INTRODUCTION
Blockchain technology has gotten to the level in which the whole world cannot do without it. We have discovered that this technology is making the news headline everyday which this symbolizes global and rapid adoption of this technology. But despite the greatness and potential of this technology, there are still some things that needed to be improved upon its use. We have several and different blockchain network such as bitcoin blockchain, ethereum blockchain, eos blockchain, tron blockchain and some other more. The level of difficulties associated with each of this blockchain network varies based on the type of blockchain.
We have some blockchain that are more cumbersome and difficult to use than some others, we also have some that easy to use but they are lacking some other qualities. Let’s take for example the speed of transaction which is solely dependent on the nature of blockchain transaction. Some transactions do take several hours before it could be confirmed on the blockchain network, some blockchain also charges high transaction and minning fees. This is the reason why a new team has gathered around to rectify this problem by launching a new blockchain project known as “FLETA”.
FLETA is known to be a platform for sustainable Dapp ecosystem which is designed to help the developers to develop Dapps without any difficulties and likewise the one in which the users will be able to use it without and stress and difficulties. FLETA blockchain project has been tipped to be the next king of all blockchain networks and because it is designed to rectify all problems facing the existing and current blockchain platform.
As we have observed in some years past the issue of double spending hit the bitcoin blockchain network in which users of this blockchain network were double faces lots of issues and difficulties trying to rectify this issue of double spending. This issue of double spending on bitcoin network has given birth to new blockchain network but at the end none of these blockchain could really solve the problems rocking the blockchain industries.
FLETA blockchain will be the best among all its kind because of the new added features which will help rectifying all the current issues in blockchain industries.
Benefits of FLETA platform includes: Independent Multi-Chain Structure; FLETA is designed to reduce the burden of both the developers and the users of blockchain network. It is also designed in which limitless number of Dapps will be allowed on its platform.
Another newly added feature by FLETA is the Proof-of-formulation which entails the fast dissemination and creations of blocks, there will also be quick and real time confirmation of transactions. Other features includes: REDESIGNING OF BLOCKS, PARRALEL SHARDING & LEVEL TREE.
The block’s which is mainly the backbone of every blockchain network has been redesigned in such a way that it goes directly to the speed of transaction and also to the storage capacity. It is designed in such a way that there is reduction in block size and also reducing the index size. This has makes the processing speed increased by almost 1.8x faster than the previous ones
The quality of every project depends on the team behind the project and FLETA is no doubt one of the best projects because it’s under the leadership of “PAUL PARK” & “HENRY HONG” as the CEO & COO respectively.
To know more about FLETA project check the links below
Website = http://www.fleta.io/
Github = https://github.com/fletaio
Medium = https://medium.com/fleta-first-chain
Telegram = https://t.me/FLETAofficialGroup
Twitter = https://twitter.com/@fletachain
Author : Cing ciripit
BitcoinTalk Profil Link : https://bitcointalk.org/index.php?action=profile;u=2420095
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