Weekly Fone Update

Hello Everyone,

Welcome to our weekly update!

Besides the most important aspect of any blockchain being its security, we want to make speed the second most important feature of the Fone Network.

This week, we continued to work on pending transactions. We want these transactions to be processed within a few seconds. In order to do this, we need lightning-fast validation and fast block update.

This is why pending transactions are so important. Once a user submits a request, it is added to that pending queue, and we are testing the speed with different amounts of transactions being grouped in a single block. From one transaction per block. to even 50 per block. We are going to continue to fine-tune these numbers as we go on and for now, we will move forward to the most important functionality — Validation!

We will share more details about this next week.

Stay tuned for more exciting news and weekly updates!

The Fone Team