What is CSE30?
DISTINCTIVE POINT CSE AND ETH
Currently Ethereum’s speed is 15 transactions per second , when there are many transactions that need to be processed at one time, leading to long transaction queues. Ethereum’s queue up to over 100,000 transactions , see the chart below:
Right now you can go to Etherscan to check that the average queue of ETH is over 30,000 transactions . Ethereum is currently hoping to tackle the queue with Lightning network technology and Sharding.
CSE30 still inherits Lightning Network technology for Offchain. But from the lessons of Bitcoin and Ethereum, the CSE30 has Hyperthreading (Hyperthreading) technology that speeds up the processing of transactions, speeding up Ethereum’s transaction speed. This technology handles customer-facing transactions at the airport, if the number of people waiting at each door exceeds 100, the system will automatically open more doors to ensure the number of waiting at each door does not exceed. 100. So CSE30 always ensure the processing of super-fast transactions
In addition, the CSE30 has a Quantum Supernode processor-related technology in each transaction, and Masternode is a professional support service similar to the aviation support service.
With the CSE30 Blockchain technology, Ethereum or any coin currently borrowed from the CSE30 platform to trade will enjoy a super-fast CSE30 trading speed of 0.03 seconds per transaction. But the transaction fee is the same.
Currently, Ethereum’s transactions are subject to a very high fee. ETH Gas Station warns that users must pay a minimum of $ 3.20 for a transaction without knowing the trading volume, or to wait 30 minutes for that transaction to be accepted in the Block.
Through ETH’s transaction fee histogram, the Ethereum users had to pay about 5,862 ETH , or $ 2.7 million, to trade.
With the CSE30 technology platform, which allows you to trade at super premiums, with a fee of 1/1000 or almost zero, the transaction will save you a tremendous amount of money. What ETH is really puzzling about, also because of the cost issues that the Blockchain 1.0 and 2.0 platforms have not yet been able to address in the real world.
With super low transaction costs, CSE30 will become a platform that can be applied to all areas of life.
Smart Contract 2.0 & Smart Contract 1.0
|Smart Contract||Smart Contract 2.0|
|Advantages:Automatic contracts do not require intermediaries, no need to trust third parties and reduce intermediary costs· Tracking transactions easily, can not be tampered with or reversed transactions.
· Not managed by any agency.
· The cost of deployment is huge for infrastructure systems, computers, and good programmers to deploy.
Security Capability: If some sensitive information is disclosed or exploited by hackers, there are likely to be problems.
|– Upgrades from Smart Contract and adds new technologies.– Use a new approach to legalize, navigate, and resolve complex issues. Smart Contract 2.0 will have “smart lawyer”– New technology has high security, against the attack of hackers.
– Convenience for all SOHO businesses is still possible, infrastructure costs are minimized.
– Smart Contract 2.0 adds transactional identity, can access the entire transaction data.
– Smart Contract 2.0 with self-learning, predictable all-encompassing features associated with co-meetings.
=> Not just currency, smart contracts will be widely applied in many areas in the future. The future is the era of Smart Contract 2.0
The world is always developing, the new one will be born to replace the old one and do things that have not been done before. Blockchain 3.0 represents CSE30 based on Blockchain 1.0 & 2.0 technology and applies new technology to solve the problem of speed and transaction costs, which has long been BTC and ETH are very headache to find the The solution to overcome but not yet. Smart Contract 2.0 is also an effective solution for Blockchain applications in many areas of life.
The Blockchain platform promises tremendous growth potential in the 4.0-era industry, let’s see what Blockchain 3.0 can do.
Source: The business journals
PRESS RELEASE> PR NEWSWIRE
Blockchain has surpassed human expectations. The features of Blockchain technology such as decentralization, data fragmentation, uniqueness, quantitative restrictions, decentralization, anonymity, and smart agreement made Bitcoin and Ethereum completely eliminate indirect as well as bulky office systems!
Following the success of Blockchain 1.0 (BTC) and Blockchain 2.0 (ETH), Singapore-based CSE SG PTE LTD has introduced the Blockchain 3.0 (CSE30) and Smartcontract 2.0 platforms, after more than four years of research and development.
Great potential of the new platform CSE30
It only takes 15-30 minutes to create your own smart agreement on the CSE30 platform, which is directly connected to the CSE30 through the API. You can create electronic money, access source, blockchain library, blockchain authentication for education, blockchain authentication for real estate, etc.
The big investors in technology are also paying special attention to this platform, and the information will be announced in the near future.
Revolutionary Blockchain 3.0 on CSE platform
￼View original content for rich media downloads: http: //www.prnewswire.com/news-releases/revolutionary-blockchain-3-0-under-cse-platform-300739191.html
SOURCE CSE SG PTE LTD
What is CSE compared to BTC and ETH?
Bitcoin and Ethereum have started to reveal weaknesses in the process of expansion such as slow processing speed, energy costs, high transaction costs, while CSE has been promoting its advantages:
1 – Super speed
Completed a transaction process of CSE under 06 seconds, for BTC about 10 minutes, ETH about 7 minutes.
2 – Low fee
CSE’s fee for current internal transactions is only $ 0.001, while BTC’s fee is $ 0.00004674, or $ 0.3, ETH is $ 0.000483, equivalent to $ 0.1 (these fees are at current prices; will increase if BTC and ETH increase)
3 – Off chain
E-commerce now has to depend entirely on the internet, CSE has launched a technology that is causing the rumors are Off chain, encrypted transactions in the environment without internet 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 “multi-contract” and multi-industry application.
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Revolutionary Blockchain 3.0 Under CSE Platform
SINGAPORE, Oct. 28, 2018 The revolution of blockchain technology has surpassed expectations. The features of Blockchain technology such as: decentralization, …
CSE30 is a protocol standard that defines certain rules and standards for issuing tokens on CSE Platform network.
In ‘CSE30’ CSE stands for CSE Platform Request For Commentsand 30 stands for a unique ID number to distinguish this standard from others.
Similar to the fact that we have an HTTP protocol for internet, we have a standard protocol for tokens to be issued on CSE30.
To put it in layman terms, if you include certain functions in the token’s smart contract, you are CSE30 compliant. If you don’t include the mandatory functions, you are not CSE30.
So, those tokens on CSE Platform network checks all the necessary boxes i.e. includes the necessary functions in their token implementation which are deemed as CSE30 tokens.
These are crypto-assets or crypto-tokens which can be traded like Bitcoin or CSE Platform or Litecoin but unlike these cryptocurrencies, they don’t have their dedicated blockchain. Instead, they thrive on CSE Platform blockchain and bring several benefits for the users which I will discuss further in this article.
Like I stated earlier, CSE30 tokens don’t have their dedicated blockchain and thrive on CSE Platform blockchain instead. This is the reason why, when you send CSE30 tokens, you are required to have some CSE Platform.
Prior to the CSE30 token standard, different start-ups or DApps used to set their own standards and implementations for launching a token on CSE Platform network.
However, with the launch of the CSE30 standard, things have changed and have become much more streamlined. Also, a standard like CSE30 have a lot of benefits:
Imagine a scenario wherein 100s and 1000s of tokens are launched on CSE Platform network, each with their own set of standard and rules. This will create a liquidity problem for such tokens and a lot of headache for exchanges that try to implement them. In this scenario, each time a token comes for listing to an exchange, it would require a lot of work from bottom to top to be actually listed.
Whereas, if you have a standard and uniformity that CSE30 brings to the table, it becomes very easy for users as well as exchanges to list such tokens quickly given that the tokens follow a standard i.e. CSE30.
This is only one practical scenario but there can be many such as tokens being exchanged via smart contracts on decentralized exchanges without any third party because their underlying tech and standards of implementation are same. Whereas, if we go on to implement a decentralized exchange of tokens that follow different rules and standards, it will become very cumbersome to implement such a DEX.
Also, already as of now, there are more than 50,000 CSE30 tokens contracts running on CSE Platform blockchain. Not having a standard will bring a lot of such unseen issues. Some of the very well known and popular tokens are shown below.