Keeta ($KTA) about to make history today with a 10m TPs audited stress test

Cryptocurrency News and Public Mining Pools

Keeta ($KTA) about to make history today with a 10m TPs audited stress test

Keeta ($KTA) is a new L1 that is backed by ex-Google CEO Eric Schmidt who was an early investor in the company, putting $17m towards it.

The CTO is one of the greatest minds in the crypto space, Roy Keene, who was a lead developer for NANO when it was first released.

Today at 12pm EST, Keeta is performing a 10 million TPS audited stress test, with the assistance the Google Spanner engineering team. This will be a world record and will completely dwarf anything that has come before it.

Keeta is designed to be a high performance chain for cross chain transactions and asset tokenisation. Adoption of cryptocurrency by the global financial system has been difficult due to the regulatory requirements on banks and large institutions. To ensure compliance is met, Keeta will have built in KYC which will allow adoption to happen at a global level.

Testnet has been up and running for over a month now, and Mainnet is coming within the next month or so. Market cap is only $500m right now, and if things play out the way they are planned, it has the potential to be a top 10 coin within the next year.

There are a lot of doubters out there at the moment, but today’s stress test will put those doubts to bed when we will all be able to see that the technology is real.

Edit: YouTube link for the live-streamed stress test today: https://www.youtube.com/live/6FLmSgWewyk?feature=shared

submitted by /u/PatMu5tard
[link] [comments]