Whiteblock Performance Testing Validates #Blockchain Scalability
Ubiq Technologies engages Whiteblock's blockchain testing team to benchmark performance against Ethereum
LOS ANGELES - July 12, 2018 (Investorideas.com Newswire) Whiteblock Inc., the world's first blockchain testing company, today announced completion of a performance analysis report conducted for their latest client, Ubiq Technologies. Ubiq collaborated with Whiteblock's Blockchain Testing as a Service (BTaaS) team to benchmark performance and identify the correlation between block gas limits and transactional throughput for the Ubiq blockchain platform.
Whiteblock's BTaaS conducted the same test cases on both Ubiq and Ethereum networks with an equal number of nodes, transactional activity, and network conditions. Test results indicated that Ubiq presents a higher degree of stability in comparison to Ethereum at higher gas limits. Specifically, the test report concluded, Ubiq's transactional throughput is more than twice as high as that of Ethereum's when gas limits are raised to levels up to 40 million and beyond.
"We're really happy with the test results. We now know our scalability changes will work in practice and not just in theory. These results are going to shape our future development efforts and make it easier to demonstrate these changes to the community," said Alex Sterk CEO of Ubiq Technologies.
Whiteblock announced its BTaaS at Toronto's Edcon in May of this year, and the company has a number of high-profile blockchain technology companies scheduled to evaluate system performance and security, validate transaction speeds, and accelerate their time to market.
Many blockchain companies make claims on scalability and transactions per second without independently verifying these metrics. In a world of whitepapers and marketing lingo, Whiteblock provides an independent, objective method of validating performance claims. Adequate pre-deployment testing helps development teams avoid network failures like those resulting from the CryptoKitties incident of 2017. It's critical that development teams have the ability to anticipate performance under suboptimal conditions when failure to deliver could significantly diminish credibility and investor confidence.
"Whiteblock test framework is blockchain agnostic," said Neal Roche, Whiteblock CEO. "We're running performance tests on other leading blockchains such as Ethereum, EOS and Hyperledger. Whiteblock's established testing methodology and tooling has been proven to accurately test complex networks at scale. Customers can easily validate performance, conduct due diligence, or run competitive benchmarks for a number of technologies and systems."
Read the full test report and learn more about blockchain performance testing by visiting the Whiteblock website at www.whiteblock.io.
Whiteblock Inc. provides the world's first scalable test system for blockchain and enterprise DLT developers. Whiteblock's Blockchain Testing as a Service (BTaaS) measures and validates key performance benchmarks, such as transactions per second and consensus over a variety of networks. Developers can automate transactions, test fault tolerance, dynamically add or remove nodes, and quickly provision a private testnet that simulates a live and dynamic global blockchain network. Whiteblock's blog can be found at https://medium.com/whiteblock.
Investorideas.com features content for Bitcoin, Blockchain and Digital Currency Stocks and ICO's at Cryptocurrencyinvestorideas.com, Blockchaininvestorideas.com and Investorideas.com
View our growing Bitcoin, Blockchain and Digital Currency Stocks Directory
Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's Latest News and Commentary https://www.linkedin.com/groups/13560073
Check out our crypto blog on blogger.com
Recently added Bitcoinandblockchainstocks.com at http://www.bitcoinandblockchainstocks.com/
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.