Hi all,
While we wait for more information, or even the next quarterly, just thought I'd start a thread for the more technically minded/interested. I do have a belief that transactions per second are a problem for Yoj. Etherium - who Yojee were last reported to be working with re. financial contracts - can't scale up beyond 15 transactions per second. I think Bitcoin is even less. Visa can handle 45,000.
https://www.coindesk.com/information/will-ethereum-scale
I have a feeling that not only Yojee will benefit from a solution to the scale problem - so will all companies who use blockchain technology. This could be the problem that really is holding Yojee, and all companies using blockchain, back.
Smart contracts
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Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $13.55M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.2¢ | $13.26K | 245.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 171094 | 3 |
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| Last trade - 13.25pm 07/06/2024 (20 minute delay) ? |
| YOJ (ASX) Chart |