Our code is forked from the Waves platform, which itself is based on NXT, Scorex and Bitcoin-NG, so we are quite literally “standing on the shoulders of giants”. The development of the codebase started in 2013 and has received inputs from some of the brightest minds in the entire blockchain R&D space. And we’re adding meaningful improvements. True decentralization and fairness, speed, security and ease of use, along with sustainability in terms of resource utilization are our top priorities. We will follow that with an ambitious roadmap of  new user-facing features and technical improvements in the coming months and years.

These are some of the main features of the current production-ready implementation of the 0bsnetwork:

• Truly Decentralized: no node will have more than 10% of the voting or transaction processing power soon after launch and once the network grows, no node will have more than 5%.
• NG-DPoS stands for Next Generation Decentralized Proof of Stake. Very low resource utilization due to the PoS part, truly decentralized thanks to our custom code and supremely fast due to the implementation of the Bicoin-NG protocol developed by Emin Gün Sirer and his team at Cornell University – globally leading blockchain R&D lab.

• Powerful Client/Wallet: desktop, web and mobile apps with wallet, token creation, exchange and more built-in.

• Cheap Transactions: 0.05 EUR/tx.
• Transaction Speed: several hundred tx/s (Bitcoin: 3-7 tx/s, Ethereum: 18-22 tx/s).
• Data Transactions: store, share and process business data on the blockchain without developing smart contracts.
• Mass Transactions: cheap and convenient one-to-many transactions, for token distribution, airdrops, ICOs, etc.
• Easy Token Creation: the token is created in 1 minute and immediately tradeable on the built-in exchange; no smart contract development necessary. It costs 500 EUR to create a token: low cost for those whose business case calls for a token, yet not ridiculously cheap to discourage the creation of spam tokens.
• Powered by  ZBS Coin: fixed total supply, released over a period of several years.

• Decentralized Exchange: built in for convenience, speed and security (impossible to steal funds).

• Powerful API: Develop your own blockchain-enabled apps using web, mobile or desktop app development languages and tools you’re already familiar with.
• Smart Accounts: multi-signature for security or shared accounts, time-delayed funds release, escrow, trust funds, etc.
• Smart Assets: non-fungible tokens, security tokens (can only be sent to whitelisted investors), etc.
• Smart Contracts: if you need custom code executed on the blockchain, or if you want to develop DAPPs (decentralized applications) the functionality is there.