Waves Platform Set to Increase the Speed of its Blockchain Network

[kreslik.news]

Waves platform recently announced that it is going to implement a new technology in its blockchain which will enable the network to process “thousands of transactions” per minute. This will make Waves the fastest DLT platform available today.

Waves-NG, the next generation technology, is based on the Bitcoin-NG proposal made by Emin Gün Sirer and Ittay Eyal, two Cornell Computer Science academics.

This technology will increase the effective blockchain and speed of block creation, and Waves is claiming that the new speed will be “especially significant for businesses”. It will also allow microtransactions without the delays which are typical of traditional blockchain ... (read more)