SplitChain is designed to solve several limitations found in traditional blockchain networks, while still maintaining security and decentralisation.
These benefits are central to why Zucoins can offer real-time, fee-free transfers.
Key Benefits
Zucoins highlights the following SplitChain features:
Real-Time P2P: transactions are processed and validated on each device using the system, with the speed and volume capacity of the network increasing as the network itself grows.
Zero Cost: because the ledger updates autonomously through peer-to-peer propagation, there is no need for miners, resulting in fee-less transactions with fast settlement times.
Secure: data is fragmented across the network, so encrypted data cannot be read unless all pieces are gathered together with the relevant unlocking keys.
UL Audited: SplitChain's encryption methods have been audited by UL, the world's leading standards organisation.
Infinite Longevity: Zucoins can be micro-fractionalised to up to 32 decimal places currently, with the ability to expand further in future.
Tokenise Assets: any dataset, metadata, or smart contract logic can be attached to a specific coin fraction.