Calyx Ventures Inc (fka CYX)

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Mr. Forde continued, “although blockchain is very likely the most secure and best technology to utilize to eliminate potential discrepancies amongst disparate systems, problems arise when it becomes necessary to make critical updates, bug fixes, and upgrades. When a change must be made to the way a crypto currency works, the changes must be made very carefully to keep the new version of coins compatible with older coins. This can present a big problem to many when discrepancies leave two ledgers operating instead of one. This precise problem is referred to as a 'fork', and the panic that ensues when a crypto currency finds itself in such a situation is a big problem we now see emerging.”

“As such, we have taken careful measures to assess the latest in blockchain development as we grow and evolve our product offerings. We have identified a third generation blockchain technology that is being proven out by a specific group who we see as world leaders in the sector. This technology allows for complete technological evolution that can be implemented into the core ecosystem of the blockchain backbone without compromising the security, compatibility and historical accuracy of the blocks and ledgers.”

Calyx believes this latest blockchain evolution is so powerful, it opens the possibility of an 'open source' like development approach, where developers can submit code to a functioning blockchain ecosystem, and administrators or a governing community can decide whether or not to implement the new logic and remove the old logic, while not compromising the integrity of the ledgers and blocks. This eliminates the need for both planned and accidental forks.


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