โ๏ธThe future of blockchain 3.0
Differences in multi layers
Functions
Bitcoin Blockchain 1.0
Ethereum Blockchain 2.0
Jindo Chain Blockchain 3.0*
WEB 3
No
No
Yes
Fees
3-10$ High
?
$0.01 The lowest
Smart Contracts
No
Yes
Yes
Dapps
No
Yes
Yes
Transactiosn speed
7 transactions per 1 second
? transactions per 1 second
min.10.000 transactions per 1 second
Transactions Confirmed
10 minutes
? minutes
2-3 seconds
Energy consumption
High
?
99% Lower carbon footprint
Privacy Function
No
No
Yes
Consensus mechanism
PoW
Proof-Of-Work
PoS
Proof-Of-Stake
PoS Proof-Of-Stake
*The JindoChain calculation is made on the basis of a consensus from the Cosmos ecosystem. But this does not ensure that we will build our private ecosystem with them. We will look for the best solutions. (Faster - Cheaper - Safer - Maximum private)
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