Stock Groups

Alephium Mainnet Brings Sharding, Smart Contracts, and Energy Efficiency to Bitcoin Tech Stack -Breaking

[ad_1]

Alephium Mainnet Adds Sharding, Smart Contracts and Energy Efficiency to Bitcoin Tech Stack

Alephium, the first operational sharded blockchain bringing scalability, ETH-inspired smart contracts, and improved energy efficiency to Bitcoin’s proven core technologies, has launched its mainnet just two months after announcing the closing of $3.6M pre-sale.

Cheng Wang is the Core Developer of Alephium.

“After over 3 years of development under the radar, we are proud to announce the launch of the Alephium Mainnet. It’s made to support powerful, scalable yet user-friendly decentralized applications and protocols. We welcome the community of developers and miners to join us in improving the ecosystem one project at a time.”
The number of blockchain innovations on Alephium’s mainnet is impressive. BlockFlow sharding technology powers Alephium’s blockchain. It is based upon stateful UTXO transaction. Alephium can be used in single-step, cross-shard transactions to make it as simple and user-friendly as any single-chain Blockchain while also spreading transaction loads.

The platform’s consensus algorithm is a clever combination of physical work and token economics, coined “Proof of Less Work”, which ensures a reduced energy footprint when compared to standard PoW protocols.

Its stateful UTXO (stateful UTXO) model combines both the benefits of the account and UTXO models. This allows for multiple participants to be included in a smart contract transaction and permits trustless P2P smart transactions. With enhanced performance and security protection, the new virtual machine solves many of today’s critical issues with dApps platforms.

M. Wang also added to the mainnet.

“Alephium offers a whole new programming paradigm for decentralized applications, ideally suited for performance-oriented and secure DeFI. Leveraging Alephium’s custom virtual machine, DApps can now benefit from the security offered by the stateful UTXO model without sacrificing the power and expressiveness of smart contracts”.
Please contact press@alephium.org if you require further information.

Continue reading on DailyCoin

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from relying on data including charts, buy/sell signals, and quotes. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]