DataGrid Blockchain Turns Hyperscaling From Fiction Into a Reality – Token Sale Now On

Casper Brown
February 8, 2021 Updated July 25, 2022
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In an increasingly complex world, we often find ourselves hampered by technological constraints. The widely touted blockchain technology industry faces similar issues, yet one particular initiative claims it can scale its technology to make full use of internet speeds worldwide. 

Pushing The Internet Limits

When the topic of blockchain technology comes around, it usually doesn’t take long until people start pointing out apparent shortcomings such as lack of scalability and lack of real-world use cases, especially where cryptocurrencies are concerned. Taking Bitcoin or Ethereum as an example, neither blockchain is known for providing “speedy” solutions or scaling beyond its current capabilities to address any of these significant flaws affecting either ecosystem. 

Granted, both Bitcoin and Ethereum are home to so-called “layer-two” solutions, concepts that allow the network to reach a much higher throughput the original developers couldn’t or wouldn’t explore for reasons unknown. Bitcoin has the Lightning Network, designed primarily to facilitate micropayments, whereas Ethereum has Loopring and other solutions, which not only reduce overall network fees but also put a big dent in the time required to complete transactions or data transfers over the network. 

All of these ideas are fine and dandy, yet they may take years to implement at the core level and make a real impact on the way people transact with either of these blockchains, yet most people will not wait around for these upgrades to arrive. For this reason, DataGrid Blockchain takes a different approach, as it integrates “sharding” technology into its core protocol to process vast amounts of information in parallel and utilizing the global internet’s speeds and bandwidth to its full potential. 

Making Infinite Scaling Possible

Due to DataGrid Blockchain’s technology’s inherent nature, it has tremendous potential in the scaling department, unlike any other blockchain ecosystem available on the market today. Instead of introducing sharding as a weakened version of what this technology is capable of, the team behind this project is confident they can achieve “hyperscaling” by letting its network grow as global internet speeds increase across all devices.

Currently, there is still a huge gap between broadband internet speeds and what mobile devices, such as tablets and smartphones, can achieve, albeit that situation will change once the 5G rollout gains a bit more traction. As these average internet speeds keep rising, the DataGrid Blockchain will continue to grow and evolve as a viable and mainstream solution to process data on a global level without facing any significant hurdles. 

Keeping in mind how quickly internet speeds are accelerating thanks to fiber connectivity for at-home internet access and 4G and 5G becoming the norm for mobile devices, the future growth potential for DataGrid Blockchain is tremendous. 

Buy DGT Tokens Early

With the launch of DataGrid Blockchain, the team is organizing a token sale for DGT, the native asset of this ecosystem that will serve different purposes as the network grows and evolves. Interested parties can obtain this token at the lucrative price of $0.005 by getting whitelisted on the BlockPass platform and contributing Ethereum to the ongoing token sale, which runs until February 13, 2021. 

Following this token sale, DataGrid Blockchain will launch DGT on Balancer to leverage its Liquidity Bootstrap Pool and keep out any bots or whales looking to create price pressure or accumulate significant amounts of the token. This method is not too different from a more traditional Dutch auction, in which onlookers can place bids on the token, after which the community reviews all bids to determine a fair price for the available quantity of DGT tokens. 

Facilitating a price discovery period will help ensure the DGT token distribution is fair and transparent, without having to worry about others trying to snipe transactions or obtain 10% of the entire supply by flashing their virtual wealth!

So what are you waiting for? Join the DGT presale today at http://dgblabs.io/

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
I am an associate content producer for the news section of Coingape. I have previously worked as a freelancer for numerous sites and have covered a dynamic range of topics from sports, finance to economics and politics.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.