One of the key challenges faced by the blockchains is to be able to support a high transactional capability.

The reality is that the infrastructures we have are not able to support a higher userbase. While developers are hard at work to make applications that put blockchain to proper use, the underlying technology is still not capable of providing the transactions per second (tps) needed to handle the traffic.

Bitcoin was the first generation blockchain and it provided a decentralized currency. Blockchain 2.0 surfaced a new era to carry the blockchain forward by integrating smart contracts. Now, to make the proper usage of transparency and smart contracts, third generation blockchains are focusing on scalability.

Reaching 1,000 Transactions

Current major blockchains have focused primarily on network security and the consensus mechanisms they have utilized prioritized security over scalability. However, neither scalability nor security should be compromised if blockchain is going to reach a proper userbase.

To achieve this, UChain is combing RPCA with an innovative data security technique.

UChain is utilizing the Ripple Protocol Consensus Mechanism to support up to one thousand transactions per second. A company representative has asserted that this level of throughput processing rate is sufficient to handle the current needs of the sharing economy. However, the Telegram discussion also pointed out that if further enhancement is necessary, the company will look into further enhancing the infrastructure.

Rather than using PoW which slows down depending on transactional volume and thus cannot handle a high tps, the RPCA utilizes Proof of Correctness and is able to overcome the tps barrier as transactions can be cleared with a greater pace.

UChain is able to overcome a major barrier faced by the current industry leader of smart economies: Ethereum. The Ethereum blockchain struggles with managing the tps flow the dApps it supports need. Ethereum is being developed to enhance its tps but the results are expected to take years. Meanwhile, UChain, from its very onset, can support a high userbase that the decentralized applications built on it will attract.

Security will not be Compromised

In order to ensure the tps and security are prime features of the infrastructure, a separate, novel focus is given to data security. The data won’t just be encrypted, as every blockchain can tout that.

UChain will shred data across nodes to ensure it cannot be breached. As a result, the intertwined benefit of transactional speed and security provides the infrastructure that is usually created by centralized applications. UChain will allow dApps built on it to be decentralized while enjoying the capabilities of their centralized competitors.

Wrap-Up: UChain has developed a blockchain that counters the problem of scalability faced by Ethereum, yet it does not give up its ability to secure data; rather, it provides enhanced security.