ThunderCore is a blockchain platform that aims to provide faster and cheaper transactions compared to other existing platforms moreThunderCore is a blockchain platform that aims to provide faster and cheaper transactions compared to other existing platforms. One of the potential benefits of ThunderCore is its high speed, which claims to be capable of handling 1,200 transactions per second. This is achieved through an improved consensus mechanism called Thunderella, which is supposed to provide faster confirmation times and better scalability. Additionally, ThunderCore also claims to have lower transaction fees compared to Ethereum, which is its main competitor.
Another benefit of ThunderCore is its compatibility with Ethereum, which makes it easier for developers to migrate their existing applications and smart contracts to ThunderCore. ThunderCore also has its own token called TT, which serves as the gas for transactions and smart contract executions on the platform. TT is used as a reward for nodes that help validate transactions, and can also be staked to help secure the network.
ThunderCore claims to have a strong focus on security, and has implemented measures such as a bug bounty program and regular security audits. They also have partnerships with various companies such as ChainLink and Huobi, which could potentially help bring more adoption and use cases for the platform.
It should be noted that ThunderCore is still a relatively new and unproven platform, and its claims should be taken with a grain of salt. However, the potential benefits of ThunderCore could make it a strong contender in the blockchain space in the future.
Sources:
- "ThunderCore: A Faster, Lower Cost Blockchain Platform for Decentralized Applications and Services": https://thundercore.com/wp-content/uploads/ThunderCore-Whitepaper-EN.pdf
- "ThunderCore: High Performance Consensus and EVM Compatible Contracts": https://medium.com/thundercore/thundercore-high-performance-consensus-and-evm-compatible-contracts-144175de9b48
- "About ThunderCore": https://thundercore.com/about/ (AI generated summary)
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