Open platform has just done it again. Wowwing the community with its announcement that it will be launching its Open Chain in early 2019. Open Platform was already believed to be one of the most revolutionizing projects of late; with this announcement Open Platform is posed to take over the cryptocurrency world. By this time, most are quite familiar with the dynamics of the Open Platform infrastructure; and how its Open State and Open Scaffold system with enable the connection of backend payment system without devs needing to learn new coding languages; as well as, recording the information to the respective blockchains; with the highest level of security, immutability, and speed ever achieved before. However, the Open Chain takes the whole project to another level. I think it is very wise of the Open team to develop their own blockchain and not depend on others. We have seen too many times, congestion which has halted blockchain that have not achieved proper scalability. So now let get into the details of the monster which will be known at the Open Chain!!
The Open Chain will work in conjunction with the Open Platform for a complete ecosystem which will meet the payment needs of both devs and consumers. The Open Chain’s high rate throughput will enhance the Open Scaffolding mechanism; creating one of the most interoperable blockchains ever designed. Kotlin coding was chosen over Java for the Open Chain, so that it will have better memory management, cross chain communication, and multi-threading support; as well as a vast libraries of code, from which devs can draw on. Open Chain will work with the Open State and Scaffold mechanism, but what is new is its “Open Clusters” mechanism.
The Open Cluster is a load balancing protocol that can group different nodes into one “cluster” that can communicate with various chains relieving the overall congestion of the network. Whenever the Open Chain is at capacity, the Open Cluster can send transaction through different chains using an interoperable blockchain protocol. This will allow for a level of scalability never achieved before. Clustering has been around for some time now, but never used in a complete ecosystem as designed like the Open Platform. This move by the team to develop its own blockchain will be remembered as a major event in the history of cryptocurrency and blockchain in the coming year.
The pubic is eagerly awaiting more announcement from the team, but as we wait to be apart of this historical event, let's familiarize ourselves with the Open Platform Ecosystem:
Website: https://www.openfuture.io/
Whitepaper (Open Chain): https://s3.amazonaws.com/openmoney/OPEN_Chain_-Scalability_Through_Data_Parallelization-_Google_Docs.pdf
Telegram: https://t.me/joinchat/FDNbh0M079p5fnfOHFEJaw
Twitter: https://twitter.com/OpenPlatformICO
ANA: https://bitcointalksearch.org/topic/m.21517540
Topic: The Open Chain: A new blockchain to rule them all!! (Read 117 times)
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