TNC IT Group New Blockchain Network To Hit 300K Transactions Per Second

By citiesabc resources - Oct 06, 2020

TNC IT Group has engineered a new blockchain network with the capacity to hit 300K transaction-per-second (TPS), offering enhanced speed performance to support TNC’s entire ecosystem.

TNC IT Group’s mainnet is now on its final stage of migration testing. The group believes that these milestones and technical advancements will be fundamental to TNC Coin’s price surge.

The new blockchain network is engineered to integrate a higher volume of transactions-per-second (TPS) compared to the existing blockchains in the market. TNC’s mainnet claims to perform transactions with an impressive speed of 300,000 TPS.

With the mainnet almost ready, TNC expects to provide a better performing mainnet made to support TNC’s upcoming project and its continuously growing ecosystem. The new mainnet is set to offer more security and velocity in order to respond to the TNC community needs.

“TNC mainnet will support the ambitious goal of introducing a novel blockchain infrastructure, as well as upcoming projects like Real Research, a decentralized research platform. Due to the third migration, the whole schedule, including the TNC Coin unlock date, will be rescheduled to give way for the new TNC project soon to be revealed. TNC Coin migration will also first occur in exchanges before proceeding with private wallet holders. After TNC Coin’s migration to its own mainnet, TNC Coin can be traded on all partner exchanges,” said the company in a recent press release.

Many may wonder what is behind the speed up in the development of the mainnet, which, according to TNC, is driven by a new project launching soon. Hence, the Dubai blockchain firm needed an improved and adapted blockchain network to support the company’s ecosystem expansion.

TNC IT Group is truly anticipating positive outcomes for this mainnet launch. The team also hinted that the blockchain community should be excited about the new TNC project, which will be announced next month.

TNC Co-Founder and Executive Director Jason Jang admits that he is very eager to launch the new project. He expressed:

“Our new blockchain project will exceed all users’ expectations. It would offer a top-tier service to companies and users. Moreover, we expect it to drive the value of TNC Coin,” added TNC.

TNC is very confident in launching a next-generation blockchain infrastructure that can fully support a growing ecosystem for the TNC community — without the need to depend on other chains or upgrade to better TPS.

With all-new development in place, TNC’s mainnet will empower the soon-to-be-revealed project of TNC. Also, we believe the launch of the mainnet and platform will reinforce the value and importance of TNC Coin in the market while creating innovative and useful platforms to encourage cryptocurrency adoption.

About TNC IT Group

TNC IT Group is responsible for an ambitious project in motion for about two years. The IT company pioneered the creation of a Crypto M&A program to bring together hundreds of crypto companies in using TNC Coin. TNC’s pivotal Crypto M&A experienced great success in its primary stage and — after the company’s extensive efforts — Crypto M&A commenced in its second batch of mergers.

Combined Market Cap of Five Largest MedTech Companies Surged by $40bn YoY

Oct 30, 2020

A Culture Of Data Literacy Holds The Key To Democratising Data Across An Organisation

Oct 29, 2020

Roboticist Dr. David Hanson And AI Pioneer Dr. Ben Goertzel Present Grace, The World’s First Humanoid Robot Assistant

Oct 28, 2020

The 2020 US Election: 5 Predictions for Healthcare

Oct 27, 2020

Photonics Digital Innovation Hub Secures €19 Million To Boost SME Growth And Ensure Europe’s Global Competitiveness 

Oct 26, 2020

Interview Aidan Meller, Gallerist And Visionary Creator Of Ai-Da Robot Artist

Oct 23, 2020

Interview With Ai-Da, The World’s First Ultra-Realistic Robot Artist

Oct 22, 2020

The World’s 34 Largest Megacities By Population

Oct 21, 2020

NGOs: Are Industry And Governments Watering Down New Cocoa Report Data To Downplay Persistent Child Labor and Farmer Poverty?

Oct 19, 2020

Top 10 Most Innovative Cities

Oct 16, 2020