The community-driven Ethereum Express network has announced the launch of two pilot projects with an audience of over 48,000 users. The Proof-of-Authority algorithm based blockchain will be applied in both projects to ensure higher efficiency and transparency of operations. The Ethereum Express blockchain has recently undergone successful testing and shown outstanding values exceeding 1,000 transactions per block with network capacity reaching over 200 transactions per second that beat the Ethereum network’s 15 TPS hands down. Over 48,000 users from the US, Japan, Brazil and Ukraine are encompassed by the pilot projects with a total net value of around $500 million.
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