Back in the day, people used to dismiss the internet as being just a fad that will pass with no real use. Time passed, and the deniers of this technology stand in awe of the way that information technology and the internet have changed our lives on a macro scale! Companies like Google or Amazon have made their billions by leveraging the power of the internet to reach almost every human on this planet.
Just like an echo to the inception of the internet, blockchain technology is poised to fire up a new revolution! With the help of a tamper-proof, distributed ledger we finally can create dApps (decentralised Apps) that do not require a third party for data integrity and validation. Once stored on the blockchain, users can rest assured that essential laws of mathematics and cryptography safeguard their data.
Introducing Treeblock: A High Performance, Scalable and Secure Public Blockchain Ecosystem!
A key advantage that Treeblock has in comparison to other blockchain architectures would have to be the hierarchy sharding module. This allows faster sync times and speedier cross-checking with a higher level of decentralisation thanks to the divisible sharding technique where less data is stored on each shard. Building a resource-expensive dApp on the Treeblock protocol will have no impact on the latency of the dApp once launched.
Family Nodes: A solution to 51% attacks?
To further secure the network, Treeblock uses Family nodes that maintain the blockchain. These nodes produce the next block and can become a passive income source with the collected transaction fees. With the help of the DpOS (Delegated Proof of Stake) algorithm, Treeblock is far less prone to 51% attacks that so many current blockchain projects are vulnerable. This family node is easy to set up even for a non-tech person, and it gives the opportunity to manage a joint family fund that can be passed around with the help of Smart Contracts. Here are some examples of possible use cases for the Treeblock protocol:
- Regulated Gambling Services
- Audit and Insurance Policies
- Data Storage and Digital Notary
- Workflow Management
- Payments and Financial Audit
- Supply Chain Management
Should you decide to start using the Treeblock ecosystem and build a dApp on it, the only thing that you have to take into consideration is the 0.01% transaction fee that goes back into the development fund. This way, Treeblock will become a self-sustainable platform that will reap the benefits of the great projects created with its help.
Developers are going to be supported on their entire creation pipeline with block producing support and dApp architecture consulting. Once done, the dApps will be launched on the internal dApp Store where users can access it quickly and even consider investing in up and coming ideas. The project has an ongoing ICO, and you can purchase TREX tokens right now at the price of 0.02USD per token.
For more information regarding TreeBlock feel free to check our Website, and don't hesitate to check the ANN and the Whitepaper page.
ETH address: 0xb38389bb2ec99f32d2bf06b390a9d4f6a5d05037