24th May, 2019, Tel-Aviv, Israel While blockchain technology has provided a means of processing transactions in a decentralized fashion, it has faced a number of issues, including low scalability, high costs and slow confirmation speeds. To address these issues, a new technology based on the directed acyclic graph (DAG) was developed and is used both by COTI and Fantom to provide scalability and low fees. Turbo Transactions Fantom’s high TPS and low time to finality (TTF) is possible through the platform’s Lachesis protocol built on the OPERA Chain. This technology will replace existing payment methods and supply chain management infrastructures using dApps that can handle tens of
The post COTI Partners with Fantom, Taking Technology Beyond the Blockchain appeared first on The Merkle Hash.
Powered by WPeMatico
