The mission of the project is to create a blockchain capable of introducing technology into people's daily lives, as well as expanding the possibilities of DApps. Blockchain includes new solutions that provide greater scalability, security, and performance. Blockchain-based projects are easy to use. They can be updated without interrupting network activity. The combination of various technologies forms a solid foundation for future projects and the entire third generation Internet.
The innovative Move programming language, designed for the development of smart contracts, allows you to carry out fast and secure transactions on the network.
The advantages of the language are ease of use and security. It allows you to execute transactions in parallel, which makes it possible to carry out up to 130 thousand operations per second. Transactions are validated after execution. Failed transactions are retried.
With a unique data model, key management, replay protection, and a simple user interface, the network ensures a secure and reliable experience. Even before the transaction is confirmed, the system shows the future result, which makes transactions as transparent as possible.
Parallel processing of transactions increases the efficiency of validators, allowing them to use all available hardware resources. Unlike other parallel execution mechanisms that break the integrity of transactions by breaking them into separate parts, the blockchain processes transactions, including complex ones, as a whole.The blockchain consists of a set of validators that collectively process transactions submitted by users, using the Byzantine Fault Tolerant Mechanism (BFT) for processing.
Each validator has its own weight in the network, it is proportional to the amount invested in it by the delegators (users who have blocked tokens in the validator to receive passive income). Only active validators can participate in reaching the consensus that is required to validate transactions. To get into the number of active validators, you need to have a sufficient number of staked tokens from users, since their number is limited. Inactive validators are those that do not have sufficient funds or are recognized as such by the protocol due to poor performance.
Due to its unique architecture and optimization, the blockchain is updated frequently without interfering with users' transactions on the network. In addition, it supports the rapid adoption of new developments and is able to scale without adding complexity to the validators, making it flexible.
All important decisions in the network depend on the community. Each significant change and improvement in the blockchain goes through several stages, including the proposal of changes, the implementation of a turnkey solution, testing and deployment. This model provides feedback and allows all interested parties to offer their options.Online voting protocols are public and verifiable.
The native blockchain token is used in the main operations on the network: to pay for transactions and reward validators and delegators, to vote on protocol management, update it, and make important decisions on the network.
More and more projects appear in the blockchain ecosystem every day. Each of them is applying for a grant from the team or has already received it. Part of the grant may go to reward early adopters who support the project.
Even though the blockchain is in its testing phase, it has already received impressive support from the largest crypto funds. In addition, the project maintains an active community, from developers to ordinary users. The grant program launched by the team fuels this interest and shows the desire of creators to develop the ecosystem. The project plans are ambitious. Their achievement can contribute to the mass adoption of the blockchain.
