SGMCHAIN, a next-generation blockchain Mainnet, has officially launched. Based in the Ethereum Mainnet, speed, stability, performance, and critically, the highest security in blockchain, it performs at 300,000 (TPS). SGMCHAIN services ensure the best security and stability in FinTech, media, healthcare, distribution, and logistics companies.
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SGMCHAIN, a new next-generation blockchain Mainnet, has officially launched. Based in the Ethereum Mainnet, this platform improves upon Ethereum‘s unique global capabilities through enhancements in speed, stability, performance and the critical need for the highest security in the blockchain universe. One of the areas SGMCHAIN excels beyond all its competition: SGMCHAIN Mainnet can perform 300,000 Transactions Per Second (TPS), certified by KOLAS during its International Accreditation Test Period.
More information can be found at https://sgmchain.com.
The typical benchmark for Transactions Per Second (TPS) lies with the most-well known transaction processing network – the VISA credit card system. This system only processes 24,000 TPS. Bitcoin process 7TPS and EOS at 3,000 TPS. So, SGMCHAIN’s processing is more than 12x faster than VISA.
Security remains the most critical issue for all blockchain platforms, given the near daily headlines of vulnerable centralized exchanges, hacked to the tune of billions of dollars’ worth of cryptocurrency. To stop hacker attacks, SGMCHAIN implemented the Dual Delegated Proof of Stake (DDPoS) which uses 21 nodes for security. Seventeen (17) nodes are elected by the holders while four (4) nods are completely random. These four (4) random nodes act as random ‘safe combinations’ to protect the master node and the entire blockchain. So, security is assured. Reliability is maintained. Internal fast processing speed is integrated in terms of authentication, management, and ease of approval on higher transaction amounts.
White page download is available from the homepage.
Sean Park, CEO of Sigma Chain, a California corporation located in Los Angeles, says, “To put it simply, our magic Sigma Chain has the highest security developed to date and operates at an exponentially faster speed than original blockchain technology. We have the authenticated test results to prove it and are happy to share these results.”
The higher transaction amounts translate into greater adaptation by more industries. To speed such adaptation, SGMCHAIN Mainnet uses the innovative token standard protocol SASTA and NFT standard protocol NSTA_602. These protocols offer full-scale blockchain commercialization capability by applying it to all industries such as distribution, FinTech, insurance and NFT markets.
When asked how such technology might apply to the market, Mr. Park said, “Our full-scale blockchain services ensure the best security and stability in all fields, especially FinTech, media, healthcare, insurance, distribution, and logistics companies. We are the fastest and most secure transaction processing blockchain Mainnet. Bar none!”
With multiple industries in mind, SGMCHAIN utilizes a token standard protocol similar to Ethereum’s ERC-20: SASTA. This protocol is used in more than 130 customized APIs. This wide usage reduces development costs and time to develop customized DApps for the Mainnet. SASTA is equipped with SSO (Single Sign On) and STO (Single Transfer On) functions, so all data, such as personal information and coin transaction history, can be securely protected and transmitted.
Interested parties can find more information by visiting the above-mentioned website.
Contact Info:
Name: Sean Park, CEO
Email: Send Email
Organization: SIGMACHAIN
Address: 6464 Sunset Blvd. Suite 550, Los Angeles, CA 90028, United States
Website: https://sgmchain.com/
Release ID: 89072358
