RE: Malaysian Bank24 Feb 2021 13:17
Reminder:
Per Shayne (new GST Director and Director of Coalculus):
- " UK is becoming a hotbed for Coalculus. GST made it possible"
- "Hi Lesley, bitcoin and other cryptos is a necessary part of any fully decentralized network. It acts as the 'gas' to pay for transactions and as an incentive tool to get more participants to validate the transactions on the network. More validators means more decentralization, and stronger network security.
Cryptos that don't live on the blockchain is no different from the digits in a centralized database. Paypal is one good example. Good thing paypal is beginning to accept crypto payments"
Above from Shayne - I think we can safely say yes, GST is vehicle for enterprise blockchain commercialisation of Coalculus underpinned by COAL coin.
Additional re-post of info shared by Shayne:
"1 - what is so different about COALculus vs competitors doing what is similar to coalculus?
Coalculus is a multichain hybrid blockchain platform with a time-tested and stable consensus algorithm at its core. Our tech is built on Java and it’s been proven to be highly scalable and secure unlike most other POS blockchains, i.e., Eth 2.0 which is still in its infancy stages.
On the enterprise side, the Coalculus enterprise blockchain platform comes with more than 100+ custom APIs, smart contract and is optimized for hybrid deployments. Optimization for hybrid deployments is an important differentiation factor because this enables us to invite large-scale enterprises to build blockchain based networks and apps on top of their existing IT and cloud assets without worrying about networking and system security.
2 - as co founder of coalculus with Jack, how much of GST resources is being directed to fund coalculus?
On the topic of blockchain investment, I'm afraid I won't be able to discuss with you beyond what is already publicly available. Please check the appropriate channels.
3 - what are some roadmap or rough plans/ goals for coalculus in the next 1-3 years?
Coalculus roadmap has been widely published on several blockchain websites. Here are some bite sized information:
Q2-Q4 2021 Focus on Enterprise Chain migrations.
Q1-Q4 2022 Expand global partnerships for our digital money solutions.
Q1-Q4 2023 Implement series of technical upgrades to increase transaction throughput"
PP