China’s tech giant Baidu, which operates one of the largest search engines in the world, announced that it had launched its first “Baidu Blockchain White Paper V1.0,” which touches upon the creation of its “Xuper Chain” network. The independent development of the new network system has gathered over 50 patents, with the intellectual property rights fully belonging to the company. The “Super Chain,” as the self-developed system is also called, will help Baidu address the challenge of computing and data storage by applying the distributed ledger technology (DLT), an umbrella term that also includes blockchain.
The rate of transactions per second of single Xuper...
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