There’s a lot of buzz around the offices of ILCoin these days and has many of its users wondering, “What’s up?” The answer to that question is “all sorts of things”, and this article is a step-by-step guide through the exciting developments that have occurred at the end of last year and why you need to get onboard with ILCoin.
Throughout last October, we, the ILCoin Development Team, had been busy building on our existing technologies to finalize the next masterpiece of innovation, the 5 GB block. With the development phase of the 5 GB block finished by mid-October, the beta testing began and continued through till the end of the month. After testing was completed, we had a clear and full view of what needed to be improved upon. This paved the way for innovation into a more effective and user-friendly interface so that your data can be saved and stored faster and more reliably.
For anyone who sees the true potential of this tech, there will be some things that you need to keep an eye on. The development and preparation required to launch the new code was the first building block towards creating a Decentralized Cloud Blockchain (DCB). The first 5 GB block, the first official block in our new and improved blockchain technology, proved that on-chain data storage was possible using our custom mini-blocks by way of asynchronization technology.
As of the 29th of November, 2019, the first revolutionary 5 GB block was mined for the first time. This was truly a historical moment in tech industry as data storage of this scale had never been seen on a chain before. Our team is getting it registered along with our RIFT Protocol with the tech giants in Palo Alto to make it official.
This is great news for anyone who is already involved in our exciting circle of tech innovation and a potentially lucrative situation for any early adopters. You could be one of the first people to add your information to our giant chain and make history! Our technology is a game changer and is disrupting the competition. Here is why…
For years, since the first blockchain technology was developed for Bitcoin usage back in 2009, the industry has exploded to the point that makes any investor’s head spin. New coins and methods for exchange and transaction have been brought to the table. Some have failed, some have made headway, and some have changed the way we look at data storage altogether. But, to say that any chain has truly succeeded in catering to the modern day needs of your tech savvy entrepreneur is a long shot. Space and time, just like any other concept, has always remained the crux of man’s need for effective storage. After many years of development and research, this problem will soon be a thing of the past.
Whereas most blockchains can make thousands of transactions per minute on chains that can work realistically with data numbering in megabytes, our team here at ILCoin is now leaping into the future; providing a full 5 GB per chain. That’s not only more than thousands of transactions a second, but millions of them.
Some people think that this much data storage is overkill and won’t be needed or effective. They say that it will slow the process and create glitches in the system.
This couldn’t be further from the truth.
Our technology can run millions of transactions and store tons of data seamlessly is at your fingertips. Whether you are in law, medicine or business, we are spearheading the efforts to revolutionize the industry of blockchain technology and secure, mass data storage.
Whether you have been with ILCoin for a while or whether you are taking your first step into our novel technology, our blockchain is paving the way for the future of how we function online. We, the ILCoin Development Team, are bringing that future to you today. The uses for this technology are limitless, and the ease of use, as well as the versatility, can take your work and private life into a new age of online mobility.
Development of our RIFT Protocol ignited a passion and we strive daily to innovate and build more ways for this new technology to shine. We work with the needs of our users in mind, people like you, people who are interested in staying safe online and keeping fast and reliable tech at hand. The 29th of November was a historic day of change for anyone interested in safe data storage online.
We consider ourselves pioneers of modern tech and are ready to bring you something new. Keep yourself updated because a lot of interesting developments are around the corner, and if you haven’t gotten involved yet, now is the time. Investors and users can finally come together and live in a world where all of their needs are met; the way we use online data storage will never be the same again.