The founders of cryptocurrency exchange Cobinhood are commissioning the development of a new blockchain capable of processing 1 million transactions per second, a massive undertaking given that Bitcoin transaction can take hours to complete and Ethereum transactions range from 1-5 minutes, with even Visa’s ~2000 tx/s being dwarfed in comparison. The company behind the projectThe post Cobinhood Founders Raise $20 Million for Blockchain That Processes 1 Million Transactions Per Second appeared first on CCN
