âī¸The 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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