Press releases The Impossible Task of Fixing Bitcoin: Highspeed Transactions and Elegant Solutions with Devvio
Bitcoinist | Jul 09, 2018 | 13:00
Cryptocurrency platform Devvio reaches a historic level of 8 million transactions per second.
Albuquerque, New Mexico USA – July 9, 2018 – Devvio, a leading global cryptocurrency platform company, celebrated a key milestone in its product development by surpassing speeds of over eight million transactions per second on-chain. With this achievement, users can move money and assets faster and more reliably on the Devv platform than any current asset transfer available. At this speed, Devv becomes the fastest platform in the world – by far.
Tom Anderson, Devvio’s Chief Executive Officer, said:
We are the first blockchain to solve the challenges of scalability, stability, government-ready privacy, and fraud, theft and loss protections, all in a single blockchain solution. These are dramatic problems in other widely used blockchain technologies like Bitcoin or Ethereum.
He continued:
When a blockchain solves these four elements in a single solution, blockchain as an industry, for the first time, can explode into mainstream, enterprise, and institutional uses.
Devvio has documented its latest benchmarking results, including a video of the benchmarking run, in a blog located here. Devvio expects to launch the Devv testnet this quarter.
Anderson says:
In just a few weeks’ time, people will see first-hand that what we’re doing is real, and spectacular.
About Devvio Inc.
Devvio Inc. has created the most scalable and frictionless blockchain solution in the world. Devvio’s mission is to create a backbone for the world’s financial transactions as well as the world’s enterprise blockchain solution.
Contact
To learn more about Devvio Inc and this record-breaking transaction processing speed, please contact:
Tom Anderson, CEO
[email protected]
Michael Koenka, Director of Marketing
[email protected]
Images courtesy of Devvio Inc.
