CrypToken is a transaction system based on Blockchain technology. This transaction system has bee... more CrypToken is a transaction system based on Blockchain technology. This transaction system has been designed in order to overcome the drawbacks and the challenges faced by the current transaction system. By making use of the MultiChain technology of blockchain as well as parallel decentralized networks called meshnets, we have designed a transaction system which can perform transactions sans internet. By doing so, this concept can be extended to rural areas as well as areas with low cellular connectivity. This transaction system expedites the confirmation and validation of transactions which reduces the validation rate exponentially. The current system requires a maximum of 3 hours to confirm the transaction, whereas CrypToken achieves the same within 7 minutes. Being lightweight and environment friendly, it brings mining to the community as each transaction can be mined in an individual computer be it a home laptop or PC. Thus, reducing costs astronomically.
CrypToken is a transaction system based on Blockchain technology. This transaction system has bee... more CrypToken is a transaction system based on Blockchain technology. This transaction system has been designed in order to overcome the drawbacks and the challenges faced by the current transaction system. By making use of the MultiChain technology of blockchain as well as parallel decentralized networks called meshnets, we have designed a transaction system which can perform transactions sans internet. By doing so, this concept can be extended to rural areas as well as areas with low cellular connectivity. This transaction system expedites the confirmation and validation of transactions which reduces the validation rate exponentially. The current system requires a maximum of 3 hours to confirm the transaction, whereas CrypToken achieves the same within 7 minutes. Being lightweight and environment friendly, it brings mining to the community as each transaction can be mined in an individual computer be it a home laptop or PC. Thus, reducing costs astronomically.
CrypToken is a transaction system based on Blockchain technology. This transaction system has bee... more CrypToken is a transaction system based on Blockchain technology. This transaction system has been designed in order to overcome the drawbacks and the challenges faced by the current transaction system. By making use of the MultiChain technology of blockchain as well as parallel decentralized networks called meshnets, we have designed a transaction system which can perform transactions sans internet. By doing so, this concept can be extended to rural areas as well as areas with low cellular connectivity. This transaction system expedites the confirmation and validation of transactions which reduces the validation rate exponentially. The current system requires a maximum of 3 hours to confirm the transaction, whereas CrypToken achieves the same within 7 minutes. Being lightweight and environment friendly, it brings mining to the community as each transaction can be mined in an individual computer be it a home laptop or PC. Thus, reducing costs astronomically.
CrypToken is a transaction system based on Blockchain technology. This transaction system has bee... more CrypToken is a transaction system based on Blockchain technology. This transaction system has been designed in order to overcome the drawbacks and the challenges faced by the current transaction system. By making use of the MultiChain technology of blockchain as well as parallel decentralized networks called meshnets, we have designed a transaction system which can perform transactions sans internet. By doing so, this concept can be extended to rural areas as well as areas with low cellular connectivity. This transaction system expedites the confirmation and validation of transactions which reduces the validation rate exponentially. The current system requires a maximum of 3 hours to confirm the transaction, whereas CrypToken achieves the same within 7 minutes. Being lightweight and environment friendly, it brings mining to the community as each transaction can be mined in an individual computer be it a home laptop or PC. Thus, reducing costs astronomically.
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