SINGAPORE, Oct. 28, 2018 The revolution of blockchain technology has surpassed expectations. The features of Blockchain technology such as: decentralization, data fragmentation, uniqueness, quantitative restrictions, decentralization, anonymity, and smart contract empower Bitcoin and Ethereum to completely eliminate indirect as well as bulky office systems!
Following the success of Blockchain 1.0 (BTC) and Blockchain 2.0 (ETH), CSE SG PTE LTD_Blockchain company from Singapore has launched the revolutionary Blockchain Platform 3.0 (CSE30) and Smart contract 2.0, after more than four years of research and development.
What is the difference between CSE and BTC, ETH?
Blockchain 1.0 under Bitcoin and Blockchain 2.0 Ethereum have inherent weaknesses that limit their ability for effective scaling up due to factors such as: slow processing speed, energy costs, high transaction fees, ect. The revolution Blockchain 3.0 (CSE) overcome the weakness of prior Blockchain technologies and delivered the following advantage:
1 – Super speed
Completed a CSE transaction in under 06 seconds, compared about 10 minutes for BTC and 7 minutes for ETH.
2 – Low fee
Internal transactions fee for CSE is currently $0.001, while BTC fee is 0.00004674 BTC~$0.3, ETH fee is 0.000483 ETH~ $0.10 ( these fees were taken with present prices- these fees will increase when BTC and ETH price up).
3 – Off chain
Electronic transaction is currently dependent on the availability of internet. CSE has launched a technology that allows Off chain, encrypted transactions without internet environment at speeds up to 0.003s (3 million seconds). The limiting point of this technology is its limited number and the receiver is not anonymous to prevent fraud.
4 – Smart Contract 2.0
Ethereum invented Smartcontract 1.0 and has leveraged its strength in dealing with various types of financial contracts.
CSE Smart Contract 2.0 has a more intelligent feature with multi-contractual conditions and multi-industry applications.
There is great potential for the new platform CSE30 as it only takes 15-30 minutes to create your own smart contract on the CSE30 platform, which is directly connected to the CSE30 through the API. You can create your crypto, access source, blockchain library, blockchain authentication for education, blockchain authentication for real estate, etc.
Investors in technology field are paying special attention to this new platform, and further information will be announced soon in the future.