HYCON Unveils World’s First Implementation of SPECTRE
In the video released on December 26, our developers shared the issues they faced working on the #VisibleSpectre project
as well as how they overcame the obstacles and described how a new block is created on the network.
Unlike Bitcoin or Ethereum that have a single-chain structure, HYCON utilizes the Directed Acyclic Graph (DAG) structure.
As the order of blocks need to be specified in a DAG, SPECTRE protocol employs a voting algorithm between pairs of blocks.
Team HYCON has successfully implemented the technology for the first time
globally and is now working on perfecting it to bring you unprecedented results in the global blockchain industry.
With SPECTRE, the TPS will surpass 3,000!
We will overcome the speed issue that has hindered the commercialization of blockchain
services and enhance the competitiveness of Korean blockchain technology!