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This content is a press release from our partner ACCESSWIRE. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: ACCESSWIRE
This content is a press release from our partner ACCESSWIRE. The AP newsroom and editorial departments were not involved in its creation.

Ultrain’s Next-gen Permitted Mainnet Available Online

February 19, 2019
NEW YORK, NY / ACCESSWIRE / February 19, 2019 / Ultrain recently announced its permitted mainnet is fully operational and able to provide service to external enterprises.Ultrain's permitted mainnet entered the beta stage on 1st of October

NEW YORK, NY / ACCESSWIRE / February 19, 2019 / Ultrain recently announced its permitted mainnet is fully operational and able to provide service to external enterprises.

Ultrain’s permitted mainnet entered the beta stage on 1st of October 2018. Within 86 days, they have completed 743,248 blocks on the chain and deployed five smart contracts for two separate DApps. Transactions peaked at 345 TPS during those days of operation, demonstrating the reliability, as well as performance of the network.

In addition, Ultrain made the following updates to its existing permitted mainnet:

https://medium.com/ultrain-chain/introduction-to-ultrains-economic-model-74920e1c687f

Ultrain has completed its network preparation and is able to provide external parties with commercial services. With their strategic cooperation agreements with Unitopia, Mixmarvel Technology, Real Event Limited, Jungo Network, Great Resource New Energy and other leaders in various industries. Ultrain believes there shall be numerous commercial DApps make use of Ultrain’s permitted mainnet in the next few months, providing services to end users while operating on Ultrain’s chain.

A total of 80 mining rigs are providing computing services in the existing permitted mainnet. These rigs are operated mainly by Ultrain, together with by their business partners. As more enterprise clients use and purchase the trust computing services of Ultrain, more mining rigs are expected to be joining the network to provide computing services. Currently, Ultrain’s mining rigs are open for sale, allowing more miners to joining Ultrain’s network to provide stable and efficient trust computing services.

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SOURCE: Ultrain