Bitcoin VS Ultiledger
Bitcoin is the first cryptocurrency that was created by Satoshi Nakamoto in 2009 in response to the financial crisis of 2008. It quickly became popular because of the idea which vehicle but also the growing enthusiasm of the community for trading or crypto project. Its success has inspired many other projects such as Ethereum or Ripple. Bitcoin is now considered the mother currency of the entire crypto ecosystem and its price has a huge impact on the entire market.
Shardus is a sharded blockchain network that can be used for developing decentralized applications. Shardus provides the sharding solution to scalability problem which has been haunting crypto world since its inception. Shardus does not use Proof of Work (PoW) or Proof of Stake (PoS) consensus mechanism, but rather it uses Byzantine Fault Tolerance (BFT) algorithm for achieving consensus on shard chains and cross-shard transactions.
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