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Thursday, September 29, 2022

Setchain Application Multiplies Blockchain Transaction

Thinking the implications of this. 

Setchain Application Multiplies Blockchain Transactions Per Block

IMDEA Software Institute News (Spain), September 26, 2022

Researchers at Spain's IMDEA project, Switzerland's Tezos Foundation, and French Tezos Protocol developer Nomadic Labs have unveiled Setchain, an application that allows a greater number of blockchain transactions per block. The IMDEA Networks Institute's Antonio Fern√°ndez Anta said adding millions of transactions is possible when conceptual visualizations of the boundary between blocks are required no more than once per second. "Setchain allows to store transactions permanently and reliably, introducing order between transactions when it is indispensable," explained Anta. Setchain can order blocks within the chain without requiring the ordering of transactions within the blocks, reducing costs for blockchain users. ... ' 

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