SmartHoldem is an open-source hybrid blockchain platform utilizing a unique combination of Delegated Proof of Stake (DPoS) and Proof of SpaceTime (PoSt) algorithms, making it a next-generation solution.
The balance between transaction processing speed, dynamic commissions, security, and decentralization provides the necessary scalability for the effective development of the SmartHoldem platform in accordance with growing demand. The network can easily scale by x10 or x1000.
SmartHoldem supports different hash rates depending on the transaction load. And as the hardware gets faster, the network gets faster. Below is the current performance of the SmartHoldem blockchain.
Proof of SpaceTime improves the blockchain's overall security, increases resistance to “51% attacks,” and reduces the carbon footprint of any application deployed on SmartHoldem PoSt.
SmartHoldem Delegated Proof of Stake works with Byzantine fault tolerance (BFT). This ensures that blocks are always completed and can never be returned.
Decentralization is fundamental in the world of blockchain technology.
The SmartHoldem DPoS and PoSt blockchains are decentralized and immutable, and operations are irreversible. Any transaction is available for viewing at any time.
Delegated Proof of Stake (DPoS) works based on a decentralized democratic voting process. This ensures that the validators who verify transactions and protect the network are chosen based on their reputation rather than through centralized control. Users retain control of the system and can remove ineffective delegates, preventing any organizations from monopolizing decision-making or manipulating the network.
SmartHoldem DPoS provides high transaction speeds and scalability, making it suitable for gaming applications that require high performance.
Proof of SpaceTime (PoSt) is a revolutionary approach to blockchain security and decentralization. We achieve high decentralization by incorporating this unique algorithm into the SmartHoldem blockchain infrastructure.
The PoSt network supports unlimited nodes, with each node confirming blocks, maintaining a copy of the blockchain history, and propagating new transactions throughout the network. This allows anyone with an Internet connection and some free disk space to participate in farming (similar to mining), securing the network, and receiving rewards.
By combining DPoS and PoSt, we create an efficient and scalable platform. The high transaction speeds and flexibility of DPoS effectively complement the PoSt verification process, allowing the network to handle increased transaction volumes while maintaining security and decentralization