Streakk Unveils Blockchain Framework Capable of Handling 100,000TPS

05/27 07:05

Streakk has successfully implemented its third-generation blockchain infrastructure one year ahead of schedule, in preparation for the release of its mainnet. This infrastructure allows developers and projects to create their own blockchains, with high levels of security, scalability, and speed. The network charges a fixed transaction fee of $0.001 and can process up to 100,000 transactions per second, with confirmation times between 2 and 4 seconds. Streakk's unique consensus algorithm integrates Proof of Stake and Simple Time Protocol, and the blockchain infrastructure includes a subsidiary chain, the Streakk chain, which is developed on the Streakk Main Chain. Streakk is also launching an incubation program for projects building on its blockchain, offering technical support, marketing assistance, and funding. The mainnet is set to launch in August, paving the way for community-driven initiatives on the Streakk blockchain.
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