What is SplitChain Technology?

Instant P2P

The unique manner in which SplitChain fragments data through the network, means data size becomes irrelevant and therefore the speed is instantaneous. In fact, the speed of transactions and volume capacity of the network increases as the network increases. This is the main factor in solving blockchain’s scalability issues.

Zero Cost

Because the ledger is updated autonomously, through a new P2P method of consensus, there is no need for Miners or any 3rd party verification. The result is therefore a fee-less transaction. This also contributes to the speed of transaction mentioned previously.

100% Secure

The primary principle of Zucoins is the fragmentation of data through the network. The encrypted data cannot be read unless all pieces are gathered together and relevant unlocking keys supplied, meaning no individual can unlock the data. Even if a single data packet was intercepted, it would be meaningless without the remaining fragments.

UL Certification

UL is the world leading standards organisation, which have audited, verified and certified the SplitChain code. That way you can be sure that Zucoins do what we say they can.

Infinite Longevity

Again, due to the fragmentation of data this means that there is no limit to the data size. Unlike current blockchain constraints, where every transaction incrementally increases the block size. It is therefore possible that someday traditional blockchains will be too big to transact.

Another incredible feature is the ability to infinitely fractionalise a Zucoin. So, 1 Zucoin could be split into 1000 parts and those thousand into a further 1000 and so on. The implication is that whatever the value of a Zucoin becomes, say $1m you will still be able to buy a coffee for example.

Tokenise Assets

As it currently stands in order to tokenise an asset, dedicated tokens are specifically developed and issued. With Zucoins the functionality exists to attach any smart contract or data set to a specific coin or fraction thereof. It’s as easy as copying and pasting into the description field of a transaction.

Partner Eco-System

The SplitChain and Zucoin ecosystem use a transactional framework that works with other data and transaction types. This means that third parties can utilise the framework for their own decentralised transfer and verification of data. The ecosystem facilitates a reliable, verifiable and secure online transaction/exchange method for different data types.

An example of this is Zukaz, a premier partner of Zucoins. Zukaz is soon to be integrated with Zucoins to create a marketplace for businesses & consumers to use and trade Zucoins for goods and services.

20% of all income generated by Zukaz will be distributed pro-rata to Zucoin holders.

Learn more about Zukaz

Technology