Unlike traditional blockchain networks, SplitChain does not use a mining process to validate transactions. Instead, transactions are validated directly between the transacting peers.
This design choice is central to how Zucoins is able to offer fee-free, real-time transfers.
How Validation Works Instead
SplitChain does not use a mining process to validate transactions; transactions are validated by finding truth between the transacting peers. The SplitChain network itself only temporarily caches the two most recent transactions, rather than relying on miners to confirm and permanently record every transaction.
Why This Matters
Because the ledger is updated autonomously through this peer-to-peer method, there is no need for miners, resulting in an efficient system that supports fee-less transactions with fast settlement times.