The key differences between SagaChain™ and other chains
PraSaga™ has developed some truly innovative solutions to problems faced by other layer-one blockchains, here we discuss some of the main aspects of how SagaChain™ differs and why
Eliminate smart contracts
We eliminate smart contracts, the point of serialization that causes the inability to scale.
While we have developed SagaPython™ (as our initial platform for app development) but we are looking to add more languages soon.
We create a global namespace in a single instance global class tree, which delivers a 100x or better time to market for applications.
We produce blocks in parallel on multiple chains, syncing hashpower from each chain with all other chains, reaching 100x and higher blocks per bitcoin block and reducing energy consumption of the per block of 100x or more compared to each bitcoin block.
We are a single layer blockchain, there are no layer 2 attempts at solving scale which all fail.
We create a Global Unique ID for your account, each of your assets which is a 256 bit string that will not be repeated for billions of years.
SagaChain™ consensus explained
What is the SagaChain hybrid consensus mechanism? …we explain in detail, why it is more secure than a single Proof of Work or Proof of Stake system.
Proof of Stake explained
Proof-of-Stake is a cryptocurrency consensus mechanism for processing transactions and creating new blocks in a blockchain.
Proof of Authority explained
Proof of Authority (PoA) is a reputation-based consensus algorithm that introduces a practical and efficient solution for blockchain networks (especially the private ones).
Proof of Work explained
Proof of work is a technique used by cryptocurrencies to verify the accuracy of new transactions that are added to a blockchain.