Streakk works on a proprietary consensus algorithm which uses Proof of Stake (POS) and Simple Time Protocol (STP). POS requires validators to stake tokens which gives them the right to validate the transactions and in return gets rewarded for doing so.
STP works on a verifiable clock. It incorporates a clock into the blockchain which verifies time taken between two events. It reduces the load on the validators connected to the network. As a result validators in the network know the timestamp of the events and they need not check with all available validators back and forth to record a transaction. It enables fast sequencing of blocks
Data exists at a particular time
Stable coins to deploy on Streakk and make it more usable for small transactions
With predictable fees and time, Streakk is the perfect choice for Central Bank Digital currency
Streakk Maximises the potential of other cryptocurrencies by making them usable in day to day life
Building bridge within the ecosystem and making users earn without giving up custody
*Average fees of network May 2021
STREAKK’S 3RD GENERATION BLOCKCHAIN IS THE GAME CHANGER IN THE FINANCIAL ECOSYSTEM. IT IS NOT JUST FAST IT’S SUPER SECURE*Average fees of network May 2021 |
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1ST GENERATION 
BITCOINBTC |
2ND GENERATION 
ETHEREUMETH |
3RD GENERATION 
STREAKKSTKK |
|
| TRANSACTIONS PER SECOND | 3+ TPS | 12+ TPS | 100,000+ TPS |
| AVERAGE FEE | $19.26 USD* | $14.71 USD* | $0.0001 USD* |
| TRANSACTION CONFIRMATION | 10-60 MINUTES | 10-20 SECONDS | 2-4 SECONDS |
| ENERGY USE PER TRANSACTION | 885+ KWH | 102+ KWH | 0.00012 KWH |
| SCALABILITY | LOW | MEDIUM | VERY HIGH |