¬†CODEO NETWORK system has the capacity for millions of transactions per second with the use of sharing sidechains where the speed reaches 20,113 transactions per second in one side of a single chain.
The CODEO development team is currently trying to improve the capacity and capability of CODEO in adding more transaction chains that will later use PoS (Proof of Stake)
Low Transaction Throughput
Main net or Public ¬†blockchains have to maintain a certain amount of time lag between the production of adjacent blocks so as to ensure ample time for block propagation. Also, the block size needs to be small so as to ensure quick propagation of the block through the CNETWORK system. This entails that the number of transactions in a particular block need to be fairly limited.
The CODEO CNETWORK system solves this problem by using a¬†Block Producer layer to produce the blocks.¬†Block Producers enable the system to produce blocks at a very fast rate. The system ensures decentralization using PoS checkpoints which are pushed to the Mainchain (Ethereum serves as the mainchain for a start).This enables The CODEO CNETWORK system to theoretically achieve up to¬†216216¬†transactions per second on a single side chain.
Exchange listing to be announced
The Future of Digital Asset
CODEO TOKEN was built with a variety of unique and special unlike other Tokens, because CODEO TOKEN comes as a vehicle forms a safe and comfortable digital ecosystem by providing protection not only against security, but rather protection of business value and value of codeo assets owned by users. in business aspects Code is designed as a long-term and sustainable digital transaction instrument where CODEO TOKEN is in phase future planning will be used not only for crypto users and the blockchain industry but CODEO TOKEN continue to build a unique and integrated ecosystem in various industries. through FIVE ANGES INVESTMENT (FAI Limited) Legal companies registered on the British Virgin island (BVI) will encourage the CODEO TOKEN function to be used in various industries including Startup products included in the CODEO incubator program
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Codeo Token Distributions Phase by Phase and Roadmap for Development of Codeo Ecosystem
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