Phaeton Blockchain has a decentralised ledger system with a 250kb block
size (potential of one million transactions) and five-second creation
time. Phaeton Blockchain is based upon the Delegated Proof of Stake plus
Delegated Byzantine Fault Tolerance (DPoS+dBFT) consensus algorithm,
therefore improving energy efficiency. Phaeton remains an independent
blockchain focusing on providing a platform for enterprises to use,
whether it be for monetary, transaction, data or smart contracts. The
ability for individuals to host a node is critical for speed,
scalability and security of the Blockchain.
