Among 126 notable layer-1 blockchains, where will ParallelChain be positioned?
Team CEO Ian Huang (decades of tech experience) and reputable advisors from major tech companies.
Speed
- Private network: 120,000 transactions/sec, 3 ms confirmation time.
- Mainnet: Up to 80,000 transactions/sec.
3ms possible because of Proof-of-Immutability, which means it does not require consensus or mining during the recording of data.
Benefits
- All-in-one capability: interconnect between Public or Private modes
- ParallelWallet: AI and blockchain as its underlying infrastructures.
- Migration capability: e.g. from older Gen-1 blockchains.
- Privacy compliance: Guaranteed local data privacy regulations such as GDPR.
Launched XPLL is tradeable since 8 June, 2023. Price is $0.441, 24h price is -11.65%. It is available on KuCoin as an the XPLL/USDT pair. 24h volume $174,039.
It's too early to assess long-term performance, but ParallelChain stands out with a strong CEO, futureproof technologies, and fast transactions. However, the initial trading numbers are unimpressive, and the speed in ParallelChain 2.0 is a lot lower than said (200k); I give a 4-star rating. Show Less
