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.