Apr 20, 2022
In Education Forum
Reverse ICO : The term has recently become Hong Kong Phone Number List popular, with established companies outside the blockchain environment launching tokens to raise capital and enter the decentralized marketplace. SOBLO aims Hong Kong Phone Number List to create a blockchain that is well suited for real-world business applications. For established businesses with existing services and users, issues that stand out in the blockchain world Hong Kong Phone Number List such as transaction costs and transaction speed are major hurdles to overcome. For example, for businesses with tens of thousands of existing users and transactions, uncertainty about fluctuating gas prices in Ethereum or the price and amount of EOS required are variables that businesses must, but cannot manage. With SOBLO, resource sharing will Hong Kong Phone Number List mean no transaction costs, as services in the consortium will form consensus without wealth incentives. SOBLO believes that node operators have more incentive than typical blockchain platforms as their existing services and businesses will come online. For members of SOBLO, a well-functioning mainnet can be the Hong Kong Phone Number List key to the success or failure of their business. Therefore, member companies will be incentivized to operate nodes with integrity. Additionally, SOBLO will be able to process up to 1,000 transactions per second, solving the transaction speed Hong Kong Phone Number List problem for businesses where speed is critical. KStarCoin has benefited from this, it has been able to push 7 transactions per second to 1000 per second. Unique governance and alliance structure : SOBLO members Hong Kong Phone Number List do not rely on the power of mining to determine the voting weight within the alliance. It means a few things. One, the successful adaptation of the Hong Kong Phone Number List blockchain will not have to depend on finding miners. Second, because of SOBLO's governance structure, each member company has a meaningful voice on how the alliance operates. Third, due to its unique alliance structure, SOBLO will have the benefits of transparency and security in a decentralized Hong Kong Phone Number List public system. About SOBLO members SOBLO has four founding members: 1) KStarCoin : KStarCoin is the promoter of everything in Korea, KStarCoin is a startup powered by the KStarLive platform.