Tachyon Network Releases Whitepaper For Its Blockchain-Based Protocol

Tachyon Network Releases Whitepaper For Its Blockchain-Based Protocol

Blockchain News
September 28, 2019 Editor's Desk
279
A decentralized internet protocol, Tachyon Network, has officially released its white paper, disclosing the details on the Tachyon ecosystem and the project’s background.  Reconstruct the TCP/IP model According to a press release published on September 27th, the Tachyon network had revealed the launch of its white paper which will contain details on how the protocol
Tachyon Network

A decentralized internet protocol, Tachyon Network, has officially released its white paper, disclosing the details on the Tachyon ecosystem and the project’s background. 

Reconstruct the TCP/IP model

According to a press release published on September 27th, the Tachyon network had revealed the launch of its white paper which will contain details on how the protocol is primarily set to rebuild its IP/TCP model. 

After 36 years of use since the foundation of internet, the IP/TCP model is gradually failing to catch up to the rising demand for security, stability, and trust, according to the white paper. It read:

“Built upon the technology of X-VPN, a renowned VPN provider already serving over 50 million people worldwide, Tachyon Protocol is set to combine all the proven, tested and accepted P2P technologies in the niche — DHT, blockchain, UDP and encryption — to ensure high security, intractability, availability, and maximum network speed by utilizing the optimal data throughput.”

The Tachyon Protocol was launched as an open-source library. It is designed specifically for integrating with any cross chain, main chain, side chain, or DApp. IPX, its native cryptocurrency token, is envisioned for listing on exchanges by the end of this year. 

Building the next-generation internet

As reported yesterday by Blockchain Magazine, Neo, a decentralized open source blockchain application platform, revealed that it has become the first blockchain member of the .NET Foundation by Microsoft. Neo announced that it was looking to collaborate with other firms to develop the next generation of internet, and also to build solutions for combatting the existing potholes for blockchain’s mass adoption. 

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