#newchain testnet
Explore tagged Tumblr posts
Visit Tumblr Blog
Explore Tumblr blogs with no restrictions, modern design and the best experience.
Last Seen Tumblr Blogs
Fun Fact
There are dozens of funny blogs to kill time on Tumblr.
Link
https://ift.tt/eA8V8J
1 note
·
View note
Text
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Newton Project has officially launched its blockchain product NewChain TestNet, along with Newton’s wallet NewPay and browser NewExplorer.
This marks that Newton now has a product which embodies its visions for the future, namely a gradual and steadfast process to commercialization.
With regards to transaction processing speed, technical solutions and product functions, Newton’s NewChain TestNet and other products have achieved a very high level of technological sophistication in order to meet commercial requirements.
According to Newton’s official announcement, NewChain TestNet has been able to reach 10,000 TPS; in real WANs, it can reach 5,000 TPS. Meanwhile, the same indicator of EOS and BTS is about 3,000 TPS, and of the global mainstream clearing center VISA is 2,000TPS.
NewChain consists of a main chain and many sub-chains. The main chain supports account management, Newton token management, sub-chain management, human-machine network governance, etc. The sub-chain supports various business scenarios, and multiple consensus mechanisms and data structures, and is highly scalable. The main chain adopts the Delegated Proof of Stake (DPoS) consensus mechanism, and the super nodes are elected through voting and deployed globally.
Newton’s wallet NewPay supports functions including the creation of wallets, importing and exporting wallets, scanning for payment, NFC and so on. Two IoT devices used in combination with NewPay are ready for use. Newton’s browser NewExplorer provides block browsing, transaction query, account inquiry and other functions. According to Newton’s official disclosure, the two major products will continue to be updated in the future.
From a technical point of view, the security, the transaction processing speed, and the scalability of the products are sufficient to provide a solid foundation for commercialization. According to Newton team, they have already planned several major application scenarios and are assiduously preparing for upcoming ventures and opportunities.
With the launch of NewChain products, the Newton team has planned several major application scenarios such as retail, supply chain, finance, entertainment, etc. Chain-commerce retail will be the first practical application for the Newton project and will be Newton’s first showcase scenario.
It is natural that Newton should choose retail as its first application scenario. Newton founder Mr. Jizhe Xu was the CTO of of OKbuy.com, which is China’s largest footwear e-commerce platform and has received a substantial investment of $77 million from Sequoia Capital and Tencent. Mr. Jizhe Xu has already gathered several veteran entrepreneurs of E-commerce as a “Newton Core Community of Common Interest”. Therefore, for the Newton team, retail industry is their most familiar battlefield with their moat already built.
At present, several applications of Chain-commerce retail industry, including NewMall, are under developing and are expected to cover many countries and multiple models.
According to Newton team’s forecast, in 2019, Newton Chain-commerce retail will reach the GMV of 3 billion yuan. If the goal is achieved, Newton will probably rank among the leading blockchain projects in terms of transaction size.
Newton Website: https://www.newtonproject.org/#
Contact Person: pengqingying
Contact Email: [email protected]
Telegram: https://t.me/Newtonproject
Company Name: Newton Universe Limited
Email: [email protected]
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements appeared first on Bitcoin News.
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements published first on https://medium.com/@smartoptions
0 notes
Text
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Newton Project has officially launched its blockchain product NewChain TestNet, along with Newton’s wallet NewPay and browser NewExplorer.
This marks that Newton now has a product which embodies its visions for the future, namely a gradual and steadfast process to commercialization.
With regards to transaction processing speed, technical solutions and product functions, Newton’s NewChain TestNet and other products have achieved a very high level of technological sophistication in order to meet commercial requirements.
According to Newton’s official announcement, NewChain TestNet has been able to reach 10,000 TPS; in real WANs, it can reach 5,000 TPS. Meanwhile, the same indicator of EOS and BTS is about 3,000 TPS, and of the global mainstream clearing center VISA is 2,000TPS.
NewChain consists of a main chain and many sub-chains. The main chain supports account management, Newton token management, sub-chain management, human-machine network governance, etc. The sub-chain supports various business scenarios, and multiple consensus mechanisms and data structures, and is highly scalable. The main chain adopts the Delegated Proof of Stake (DPoS) consensus mechanism, and the super nodes are elected through voting and deployed globally.
Newton’s wallet NewPay supports functions including the creation of wallets, importing and exporting wallets, scanning for payment, NFC and so on. Two IoT devices used in combination with NewPay are ready for use. Newton’s browser NewExplorer provides block browsing, transaction query, account inquiry and other functions. According to Newton’s official disclosure, the two major products will continue to be updated in the future.
From a technical point of view, the security, the transaction processing speed, and the scalability of the products are sufficient to provide a solid foundation for commercialization. According to Newton team, they have already planned several major application scenarios and are assiduously preparing for upcoming ventures and opportunities.
With the launch of NewChain products, the Newton team has planned several major application scenarios such as retail, supply chain, finance, entertainment, etc. Chain-commerce retail will be the first practical application for the Newton project and will be Newton’s first showcase scenario.
It is natural that Newton should choose retail as its first application scenario. Newton founder Mr. Jizhe Xu was the CTO of of OKbuy.com, which is China’s largest footwear e-commerce platform and has received a substantial investment of $77 million from Sequoia Capital and Tencent. Mr. Jizhe Xu has already gathered several veteran entrepreneurs of E-commerce as a “Newton Core Community of Common Interest”. Therefore, for the Newton team, retail industry is their most familiar battlefield with their moat already built.
At present, several applications of Chain-commerce retail industry, including NewMall, are under developing and are expected to cover many countries and multiple models.
According to Newton team’s forecast, in 2019, Newton Chain-commerce retail will reach the GMV of 3 billion yuan. If the goal is achieved, Newton will probably rank among the leading blockchain projects in terms of transaction size.
Newton Website: https://www.newtonproject.org/#
Contact Person: pengqingying
Contact Email: [email protected]
Telegram: https://t.me/Newtonproject
Company Name: Newton Universe Limited
Email: [email protected]
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements appeared first on Bitcoin News.
READ MORE http://bit.ly/2oLdjam
#cryptocurrency#cryptocurrency news#bitcoin#cryptocurrency market#crypto#blockchain#best cryptocurren
0 notes
Text
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements
This is a paid press free up, which comprises ahead taking a look statements, and will have to be handled as promoting or promotional subject material. Bitcoin.com does no longer endorse nor fortify this product/carrier. Bitcoin.com isn’t chargeable for or chargeable for any content material, accuracy or high quality inside the press free up. Newton…
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements was originally published on Daily Cryptocurrency News
0 notes
Text
One Year In, a Big Thank You from Newton!
December 25 is Grav-mass, the birthday of Sir Isaac Newton.
On December 25, 2017, Newton Project, the infrastructure for the community economy, was born. Today is its first birthday.
Today marks a year of Newton operations. From March to April of this year, we published the first version of our White Paper, launched our website, and completed the first token exchange. In July, we completed the second exchange; in September, we released NewChain TestNet, and on December 11, we held the Community Node Conference. On December 18, we announced the simultaneous launch of MainNet, NewPay, and NewExplorer.
The Project has gone to Singapore, China, Japan, and the US, among other countries. Volunteers have established their own local communities in 28 countries, totalling 170,000 members. The Newton idea is gaining ever more recognition.
Newton’s Multidimensional Community Cohesion
A blockchain project requires not only a devoted core team, but also community backing. Community is next on Maslow’s hierarchy of needs after ensuring survival. The power of community can promote rapid organizational development.
This year the Newton translation community started from scratch to reach a close to 100 people through continuous optimization of incentive mechanisms, supporting independent translation into 43 languages, and in-house translation into 20 languages.
On December 11, we held the “Gravitation” Community Node Conference in Macao, in which we discussed community governance and incentive mechanisms, and tested rotating community management teams. The response in the community was warm and everyone voted enthusiastically. Through implementation, the rotating teams have demonstrated their advantages, and community activity has been unprecedented.
We also discussed establishing developer communities next year. These measures will improve community management in multiple dimensions and strengthen community cohesion.
Keystone Investors’ Support for Newton’s Commercialization
NewPay, Newton’s first practical application, was launched simultaneously with MainNet. Aside from ordinary payment and transfer functions, it also includes NewID management, NFC, lightning settlement, micropayments, and super node voting, etc.
In the first quarter of next year, we will launch the heavyweight application NewMall, which will enable participants such as consumers and suppliers to receive tokens in accordance with their contributions to the community, reflecting the vision of decentralization whereby “everyone contributes and everyone benefits.” NewMall will transform the relationship between users and the platform from opposition into mutual benefit.
In 2018, we also set seven major application areas: chain commerce retailing, payments, supply chain, self-finance, gaming, agriculture, and philanthropy. We also concluded strategic cooperation with well-known companies such as Chongqing Grain Group, okbuy.com, sina.com, Janlent, One Town One Project, and Wei’ao Health. These gains are inseparable from the support given by Newton’s cornerstone investors. We will connect the chain to more decentralized applications, to create a free and open global ecosystem.
Technology: The Foundation for Practical Applications
Without a solid technical foundation, there would be no way to support top-layer applications. Since its inception, Newton has developed in two directions: a foundation technology level, and a hyper exchange protocol. The foundation technology supports the hyper exchange protocol, while the protocol is the basic commercial protocol cluster that supports the top-level applications.
On December 18, MainNet was launched, reaching 5,000 transaction per second (TPS), with 3 second block intervals, supporting the high-frequency transaction requirements of E-commerce and IoT applications, and reaching commercial-grade scalability in anticipation of commercialization.
One year is not a long time, but the blockchain industry has experienced several ups and downs in that time, causing markets to rationally re-assess the prospects of blockchain. After the shine fades, only projects with real value will survive. The Newton Project, born for the new economy, will bring new glory to the world.
Looking back, Newton has laid a solid foundation for its community, application, technical, and commercial development. Looking forward, it will continue to uphold the principle that “everyone should benefit directly from economic growth,” using blockchain to empower the real economy, breaking through silos, and exploring the path to a new economy.
Technology: The Foundation for Practical Applications
Without a solid technical foundation, there would be no way to support top-layer applications. Since its inception, Newton has developed in two directions: a foundation technology level, and a hyper exchange protocol. The foundation technology supports the hyper exchange protocol, while the protocol is the basic commercial protocol cluster that supports the top-level applications.
On December 18, MainNet was launched, reaching 5,000 transactions per second (TPS), with 3-second block intervals, supporting the high-frequency transaction requirements of E-commerce and IoT applications, and reaching commercial-grade scalability in anticipation of commercialization.
One year is not a long time, but the blockchain industry has experienced several ups and downs in that time, causing markets to rationally re-assess the prospects of the blockchain. After the shine fades, only projects with real value will survive. The Newton Project, born for the new economy, will bring new glory to the world.
Looking back, Newton has laid a solid foundation for its community, application, technical, and commercial development. Looking forward, it will continue to uphold the principle that “everyone should benefit directly from economic growth,” using blockchain to empower the real economy, breaking through silos, and exploring the path to a new economy.
Find out more on https://www.newtonproject.org/
Newton Facebook: https://www.facebook.com/newtonproject
Newton Twitter: https://twitter.com/newton_project
US Telegram：https://t.me/joinchat/HFyzCRJkhhic1qpRTuYRyQ
Asian Telegram：https://t.me/NewtonVietnam
Media Contact:
Company Name: Newton Project
Contact Person: Peng Qingying
Email: [email protected]
Phone: (+86) 17611706692
Country: Singapore
Website: http://bit.ly/2BZ2FTO
The post One Year In, a Big Thank You from Newton! appeared first on ZyCrypto.
[Telegram Channel | Original Article ]
0 notes
Photo
@BTCTN : PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements https://t.co/rwkyfwO9PF https://t.co/1JFIXxtZbl (via Twitter http://twitter.com/BTCTN/status/1037999208094203909)
0 notes
Photo
NewChain TestNet Officially Launched and Fully Meets Commercial Requirements More Crypto News Here!
0 notes
Link
via Twitter https://twitter.com/Elvismanyika
0 notes
Text
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements. #cryptocurrency #crypto #bitcoin #cryptocurrencies https://ift.tt/2CuiC7U
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements. #cryptocurrency #crypto #bitcoin #cryptocurrencies https://ift.tt/2CuiC7U
from Cryptocurrency and Blockchain News https://twitter.com/cryptoicobull/status/1037997996053618688 via IFTTT. Earn Bitcoin - http://bit.ly/earnbitcoineasily.
0 notes
Text
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements
PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements
[ad_1]
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Newton Project has officially launched its blockchain product NewChain TestNet, along…
View On WordPress
0 notes
Text
NewChain TestNet Officially Launched and Fully Meets Commercial Requirements
This marks that Newton now has a product which embodies its visions for the future, namely a gradual and steadfast process to commercialization.
With regards to transaction processing speed, technical solutions and product functions, Newton’s NewChain TestNet and other products have achieved a very high level of technological sophistication in order to meet commercial requirements.
According to Newton’s official announcement, NewChain TestNet has been able to reach 10,000 TPS; in real WANs, it can reach 5,000 TPS. Meanwhile, the same indicator of EOS and BTS is about 3,000 TPS, and of the global mainstream clearing center VISA is 2,000TPS.
NewChain consists of a main chain and many sub-chains. The main chain supports account management, Newton token management, sub-chain management, human-machine network governance, etc.
The sub-chain supports various business scenarios, and multiple consensus mechanisms and data structures, and is highly scalable. The main chain adopts the Delegated Proof of Stake (DPoS) consensus mechanism, and the super nodes are elected through voting and deployed globally.
Newton’s wallet NewPay supports functions including the creation of wallets, importing and exporting wallets, scanning for payment, NFC and so on. Two IoT devices used in combination with NewPay are ready for use.
Newton’s browser NewExplorer provides block browsing, transaction query, account inquiry and other functions. According to Newton’s official disclosure, the two major products will continue to be updated in the future.
From a technical point of view, the security, the transaction processing speed, and the scalability of the products are sufficient to provide a solid foundation for commercialization. According to Newton team, they have already planned several major application scenarios and are assiduously preparing for upcoming ventures and opportunities.
With the launch of NewChain products, the Newton team has planned several major application scenarios such as retail, supply chain, finance, entertainment, etc. Chain-commerce retail will be the first practical application for the Newton project and will be Newton’s first showcase scenario.
It is natural that Newton should choose retail as its first application scenario. Newton founder Mr. Jizhe Xu was the CTO of of OKbuy.com, which is China’s largest footwear e-commerce platform and has received a substantial investment of $77 million from Sequoia Capital and Tencent.
Mr. Jizhe Xu has already gathered several veteran entrepreneurs of E-commerce as a “Newton Core Community of Common Interest”. Therefore, for the Newton team, retail industry is their most familiar battlefield with their moat already built.
At present, several applications of Chain-commerce retail industry, including NewMall, are under developing and are expected to cover many countries and multiple models.
According to Newton team’s forecast, in 2019, Newton Chain-commerce retail will reach the GMV of 3 billion yuan. If the goal is achieved, Newton will probably rank among the leading blockchain projects in terms of transaction size.
The post NewChain TestNet Officially Launched and Fully Meets Commercial Requirements appeared first on CoinSpeaker.
NewChain TestNet Officially Launched and Fully Meets Commercial Requirements published first on https://medium.com/@smartoptions
0 notes
Text
One Year In, a Big Thank You from Newton!
December 25 is Grav-mass, the birthday of Sir Isaac Newton.
On December 25, 2017, Newton Project, the infrastructure for the community economy, was born. Today is its first birthday.
Today marks a year of Newton operations. From March to April of this year, we published the first version of our White Paper, launched our website, and completed the first token exchange. In July, we completed the second exchange; in September, we released NewChain TestNet, and on December 11, we held the Community Node Conference. On December 18, we announced the simultaneous launch of MainNet, NewPay, and NewExplorer.
The Project has gone to Singapore, China, Japan, and the US, among other countries. Volunteers have established their own local communities in 28 countries, totaling 170,000 members. The Newton idea is gaining ever more recognition.
Newton’s Multidimensional Community Cohesion
A blockchain project requires not only a devoted core team, but also community backing. Community is next on Maslow’s hierarchy of needs after ensuring survival. The power of community can promote rapid organizational development.
This year the Newton translation community started from scratch to reach a close to 100 people through continuous optimization of incentive mechanisms, supporting independent translation into 43 languages, and in-house translation into 20 languages.
On December 11, we held the “Gravitation” Community Node Conference in Macao, in which we discussed community governance and incentive mechanisms, and tested rotating community management teams. The response in the community was warm and everyone voted enthusiastically. Through implementation, the rotating teams have demonstrated their advantages, and community activity has been unprecedented.
We also discussed establishing developer communities next year. These measures will improve community management in multiple dimensions and strengthen community cohesion.
Keystone Investors’ Support for Newton’s Commercialization
NewPay, Newton’s first practical application, was launched simultaneously with MainNet. Aside from ordinary payment and transfer functions, it also includes NewID management, NFC, lightning settlement, micropayments, and super node voting, etc.
In the first quarter of next year, we will launch the heavyweight application NewMall, which will enable participants such as consumers and suppliers to receive tokens in accordance with their contributions to the community, reflecting the vision of decentralization whereby “everyone contributes and everyone benefits.” NewMall will transform the relationship between users and the platform from opposition into mutual benefit.
In 2018, we also set seven major application areas: chain commerce retailing, payments, supply chain, self-finance, gaming, agriculture, and philanthropy. We also concluded strategic cooperation with well-known companies such as Chongqing Grain Group, okbuy.com, sina.com, Janlent, One Town One Project, and Wei’ao Health. These gains are inseparable from the support given by Newton’s cornerstone investors. We will connect the chain to more decentralized applications, to create a free and open global ecosystem.
Technology: The Foundation for Practical Applications
Without a solid technical foundation, there would be no way to support top-layer applications. Since its inception, Newton has developed in two directions: a foundation technology level, and a hyper exchange protocol. The foundation technology supports the hyper exchange protocol, while the protocol is the basic commercial protocol cluster that supports the top-level applications.
On December 18, MainNet was launched, reaching 5,000 transaction per second (TPS), with 3 second block intervals, supporting the high-frequency transaction requirements of E-commerce and IoT applications, and reaching commercial-grade scalability in anticipation of commercialization.
One year is not a long time, but the blockchain industry has experienced several ups and downs in that time, causing markets to rationally re-assess the prospects of blockchain. After the shine fades, only projects with real value will survive. The Newton Project, born for the new economy, will bring new glory to the world.
Looking back, Newton has laid a solid foundation for its community, application, technical, and commercial development. Looking forward, it will continue to uphold the principle that “everyone should benefit directly from economic growth,” using blockchain to empower the real economy, breaking through silos, and exploring the path to a new economy.
Technology: The Foundation for Practical Applications
Without a solid technical foundation, there would be no way to support top-layer applications. Since its inception, Newton has developed in two directions: a foundation technology level, and a hyper exchange protocol. The foundation technology supports the hyper exchange protocol, while the protocol is the basic commercial protocol cluster that supports the top-level applications.
On December 18, MainNet was launched, reaching 5,000 transaction per second (TPS), with 3 second block intervals, supporting the high-frequency transaction requirements of E-commerce and IoT applications, and reaching commercial-grade scalability in anticipation of commercialization.
One year is not a long time, but the blockchain industry has experienced several ups and downs in that time, causing markets to rationally re-assess the prospects of blockchain. After the shine fades, only projects with real value will survive. The Newton Project, born for the new economy, will bring new glory to the world.
Looking back, Newton has laid a solid foundation for its community, application, technical, and commercial development. Looking forward, it will continue to uphold the principle that “everyone should benefit directly from economic growth,” using blockchain to empower the real economy, breaking through silos, and exploring the path to a new economy.
Newton Facebook: https://www.facebook.com/newtonproject Newton Twitter: https://twitter.com/newton_project US Telegram：https://t.me/joinchat/HFyzCRJkhhic1qpRTuYRyQ Asian Telegram：https://t.me/NewtonVietnam
Media Contact: Company Name: Newton Project Contact Person: Peng Qingying Email: [email protected] Phone: (+86) 17611706692 Country: Singapore Website: https://www.newtonproject.org
[Telegram Channel | Original Article ]
0 notes