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Internet Giant Baidu Has Released Its Own Blockchain

Janelle Fox

Summary: Chinese internet giant Baidu has now released their own blockchain, dubbed Xuperchain, according to local reports. The network utilizes a series of masternodes to run the network, which would imply that it isn’t decentralized. According to the whitepaper, the blockchain-based network can support over 10,000 transaction persecond. The whitepaper also shows that Baidu has more ...

Chinese internet giant Baidu has now released their own blockchain, dubbed Xuperchain, according to local reports.

The network utilizes a series of masternodes to run the network, which would imply that it isn’t decentralized. According to the whitepaper, the blockchain-based network can support over 10,000 transaction persecond.

The whitepaper also shows that Baidu has more than 50 patents for the blockchain platform.

By Janelle Fox

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