Lab Radio

Ep. 47 - TrustNote, a mineable, public DAG ledger with a two-tier consensus mechanism

Informações:

Synopsis

On this LAB Radio, episode Chris Groshong talks shop with Jeff Zhou, founder of TrustNote, a mineable public DAG ledger with a two-tier consensus mechanism. (Cryptographic Algorithms: BLAKE2, BIP32-Ed25519) The architecture is designed for high concurrent transactions and confirmation times.  Jeff Zhou, Founder of TrustNote  Jeff's background began with chip making and eventually led him to realizing the lack of scalability with Bitcoin: "A few years back Jeff Zhou started working on blockchain and at that time he developed BTC+LTC dual mining chips and hardware, the technology was sold to a world-wide market.Jeff then tried to develop an IoT software platform based on blockchain technology, and after several months of trial and development, he encountered serious issues with scalability and the transaction fees were very high. Issues like these prevent mass adoption of the blockchain technology and ultimately drove the foundation of the TrustNote open source project and its development of a fast, scalable