LOS ANGELES, April 05, 2022 (GLOBE NEWSWIRE) — SGMCHAIN, a new next-generation blockchain Mainnet officially launched. This platform improves upon existing unique global capabilities through enhancements in speed, stability, performance and the critical need for the highest security in the blockchain universe. One area SGMCHAIN excels beyond all its competition: SGMCHAIN Mainnet can perform 300,000 Transactions Per Second (TPS), certified by KOLAS.
More information can be found at https://sgmchain.com.
SGMCHAIN announced they will provide an NFT market that allows digital or physical assets to convert into the NFTs and DID (Decentralized Identifiers) solutions on the Mainnet of 300,000 TPS.
The typical benchmark for Transactions Per Second (TPS) lies with the most-well known transaction processing network – the VISA credit card system. This system only processes 24,000 TPS. Bitcoin process 7TPS and EOS at 3,000 TPS. So, SGMCHAIN’s processing is more than 12x faster than VISA. More here: https://sgmchain.com/tech/mainnet
Security remains the most critical issue for all blockchain platforms, given the near daily headlines of vulnerable centralized exchanges, hacked to the tune of billions of dollars’ worth of cryptocurrency. To stop hacker attacks, SGMCHAIN implemented the Dual Delegated Proof of Stake (DDPoS) which uses 21 nodes for security. These four (4) random nodes act as random ‘safe combinations’ to protect the master node and the entire blockchain. Secure and reliable, internal processing speed is integrated in terms of authentication, management, and ease of approval on higher transaction amounts.
White page download is available from the homepage: https://sgmchain.com.
Sun Park, CEO of Sigma Chain, a California corporation located in Los Angeles, says, “To put it simply, our SGM Mainnet has the highest security developed to date and operates at an exponentially faster speed than original blockchain…
