We have some very exciting news for SafeCoin!
SafeCoin is now based on a customized Solana blockchain implementation. The world’s first and only “Community Edition” of Solana offers industrial grade speed, performance, interoperability, and scalability to the broad general public. In order to maintain the title of “World’s Most Secure Blockchain”, a complete rethink of the SafeCoin blockchain and design was required, and it was worth it.
SafeCoin didn’t just stop at moving to a Solana codebase; it was researched and developed for months to improve upon it, and to make Solana technology better for decentralization and adoption. Our various Consensus, privacy, data management and compression enhancements lowered the peripheral requirements to allow cost efficient use of SafeCoin’s highly performant, stable and secure Blockchain by anyone, allowing for widespread adoption.
Here is a quick real-world example:
Approximate unpruned disk space use over 1 year:
SafeCoin: 2TB (Identical Performance and Scalability)
Similar proportioned game changing improvements in RAM, bandwidth, and more were achieved, and further performance improvements are in development. The modified consensus enables a wide decentralization of the Network by setting a low entry level to participate. This marks a turning point in our efforts to put cutting edge technology in the hands of creators and inventors all around the globe and allows us to further proceed in creating the envisioned ecosystem, safe and secure, accessible for everyone.
The adaption of this new technology is a milestone for the project and enables the full vision of the Ecosystem to come to life and lays the foundation for a complete DeFi package. AMM´s, Decentralized Exchanges, Borrowing/Lending, Insurance and NFT´s, all powered and secured by SafeCoin. With potential to process well over 50,000 transactions per second the SafeCoin blockchain is able to host extremely throughput hungry applications at an unchallenged cost efficiency.
For holders of SafeCoin Classic, a 1:1 swap pair has been added to SafeTrade. Swap your SafeCoin Classic to the new Solana-based SafeCoin by May 9th, 2021. Any unswapped SafeCoin will be burned from the chain.
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