Emotiq: A Next Generation Blockchain With Powerful Scalability & Privacy
- cassie gamz
- Jan 16, 2019
- 2 min read
What is Emotiq?
Emotiq is a powerful next-generation regionalized blockchain with PoS (Proof-of-Stake) agreement and smart contracts with usual language. Emotiq is constructed on Omni Ledger, which is a disseminated ledger that offers VISA and MasterCard at thousands of trades for each second. This blockchain is originated to be private, ascendable, and usual.
Scalability, usability, privacy are main features of Emotiq. Let’s go to see how they propose to address these various goals.
Scalability
It is constructed on Omni Ledger now, only 3 projects are building on Omni ledger these are Emotiq, Zilliqa, and Harmony. This provides believability to their rights. Omni Ledger technology introduces high contract output and parallel scaling via sharding. Their third chief concentration feature is its interesting thing that will improve and increase this scalability reached through Omni Ledger.
Usability
Create their blockchain as “natural” is the main aims of Emotiq. It is the main feature of this blockchain. A blockchain with easy-to-create submissions is wanted to provide Emotiq. Allowing the team, “Emotiq intentions to be the greatest available and friendly blockchain of them all like the Apple to supplementary blockchains and also Windows and Android.
Ring is an easy English programming language which is easy to read like a newspaper. Emotiq smart contracts are written in Ring. Everyone can recognize, read and even write legal agreements through it.
Privacy
I think everybody knows, so do not require to describe why privacy can be a destroyer characteristic for a blockchain. In the situation of Emotiq, where ordinary users are pointed to usage and create smart contracts: there is a normal implore of secrecy (especially concerning finance) with people then desires to be appreciated for an extensive agreement of blockchain. The tech exploited to arrange for privacy will control the scalability of Emotiq. Operating several outputs is bulletproofs suggestion for big developments because it agrees with a chain to measure logarithmically as an alternative of the natural in lines scale of contacts. At the similar time, allow keeping the block size small in the MimbleWimble.
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