GRAFT Releases Real Time PoS Crypto Payment Authorizatizing Supernodes
GRAFT Launches World’s First Real-Time Supernode Payment Processor
The crypto world has been seeing a slew of information on real time supernodes and GRAFT is taking full interest in the growing movement. The first purpose of a real time supernode is mainly for point of sale purchases, making them realistic with cryptocurrency applications. At this time, the only two ways to perform real time transactions are with fiat currency, ATM cards and credit cards.
The supernode being developed by graft is looking to give cryptocurrency a chance at becoming a real time use currency by speeding up the often-slow transaction times. Accomplishing fast transaction times is done by creating a new second layer on the nodes, making them operated more efficiently when running on the blockchain or for off-chain transactions like what happens with many point of sale purchases. The system consensus protocol will be a Proof of Stake operating system that causes retailers and cryptocurrency holders to collaborate with the new technology with a new level of trust. Passive income will be provided to the owners to make the system work properly.
By making it possible to pay for goods and services with cryptocurrency, things will begin moving more mainstream. Finding a way to make crypto an every day use asset has been somewhat of a challenge that people have been trying to overcome for some time now. That is why GRAFT is now in works towards the completion of an entire system of masternodes to be used for making lightning fast transactions with cryptocurrency possible.
The masternodes are becoming more popular because of this one potential use. Even merchant retailers are taking interests in the project or there would be no point in proceeding on with it. One of GRAFT’s main objectives is to make the integration of their software into already existing eco-systems seamless. Another important principle is cheap transactions, the industry has already seen major players like Stripe fail at attempting this. Usually, the fees are constantly changing and much risks are involved, making real time transactions impossible for everyday use.
It looks like GRAFT is giving ideal requirements to make real time payments possible, by offering several different networks with access to the system. By using already existing payment solutions, the integration of GRAFT’s application should role over smoothly. They’ve already been seeing success in some collaborations with different point of sale terminals. The solution makes it easy for others to adopt for their own needs, since GRAFT is only acting a facilitator of the transactions for the most part.
The main concern has been the potential hacking of point of sale terminals. The GRAFT network however, promises to have addressed this concern along with all others, making it the smart choice for the future of real time cryptocurrency applications. The project operates on an open-sourced platform which is free to use, with a low network fee being required to pay for the use of the masternodes. You can sign up for the system and learn more about it at GRAFT’s official company website.
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