TechPay has introduced a new protocol for the blockchain platform which is named as Sirius and works for distributed networks achieving Byzantine Fault Tolerance practically. Every node in the Sirius protocol operates their own local block DAG (Directed Acyclic Graphs) which helps in reducing the time to finality (TTF) for every transaction
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Why TechPay is known for fastest blockchain
TechPay, bringing innovations in modern blockchain technology
with its scalable, secure and fastest blockchain technology.
Fastest BlockChain
What Makes TechPay Fastest BlockChain
TechPay developed Sirius protocol which makes TechPay fastest blockchain. Sirus is the combination of the (Acyclic Directed Graph) DAG and the pBFT(Practical Byzantine Fault-Tolerant) consensus which makes possible for transaction to be process and sign in a secure manner with lightning fast speed. TechPay claims to be the world’s fastest blockchain with more than 300000 (three hundred thousand) Transactions per Second with very low Transactions Latency and Finality
DAG
Every node in the Sirius protocol operates their own local block DAG (Directed Acyclic Graphs) which helps in reducing the time to finality (TTF) for every transaction.
The Proof of Stake (PoS) model with DAG in Sirius protocol helps improve performance and security at the same time.
Epochs
Sirius protocol optimizes DAG storage and processing time through splitting local history into check points called epochs.
Sirius protocol uses layers of graph and concurrent knowledge to guarantee a consistent order of event blocks and transactions.
Consensus
Sirius is a break-through pBFT consensus algorithm developed by TechPay key properties of Sirius algorithm: Leaderless: No participant plays a “special” role. Byzantine Fault-Tolerant: Functional in a presence of up to one-third of faulty nodes and malicious nodes. Final: Sirius’s output can be used immediately. Transactions are confirmed within 1-2 seconds.
Infinite Scalability and Efficiency
The need for a performant blockchain that could handle the challenging demands of the NFT space could be met by TechPay’s revolutionary technology in due time. NFTs deployed upon TechPay’s network will offer Stability, Scalability, and Efficiency at a fraction of Transaction Fees. TechPay will feature dApps and smart contracts that won’t be congested and could scale—fabricating decentralized networks for the third generation of web, so-called Web 3.0. TechPay Management Systems wants to make a big difference as a solution-oriented network operator. They want to achieve this by transferring quest data and large volumes of information without using lag or personal mistakes.
Conclusion | Fastest Blockchain
It has established itself as the go-to network for all types of digital transactions. It conducts operations in a way that maximizes productivity for a more linked future as a comprehensive ledger of transactions. The well-known crypto network also aspires to improve people’s living standards by putting them nearer to the newest technological breakthroughs than ever before.
Frequently Asked
Questions
TechPay has the fastest TPS with more than 300000 (three hundred thousand) Transactions per Second
The blockchain with the fastest transaction finality is considered fastest blockchain
TechPay with its sirius protocol makes it fastest and efficient blockchain