[ANN][SEM] Semux - Official Thread

[semux]

Can someone explain this to me. How can the blockchain be ' high-performance' when it's written in Java ? Isn't that a contradiction ?
If someone told me it's written in C, i might believe them when they claim high performance. Or what is high-performance when not the code?
Someone care to elaborate ?

Blockchain measures performance by how many transactions can it process per block and less on how fast the language used to create it. Currently Semux can handle up to 5000tx per block every 30 seconds. Which is faster than most blockchain project that I know of. That's high performance.

So about 167 tx/s?  

Is there any project with a traditional blockchain that handles more transactions per second?

Ethereum was lower than 167. There is a number left in my mind which is 70 but not sure it is true or not. I tried to find the current number but couldn't find it.

Anyway it is great to handle 5000tx per block and will rise in time too.

Last I was aware devs were saying 10,000 txs/sec will be possible.  Can any devs confirm or deny?

We can definitely handle 10,000 txs per block, based on our internal test.

However, we will sacrifice performance a little bit initially, by limiting the block size, to increase stability.

As the network gets more stable, we will propose to increase the limit.

[Smutsen]

Done

[eth9888]

Hi all, just joined the airdrop...
A very stupid question.... i closed the wallet but not able to open it again using the password I have set when i first opened it?

[muratsink]

I have difficulty to get a Semux wallet, if my PC is not qualified for it. I have followed the instructions but I am failing. this project looks interesting to me, how is the solution, if anyone experienced the same thing 

[mdodong]

I have difficulty to get a Semux wallet, if my PC is not qualified for it. I have followed the instructions but I am failing. this project looks interesting to me, how is the solution, if anyone experienced the same thing 

What OS are you using. Make sure yo install Java. Also (Windows user) You may also need to install Microsoft Visual C++ 2010 Redistributable Package.

[lucky626]

Has joined the signature!!!!!!

[hashcoinusa]

I joined two weeks back. My name is in Signature Campaign; but still no coins in wallet.

[xx63245613]

So exciting to wait for my first airdrop SEM!

[mdodong]

I joined two weeks back. My name is in Signature Campaign; but still no coins in wallet.

Block Explorer shows you got the coins for the Week 2 signature campaign.

http://semuxchain.info/account/0xbdeccdc689cfaeffdb0c65203975e2d667f44e93

Make sure you download and sync the latest wallet.

[durrrr]

Can someone explain this to me. How can the blockchain be ' high-performance' when it's written in Java ? Isn't that a contradiction ?
If someone told me it's written in C, i might believe them when they claim high performance. Or what is high-performance when not the code?
Someone care to elaborate ?

Blockchain measures performance by how many transactions can it process per block and less on how fast the language used to create it. Currently Semux can handle up to 5000tx per block every 30 seconds. Which is faster than most blockchain project that I know of. That's high performance.

So about 167 tx/s? 

Is there any project with a traditional blockchain that handles more transactions per second?

Ethereum was lower than 167. There is a number left in my mind which is 70 but not sure it is true or not. I tried to find the current number but couldn't find it.

Anyway it is great to handle 5000tx per block and will rise in time too.

Yeah, ~167 tps is the most per second I know of. As I recall Eth does about 15 and BTC about 7. I guess this is dependent on block size limits. Would be interesting to know how big dBFT blocks can get.

167 tx/s is very fast for the current blockchain confirmation speed, and if it is based on decentraland, I think SEM will be a great change.

[akamy789]

Hi all, just joined the airdrop...
A very stupid question.... i closed the wallet but not able to open it again using the password I have set when i first opened it?

You can enter your private key to open your wallet, and then reset your password, as long as you have a backup of your private key can be opened

[xibeijan]

167 tx/s is very fast for the current blockchain confirmation speed, and if it is based on decentraland, I think SEM will be a great change.

That's a great achievement, but just the tip of the iceberg for Semux.

Just above (in this thread) the semux dev confirmed Semux can handle 10,000 txs/block, but they have just limited it to 5,000 for now.

https://bitcointalk.org/index.php?topic=2159012.msg26798734#msg26798734

Semux == game changer

[OceanBlue1989]

Do I have to be member to register signature?

[ealarry]

If I had an old wallet before, do I currently have to update it? If not, can I open my wallet?

[premium_domainer]

Can someone explain this to me. How can the blockchain be ' high-performance' when it's written in Java ? Isn't that a contradiction ?
If someone told me it's written in C, i might believe them when they claim high performance. Or what is high-performance when not the code?
Someone care to elaborate ?

Blockchain measures performance by how many transactions can it process per block and less on how fast the language used to create it. Currently Semux can handle up to 5000tx per block every 30 seconds. Which is faster than most blockchain project that I know of. That's high performance.

So about 167 tx/s? 

Is there any project with a traditional blockchain that handles more transactions per second?

Ethereum was lower than 167. There is a number left in my mind which is 70 but not sure it is true or not. I tried to find the current number but couldn't find it.

Anyway it is great to handle 5000tx per block and will rise in time too.

Yeah, ~167 tps is the most per second I know of. As I recall Eth does about 15 and BTC about 7. I guess this is dependent on block size limits. Would be interesting to know how big dBFT blocks can get.

167 tx/s is very fast for the current blockchain confirmation speed, and if it is based on decentraland, I think SEM will be a great change.

I really wonder the exact numbers of other blockchains.

When i check any thread everyone says something and always it is looking like a guess than exact.

[OceanBlue1989]

Do I have to be member to register signature?

On the front page of the thread there is a Google application form link, submitting your information first, then putting on a signature, checking the list on the last Sunday, confirming that you are on the form, and getting rewards if you reach 10 posts per week

When I fill in the application form it says ‘you must be a member ’ and not recognising my ID of bitcoin talk, that’s why I thought I have to upgrade status from newbie to a ‘member’.

[wiredideas]

How to join the Semux signature campaign and how long will it last? Thanks.

It's in the first page. You need to wear our signature that correspond to your membership level then make 10 posts or more per week.

[wiredideas]

If I had an old wallet before, do I currently have to update it? If not, can I open my wallet?

You can download the latest RC4 wallet then copy your old wallet.data into it then your ready to go.

[xibeijan]

Can someone explain this to me. How can the blockchain be ' high-performance' when it's written in Java ? Isn't that a contradiction ?
If someone told me it's written in C, i might believe them when they claim high performance. Or what is high-performance when not the code?
Someone care to elaborate ?

Blockchain measures performance by how many transactions can it process per block and less on how fast the language used to create it. Currently Semux can handle up to 5000tx per block every 30 seconds. Which is faster than most blockchain project that I know of. That's high performance.

So about 167 tx/s? 

Is there any project with a traditional blockchain that handles more transactions per second?

Ethereum was lower than 167. There is a number left in my mind which is 70 but not sure it is true or not. I tried to find the current number but couldn't find it.

Anyway it is great to handle 5000tx per block and will rise in time too.

Yeah, ~167 tps is the most per second I know of. As I recall Eth does about 15 and BTC about 7. I guess this is dependent on block size limits. Would be interesting to know how big dBFT blocks can get.

167 tx/s is very fast for the current blockchain confirmation speed, and if it is based on decentraland, I think SEM will be a great change.

I really wonder the exact numbers of other blockchains.

When i check any thread everyone says something and always it is looking like a guess than exact.

You go to blockchain.com and etherscan.io and grab the number of txs per day and divide by the average block time.  Let me know what you get!

[lda1000]

How big are the blocks with 5000 and 10000 transactions?