using single ID and password.
What is SNAC?
SNAC is the first blockchain based reward sharing app launched on Futurepia mainnet. SNAC is based on the model that guarantees fair compensation for the content creators and curators, where users get paid in SNAC tokens for creating content and participating in other activities like betting, playing games and taking surveys.
An customized version of SNAC app has been launched for Vietnam and a version for Mexico and Indonesia will be launched very soon.
What is LFIX and How SNAC users can Benefit from it?
LFIX is a blockchain based beauty platform having various features inlcuding Beauty data generation system, DApp and also beauty products.
LFIX DApp will be launched on Futurepia mainnet and because of PASTA protocol, here are the benefits for the SNAC users:
- SNAC users can sign up for the LFIX DApp using their existing ID & password.
- People can buy beauty products using SNAC tokens.
How do you compare PASTA vs ERC-20?
Futurepia mainnet has a big edge when it comes to TPS speed over Ethereum blockchain, owing to its DDPoS consensus algorithm technology. Under test environment, it has shown 300,000 TPS speed, while on Ethereum, its just 15 causing a serious issue for high traffic dapps.
Another difference is that, in Futurepia, dapp developers write and send their source code directly to the blockchain through RPC for stronger security, instead of writing to EVM which is EOS or Etherium method which can be easily hacked.
Here is a detailed comparison of PASTA vs ERC-20 protocol.
With the PASTA Protocol and the SNAC Dapp, Sigmachain’s CEO is aiming to bring blockchain to mass adoption and the team is working tirelessly to make this dream come true.
To read the full interview, check out the link below:
https://blog.naver.com/futurepia_official/221678154593
