Top Reasons Why Treeblock Is A Game Changer In The World Of Blockchain!
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The launch of the first cryptocurrency, Bitcoin, marked the beginning of the value revolution as people saw the potential of this technology stack is so much broader. The ability to use Smart Contracts gives us the opportunity to create automated and scalable applications that were not possible before; these applications are called dApps (decentralised Apps) and most of the times they are built on a blockchain protocol. Treeblock is one of them!
1. Innovative core mechanics
Treeblock uses time sharding architecture where a block is produced every second and the transactions are stored on the dedicated Time Chain and the Main Chain. As a consensus algorithm, Treeblock uses mDPoS, a form of highly secured delegated-proof-of-stake that fosters scalability and transparency. Thus with the help of hierarchical sharding and Time Sharding Trees, Treeblock delegates the block producing mechanism to trusted nodes. This way, various incentive programs can be implemented.
2. The starting point for any dApp developer
The ecosystem is designed to accelerate the adoption of dApps as it connects a wide array of worldwide users via various systems like Smart Contracts and AI agents. Treeblock envisions a world where our lives are enriched by complementary applications that directly serve our needs.
3. Solving the scalability issues that plague blockchain
Did you know that Bitcoin can only process seven transactions per second? Ethereum barely touches 15. With the recent Ethereum project, Crypto Kitties, this slow speed has proven to be an issue. Even newer blockchains like EOS who have 6000 cannot compete with Treeblocks’ 1 million transactions per second. Not to mention the resistance to 51% attacks, DDoS and even Double Spending.
4. An entire support suite for dApp creation
In exchange for the 0.01% of the transactions fees, Treeblock offers a wide array of support services like:
- dApp creation consulting
- Access to the Treeblock dApp store
- Block producing Support
- Incentive models to engage with the users
- dApp Startup investment opportunities
As Treeblock is a public blockchain architecture, developers can create almost every kind of dApp. From Tax Automation, Crowdfunding platforms, Gambling Applications to digital rights management applications.
5. Youroot: The first dApp that successfully uses the Treeblock protocol!
Youroot is a specialised dApp that allows families to operate as a bank and manage their digital assets in a trustless way. The application will act as a wallet and a direct gateway for family members to e-commerce and direct cryptocurrency trading services. Youroot also focuses on broad blockchain adoption.
So there you have it! The core advantages of the Treeblock protocol which makes it the perfect candidate for your next dApp idea. Should you be interested in participating in this project at early stages, you can do so by purchasing TREX tokens. A total of 6.5 billion TREX have been issued with a price of 0.02 USD per token. 1 ETH will get you roughly 20 000 TREX, and 1 BTC equals to 275 000 TREX.
ETH address: 0x5905157bc2ec560442a1f14bd2aae2d924a76bef
great info, easy to understand, easy to remember.
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@mathewtherry, you are interesting to read!