FLETA is a platform for the creation of revolutionary DApps(Decentralized Applications). The platform mainly focuses on technological advancement and innovation to allow developers to focus on their ideas without worrying about anything else.
The creation of DApp platforms has been increasing dramatically during the last year as DApps are becoming popular. Those platforms are usually open-source, using a decentralized consensus mechanism, and many developers have opportunities to make their DApps if they have own ideas.
DApps are desperately looking for a way to scale in the future as well as full independence. However, some platforms do not fully provide these crucial features they need. It is also essential to have a reasonable execution fee and speed for the performance and execution of DApps. Though all these issues are playing a significant role in the adoption problem of DApps, the technology behind decentralized applications is still relatively new, and there is still much room for improvement.
FLETA knows the problems DApps are currently facing, and we are trying to solve them with FLETA’s advanced technology.
Transaction Speed and Network Congestion
Transaction speed is one of the most important factors when it comes to DApp and cryptocurrencies in general. For the network to operate DApps without congestion, speed should be fast enough, as many other applications and services widely used. Otherwise, users may feel inconvenient because of its low speed, and it will be hard for the DApps to be used by the general public.
FLETA platform has been able to achieve 14,000 transactions per second and is aiming to reach higher. Considering Visa processes around 2,000 transactions per second on average, FLETA is certainly well equipped to provide a robust infrastructure for any decentralized application.
Scalability of DApps.
FLETA is not only capable of achieving high transaction speeds but also provides DApps infinite scalability. It also allows each DApp to operate independently, which indicates that its network will never be congested because of another DApp on the chain.
Each decentralized application holds its own subchain on the FLETA platform. FLETA also offers free choices and flexibility to its DApps; for example, they can decide how to manage their token economy. Since FLETA has the Gateway System, a system that enables users to swap ERC-20 tokens to mainnet coins, DApps can use their ERC-20 tokens in parallel with FLETA’s chain. Therefore, even if DApps choose to use ERC-20 tokens, they do not suffer from any handicap.
A Brand New Consensus Mechanism
While most cryptocurrencies and blockchain-based platforms are opting for traditional consensus mechanisms like PoW or PoS, FLETA has been able to develop a brand new mechanism called PoF (Proof of Formulation). PoF system eliminates unnecessary forks and allows blocks to be generated in a designated order, and it makes a stable and secure network. It is also one of the factors that enhances the FLETA chain’s speed; PoF system confirms generated block in real-time, which increases transaction speed.
Conclusion
Decentralized applications are becoming popular, not only among cryptocurrency users but also to the general public. However, for better adoption of DApps to our daily lives, platforms with unlimited scalability, fast transaction speed, and low transaction fees are necessary.
FLETA developed its own technologies to provide the best condition for DApps. As FLETA’s ultimate goal is to commercialize blockchain technology and broad adoption of DApps, FLETA will keep focusing on upgrading its technology for a better future.
***
Feel free to join and connect with us through any of our official channels below:
Website: https://fleta.io
Twitter: https://twitter.com/fletachain
Telegram: https://t.me/FLETAofficialGroup
Github: https://github.com/fletaio
