Tuesday, May 21, 2019

FLETA - A Mainnet Project With Original Blockchain Technology




REVIEW

FLETA is more than just building a new platform. It focuses on broad technology innovation and diverse application fields. The FLETA blockchain network has been designed to actualize 'decentralization' that is real and contribute to the progress of the blockchain ecosystem, by increasing DApps's independence and scalability. As never before type of blockchain, FLETA allows more freedom and efficiency in developing and providing services. In order for blockchain technology to contribute to real 'decentralization', progress the blockchain ecosystem must be preceded. FLETA believes that such an environment begins from DApps it can function independently without being centralized mining group and become a decision maker. Based on this belief, FLETA has begun its journey to realize true decentralization by establishing a complete and independent DApp ecosystem.

FLETA is a blockchain service platform that aims to provide technology and business support services for DApp developers who build their projects in FLETA ecosystem The blockchain ecosystem consists of users, DApp developers, and miners (blockchain node operator). FLETA designs mining nodes to operate on cloud networks and charge monthly mining node maintenance costs for miners. This is FLETA income. Simply put, the FLETA business model is providing mining nodes such as IaaS or SaaS and receiving maintenance fees. FLETA also plans to collaborate with certain DApp partners who use FLETA platform, so FLETA tokens can be used. Mining nodes can accept DApp tokens the FLETA is strategically partnered as airdrop. However, all this cooperation and this collaboration is carried out subject to FLETA compliance with all laws and Singapore regulations.

The FLETA project aims to provide service platforms such as Google Android or Apple iOS blockchain, supports the efficient development and operation of DApps for manufacturing blockchain based application ecosystem, along with sustainable technological innovation. In the end, the goal is to build a sustainable ecosystem with users reach, combine and expand the objectives of all projects. FLETA comes with a new consensus model, by developing new ones consensus model to prevent unnecessary branching. This new model is called PoF (Proof-of-Formulation) in which consensus is made on the mining procedures of blocks and blocks produced in the specified order. When new tokens are generated in FLETA, their own transaction chain is created, and blocks are processed through the PoF consensus model and token economy. So, mainchain and each DApps subchain is not mutually affected, operates independently on parallel structure. FLETA, as a blockchain platform, provides a service model for DApp developers like chains technology, making tokens, and the environment for developing smart contracts developer portal. Updates to the reward system are made through updates in Smart Contract using DApp governance, which simultaneously means that updates can be made without forks, swaps, wallets update or pause anything. FLETA consists of mainchains and many subchains that operate above, making multichain platform at all. Mainchain notary for header subchains for interchain with subchain. The subchain headers are notarized including the interchain command, which allows others subchains to process interchain commands issued by other chains, only after synchronization main chain.

FLETA opened the first alpha testnet in October 2018 and beta testnet in March 2019. The official mainnet opening is scheduled to take place in Q2 2019. Currently, the Team is discussing technology collaboration with several companies related to blockchain including ENTERSOFT, Caledo and Buddy and also a network with major global crypto funds and IT companies. Already, various DApps utilizing the FLETA platform are in the process of being developed. FLETA will strive to overcome all setbacks and shortcomings of existing platforms, continue to improve protocols and improve long-term growth by fulfilling the vision various business models. It's difficult to predict how blockchain technology will be revealed, but without doubt the wave of innovation, which can bring a better life if we go up. FLETA hopes to play an important role in that wave. Please support FLETA blockchain innovation.

CONCLUSION

From the explanation above it can be concluded that, FLETA is a blockchain that builds projects in the ecosystem FLETA The Blockchain ecosystem consists of users, DApp developers, and miners (blockchain node operators). The FLETA project aims to provide a service platform such as Google Android or Apple iOS blockchain, supporting the development and operation of efficient DApps for blockchain-based application ecosystems, along with sustainable technological innovations. . FLETA comes with a new consensus model, by developing a new consensus model to prevent unnecessary branching. This new model is called the Evidence Formulation where consensus is made on mining procedures in blocks and produced in the specified order. This can be interpreted as a new breakthrough in the world of blockchain, where all services can be achieved easily and more efficiently.

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1 comment:

  1. I am very happy when read this blog post because blog post written in good manner and write on good topic. Thanks for sharing valuable information.

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