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    Alt coins,  Cryptocurrencies,  Innovators

    Ahead of ICO, Ternio defends company’s technology

    Company claiming first blockchain with a million transactions per second has a million questions to answer

    If there were a Rotten Tomatoes-like aggregator for top ICOs, Ternio would probably get a “91%.” They have a top team, third party verification of technology, and the impressive first-ever milestone of 1 million transactions per second. They also have a serious problem convincing us that any of that is true. When Ternio co-founder Daniel Gouldman hired security firm Null Bash to conducted a full audit of Ternio’s team, infrastructure, and code base, it was more than a party trick. Gouldman wanted the toughest outsiders possible to verify that Ternio’s Lexicon architecture could handle one million transactions per second (txns). Ternio is in the pre-sale stages of its ICO, so…