🔥 Why Graphene?
First of all, this technology has proved itself as the fastest existing. In the blockchain-world there is a problem of scaling. Of course, this problem is going to be solved soon but at this moment there is no blockchain faster and more powerful than Graphene-based. Technically graphene outdoes every other blockchains in the world. Moreover, the community of this technology is ideologically close to us.
But why Graphene?⚡
This is a blockchain which solves the problem of effective self management. It has big inner corporate functional, which allows corporations to fulfill all there needs. There is a set of assets with which you can make anything you want. You can write any kind of data there. You can set permissions on output, set vesting of balances, set fee distribution via referral bonuses in the network upwards. There are many things that are already made but don’t fully used by the bitShares community.
👉 We have taken a basis of the current bitShares code, which is reliable and tested by the community, and construct and verify our hypothesis. The hypothesis of gathering, storing and transferring data in the blockchain.
Nobody does that, bitShares doesn’t, but we do! Transactions have costs right now, but soon we will get rid of it and everything will be on the bandwidth eventually.
👉 This blockchain is really able to work in harsh production conditions, when you need a capacity of more than 10 000 transactions per second. For example, 10 000 transactions per second is the Visa payment gateway. Ethereum faces lots of problems now due to cryptokitties.
Coding something from zero, when code is mostly open-source isn’t stupid, it just has no sense. This is a waste of resources, time and our energy, when you can find a use case to what has already been coded and expand it where needed. It will work for our tasks and needs perfectly.
This technology is the most innovative, in our opinion, for now. Of course, there are new technologies being created which we are taking in consideration as well. We think about next generation Graphene for the means of scaling.
Other blockchains can’t be better than Graphene for now because soon they will meet such technical problems which Graphene has already solved.
🤝 We are ideologically and mentally close to each other. Bitshares community, Steemit community, Golos community.