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.
