ⓘ Note: Do you have beta feedback to share with our team? Submit it here!

Community Q&A

As support for new and exciting blockchain technologies advance, we’ve seen an influx of questions about which network we ultimately plan to support.

We strongly believe in the Ethereum Foundation’s vision and they have recently made great progress towards scaling and improving the network.

Most notably with the release of Casper on the testnet, which begins Ethereum’s journey towards Proof of Stake.

We also have Sharding upcoming which will dramatically increase the throughput of the blockchain. In the far future, we also anticipate Plasma will scale transactions into the billions per second.

That being said, we’re always researching new technologies that will help us achieve our goal; making smart contracts accessible to everyone.

If Ethereum cannot keep up with newer blockchains and we calculate that a platform switch would be both economical and beneficial to both our users and the company, it’s something we’ll consider.

Right now though, a dramatic shift like this would delay our platform release substantially, as it would require rebuilding our entire backend from scratch.

Our outlook for 2018

There’s no doubt about it — 2017 was an incredible year for the crypto space.

Not only did we see huge leaps forward in the underlying blockchain technology, but cryptocurrency began going mainstream with an influx of individuals, corporations and publications jumping onboard.

2018 is going to be an incredible year for BlockCAT.

This year we encourage our community to make a collective resolution: to educate, increase awareness, and promote the adoption of #blockchain and #cryptocurrency technology.