LOS ANGELES, April 05, 2022 (GLOBE NEWSWIRE) – SGMCHAIN, Mainnet’s next -generation new blockchain has officially launched. This platform enhances the unique global capabilities available through increased speed, stability, performance and the critical requirements for the highest security in the blockchain world. One area of SGMCHAIN excels beyond all competition: SGMCHAIN Mainnet can perform 300,000 Transactions Per Second (TPS), which is certified by KOLAS.
More information can be found at https://sgmchain.com.
SGMCHAIN announced it will provide an NFT marketplace that allows digital or physical assets to be converted into NFTs and DID (Decentralized Identifiers) solutions at Mainnet 300,000 TPS.
The typical benchmark for Transactions Per Second (TPS) lies in the most well -known transaction processing network – the VISA credit card system. This system only processes 24,000 TPS. Bitcoin processes 7TPS and EOS at 3,000 TPS. So, SGMCHAIN processes more than 12x faster than VISA. More here: https://sgmchain.com/tech/mainnet
Security remains the most critical issue for all blockchain platforms, as daily headlines about vulnerable centralized exchanges are hacked to the tune of several billion dollars. To stop hacker attacks, SGMCHAIN implements Dual Delegated Proof of Stake (DDPoS) that uses 21 nodes for security. These four (4) random nodes act as random ‘safe combinations’ to protect the master node and all blocks. The speed of secure and reliable internal processes combined with authentication, management, and ease of approval for a higher number of transactions.
Download the white page available from the homepage: https://sgmchain.com.
Sun Park, CEO of Sigma Chain, a Los Angeles -based California company, said, “For convenience, our SGM Mainnet has the highest security developed to date and operates at a faster speed than the original blockchain technology. Test results to prove and happy to share the results. “
The higher number of transactions translates to more adaptation by other industries. To speed up the adaptation, SGMCHAIN Mainnet uses the innovative SASTA token standard protocol and the NFT standard protocol NSTA_602. The protocol offers full -scale blockchain commercialization capabilities covering all industries such as distribution, FinTech, insurance and NFT markets.
When asked how the technology could be applied in the market, Mr. Park replied, “Our full -scale blockchain services ensure the best security and stability in all fields, especially FinTech, media, healthcare, insurance, distribution, and logistics companies. The fastest and most reliable. secure Mainnet blockchain transaction processes. No bars! “
With a variety of industries, SGMCHAIN uses the standard token protocol used in more than 130 custom APIs. SASTA is equipped with SSO (Single Sign On) and STO (Single Transfer On) functions, so that all data, such as personal transaction history and coins, can be protected and sent securely.
Interested parties can find more information by visiting the websites mentioned above.
Related images
Figure 1: SGMChain-blockchain-mainnet-crypto-currency-PR1-2022-04-01
SGMCHAIN next generation blockchain mainnet ethereum PR1 image-1000
This content is issued over press release distribution service on Newswire.com.