Blink is a company developing novel Distributed Ledger Technologies (DLT). Our consensus protocol is the most scalable alternative to blockchain. In blockchain, each block depends on the previous one and it cannot be created until the previous block is finalised. In the Blink protocol, the timeline is split into rounds. Each round can be interpreted as being the equivalent of a block. However, the transactions from the previous round(s) are still gossipped through the network during the current round. So at any given moment, there are several “Blink blocks” being built.
Node: Mihai Ciucu, Andrei Grigorean