Brief overview of the public blockchain cryptocurrency industry

Blockchain is a distributed ledger of transactions that can record not only financial transactions, but almost anything of value. Each block consists of a series of transactions managed by the infrastructure of distributed computers on a decentralized network.

What makes blockchain technology unique is its ability to keep all ledgers on the network accessible to the public but completely untouched. Every block in the network is cryptographically linked to two adjacent blocks, meaning that in order to interfere with the network it would require every block in the network to be modified. Since blockchains are distributed over a decentralized network, security is a strong point.

Understanding the nature of today's blockchain technology, the team has come up with solutions that can overcome the above problems, the Prasaga project has developed the DataGrid Blockchain to change the game in the global blockchain ecosystem.

Right now I will introduce the Prasaga project in detail for you to understand more deeply

The blockchain community is constantly looking for solutions to make their platforms and technologies more scalable. Scalable blockchains enable a wide range of decentralized applications.

It's amazing that Prasaga was born to solve all the problems in the Layer 1 and Layer 2 scalable project by using smart contracts to handle them.
The goal of the project is to open decentralized access, free up the transaction speed needed for the present and the future, and be able to control the freedom of movement of each individual.

Prasaga will have practical scaling solutions in the DataGrid Blockchain technology to attract investors to participate, a consensus protocol that combines two protocols: Proof-of-Work (PoW) and Proof-of-Stake. (PoS) allows custom and divisible blockchains to run in parallel and from there to be able to process all transactions in parallel while maintaining security. In a market with a new trend today, it is difficult to deploy projects that bring credibility to the community because many projects have to be left unfinished because there is no investment capital or a team is underdeveloped. Explore technologies to change the blockchain market. But for Prasaga, they have a different, more innovative professional team than their technology that has an extremely high level of security that investors are absolutely interested in.

In 2021, Prasaga plans to develop a blockchain called D-POW that ensures scalability together with (XBOM), which is a scalable blockchain object model set to parallelize the network. DataGrid Blockchain is a very good approach to smart contracts ensuring high speed, high quality and excellent proof of infrastructure development.

The DataGrid focuses on doing everything possible and solves the common problems of data exchange between machines. Blockchain was conceived to make transactions between people high speed, secure and easy. The DataGrid blockchain focuses on improving the global economy and providing a quality of life for everyone in the nearest future. The blockchain ecosystem will improve the identity system, the financial system, the voting system, and improve challenges common in the supply chain and logistics.

The most distinctive product of Prasaga is XBOM, which is designed to be the basis for many different things that will facilitate the implementation of Blockchain use for many different things. Build secure and transparent applications with lower costs and faster time consumption than today's traditional systems

XBOM allows direct support for object-oriented models where objects are instances of a class containing previously generated code in the DGB. and This means that creating a new XBOM object doesn't require the user to load any code. Since XBOM focuses on objects rather than accounts, transactions sent to objects will execute code for that object class.

This is truly an evolutionary change in the concept of blockchain code execution and the concept of blockchain as a world computer.

At this point, do you feel sure about following this project? . For me this is a great project.

Prasaga implements the DataGrid Blockchain (DGB) solution to achieve absolute consensus, their Dapp can process a large amount of data stored on the system, Dapps bound by smart contracts will have what a technology suite does through XBOM.

The advantage of this solution is that being able to resolve all transactions on the network will help developers achieve the highest efficiency when using this technology.

Team

Conclusion:

I thoroughly researched the project before introducing it to the community. Let me learn more about Prasaga through my next articles. Thank you

or more information :

Website: https://www.prasaga.com/
WhitePaper: https://www.prasaga.com/ecosystem-whitepaper/
Token Presale Page: https://www.dgblabs.io/
Telegram: https://t.me/prasagaofficial
Twitter: https://twitter.com/PrasagaOfficial
FaceBook: https://www.facebook.com/prasagaofficial
LinkedIn: https://www.linkedin.com/company/prasaga

author : hoacomay1992