Working on a prototype parallel ledger system. Yesterday did the first test transaction.
Perks about this system:
- flat-file storage in multiple files
- no monolithic single blockchain
- rollups possible (meaning history can be thrown away)
- much less storage, much less CPU intensive than Bitcoin
- consensus model is PoN (Proof of Necessity)
- blocks only get appended when there are actual transactions (unlike other chain systems)
- addressing uses Bech32 standard (protects against typos)

#hybrix #Bitcoin #altcoins #economy #ledger #programming #development
Perks about this system:
- flat-file storage in multiple files
- no monolithic single blockchain
- rollups possible (meaning history can be thrown away)
- much less storage, much less CPU intensive than Bitcoin
- consensus model is PoN (Proof of Necessity)
- blocks only get appended when there are actual transactions (unlike other chain systems)
- addressing uses Bech32 standard (protects against typos)

#hybrix #Bitcoin #altcoins #economy #ledger #programming #development