Newton Project Releases NewChain TestNet, Crypto Wallet And Blockchain Browser
Newton Project was created with the intentions of ensuring that the general public benefited as much as they can from economic growth. To make their goal a reality, three key measures have since been taken and launched.
As per Newton Project’s announcement made Monday, September 3 revealed that the project was successful in launching its NewChain TestNet, payment system and wallet, NewPay and a block browsing platform dubbed, NewExplorer.
Based on the claims made, the platform was capable of conducting 10,000 transactions per second (TPS) with a real WAN of 5000 TPS. Also, it supports a block generation rate of 3 seconds.
Furthermore, the platform has been split into two subsets called the “Mainchain” and the “Subchain”, where the first will serve as the account that manages tokens, along with “human-machine network governance”. The second will strictly serve as a support for “derivative scenarios, consensus mechanisms and data structures.”
When considering the launch on a geographical perspective, its nodes have supposedly been installed in the US, Tokyo, and Singapore. The team shared that they are currently working towards expanding across multiple regions in the times to come.
NewPay is a cryptocurrency wallet that has been created in a way that supports both Android and iOS devices. Its features apparently include the ability to create wallets, scan codes for payment purposes, offers message notifications, Near Field Communication (NFC) protocols, and much more.
The launched NewExplorer can only support block browsing, transaction and account searches for the time being.
After its testing phases, the team has revealed that three products are compatible with business needs, whether it entails “transparency, transaction speed, scalability and node management.” Moving forward, the goal is to further build upon the four facets in a way that increases efficiency and usability.
To learn more about the Newton Project, go to: newtonproject.org