Since the invention of blockchain alot of things has been made very easy especially recording of transactions, blockchain technology has really been of help and has made storing of data to be more easy and secured, it's very obvious that storing of data in blockchain will bring vast improvement to data security. Blockchain has really made many activities go smoothly but due to its complexity not everyone can easily access blockchain and also there are so many limitations to blockchain.
It's unfortunate that scalability has really been a major problem to blockchain which isn't nice at all, blockchain is secured and decentralized no doubt about that, having just this two makes it incomplete like being unable to carry out its promises, scalability is really needed in blockchain. PRASAGA is actually bringing an evolution to blockchain, and will enable blockchain to fulfill it's promises thereby helping blockchain to grow higher than its limitations
PRASAGA: EVOLUTION TO BLOCKCHAIN TECHNOLOGY
Due to the complexity of blockchain there have been lots of limitations to blockchain technology which makes it unable to carry out its potential duties smoothly. There is really a need for an evolution to blockchain technology, PRASAGA has offered to bring an evolution to blockchain technology and has designed the next evolution to blockchain architecture, there are offering to render a blockchain that will achieve the promises that all blockchain has aimed on, not just a normal blockchain but one which will provide the highest level of resistance against attacks and also rewards its ecosystem of contributors, and most importantly this blockchain will be able to scale in throughput as more resources are added to the network, providing the maximum possible increases in speed.
PRASAGA has designed some features which will really boost the potential power of blockchain therefore enabling us benefit from this evolution
FEATURES & BENEFITS OF PRASAGA EVOLUTIONARY TECHNOLOGY
- Parallel Processing All Transactions:
Prasaga have started development of the next-generation global ecosystem that will address the trilemma through hybrid consensus protocol leveraging both Proof-of-Work (PoW) and Proof-of-Stake (PoS), called the DataGrid Blockchain (DGB). The DGBallows compartmentalized and customizable blockchains to run in parallel as the entire network retains Bitcoin-level security.
• Scalable through sharding with full consideration of Internet latency
and transmission protocol issues using proven parallelization models that theoretically can run as fast as network limitations allow.
• Evolving the current approach to how accounts are created, and transactions are recorded that facilitates the parallel execution of transactions across all chains.
• Developing a method for having the programming of all transactions
happen on the blockchain and keeping all code needed to a minimum
and eliminating the introduction of errors.
- Critical System Level Security:
Prasaga is also building the safety-critical systems foundation layer that enables secure, private, interoperable messaging networks for large scale Industrial Internet, financial technology, and decentralized applications.
• It will help deliver a fully transparent high-integrity platform for the world’s data.
• Engineer a truly decentralized and distributed system with safety-critical system principles.
• Bitcoin-level security for a permission-less blockchain without
sacrificing scalability.
These features are really very unique and also would be beneficial to blockchain users, this features listed out will help the blockchain grow across limitations other blockchain face.
REINVENTING SMART CONTRACT WITH XBOM:
With so much researches made by PRASAGA there found out that all the projects being hyped or been promoted no one really satisfies the DataGrid need for security and scalability while remaining decentralized, so Prasaga is connecting DataGrid blockchain with XBOM to build a ledger that puts the coding, execution and settlement of all asset transactions directly onto the blockchain — delivering an evolved
approach to Smart Contracts that provides increased speed of development, higher quality, and a future proofed development infrastructure. I know you might really wants to know the meaning of XBOM or what it truly stands for, well XBOM is an abbreviation of Extensible Blockchain Object model which creates an infrastructure for developers that delivers faster application development, more efficient marketplaces, and a more scalable decentralized network.
There are more features about Prasaga and XBOM , to know about these projects follow the links below
Website Links : https://www.prasaga.com/
Twitter: https://twitter.com/PrasagaOfficial
Telegram: https://t.me/prasagaofficial
Discord: https://discord.com/invite/97B6kdP2tD
LinkedIn: https://www.linkedin.com/company/prasaga/
Whitepaper: https://www.prasaga.com/ecosystem-whitepaper/
Authors POA
BTT username : Emmychris
Link to profile: https://bitcointalk.org/index.php?action=profile;u=2825273;sa=summary
ETH wallet address : 0xc36BE80721595EC2f162E32d5810a1093E8D289d