Review on Fesschain by Adejoh Samuel
With FESSCHAIN, Safe And Secured Transactions Are Possible
FESSCHAIN which happens to be an acronym for the Future of Electronic Settlement System is a project that runs with the aim of improvising the way DApps are developed and runned, the project happens to suggest a way of harnessing the true potential of the blockchain network. It is registered in India and happens to be completely decentralized, it is dedicated to solving the already existing problems of scalability and security in the blockchain space. The company happens to be a reliable type, due to the fact that it is completely decentralized, its registered already (in India) and it supports privacy through the help of the blockchain technology. They also have their team members, who have their identity verified publicly shown.
The project works on the unique Neutrino Framework which is divided into 5 phases of 9 stages and these stages or phases sums each and every activity that takes place during any odd transaction on the FESS blockchain, it also happens to be the key to its speed with the increasing volume of data. As a means of providing optimum security system for members, FESSCHAIN uses a multi-layered technical architecture which makes it virtually impossible to hack into their system, they also make use of the Proof Of Stake (PoS) algorithm for a high level of protection for DApps. The project also executes its transactions at a very great speed (ensures 450-900 transactions per second, TPS) which is pecuilar to only few projects. The project records only relevant data which makes it highly scalable.
Pros
- The company is completely decentralized
- It runs at a very great transaction speed
- It is highly secured as it utilizes the multi-layered technical architecture, and by so doing prevents almost all possible hacks
- The project is a promising type as it promises secured and safe transactions
- It runs on a very great power system, the Neutrino Framework which happens to be the source of it's speed
Cons
- The company is yet to have a negative side to me
New products
Comments (1)
December 18, 2020
It is actually visible to the eyes that the number of new companies are on the rise on a daily basis. One of such is the FESS Chain. The project seems to have a good ambition cos security of funds is the most important of all things. What if you gather millions of dollars and loose it all at once? It's nice to support FESS Chain as I would soon.
