(via NewsDirect)
With blockchain consisting of chains of blocks validating transactions, this advancement would enable the pre-computation of valuable data prior to the miners' race to close the block every 10 minutes. Gardin explained that this development could remove logical gates in a chip devoted to computation, potentially saving up to 8% of the circuits on the ASIC chip and reducing energy consumption.
He suggests that the company is continuing to leverage its accumulated knowledge to develop products and are in talks with North American partners. He also emphasises the expertise of their research team, particularly in the Sha 256 algorithm, putting them ahead in the field.
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