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Published on 08-12-2020 05:08:36 AM by Rajkamal Bhatnagar
GramFree is a blockchain-based digital project developed to be fast, safe, scalable and capable of processing millions of transactions per second. It is designed to compete with Ethereum smart contracts and decentralized applications, while being extremely scalable.
Private permissioned blockchains ensure, by definition, faster execution time than public permissionless blockchains because they rely on a small number of selected and trusted verifiers rather than requiring the consensus of a large amount of "anonymous" nodes, which need to be checked through ingenious algorithms.
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