Engineer & Entrepreneur| Web3 researcher, contributor| I create contents that simplifies Crypto and Web3| Ex mod - @FishingFrenzyCo, BD - @Engagoorsolo.to/donrooney 🌎Joined January 2022
what's the most innovative thing you've ever done with just "one click"?
so far, i've seen one click domain registration
i've seen one click deployment on github
one click token swap on uniswap and so on...
but on @CNPYNetwork you have the opportunity of launching a blockchain with just "one click"
by clicking just a button on Canopy, you've skipped:
months of dev/engineering work
validators search and settlement
building community from scratch all over again
new launch attack
this process turns idea into actions in a very short time with no security lag
indeed, this is the new era of blockchain infrastructure. let's build!!!
one of the hardest problems in crypto is consensus
one way or another, every blockchain needs a way to agree on what's true
blockchains use Proof-of-Stake (PoS) and till today, it works, because validators are involved to confirm transactions
long range attack can be caused by
few days back, i started reading more about @CNPYNetwork and jammed a campaign they have on @NucleusCodes
looks like a renewed hope for creators and this seems pretty early
daily, i'm scouting for newly added projects and how to improve my account analysis on Nucleus
really cool platform for all creators to hang around, pick a project they like, talk about them and climb up the leaderboard irrespective of their follower counts and reach
come, let's grow together
pasted ref codes to get started in the reply. let me know if you need any help
one of the hardest problems in crypto is consensus
one way or another, every blockchain needs a way to agree on what's true
blockchains use Proof-of-Stake (PoS) and till today, it works, because validators are involved to confirm transactions
long range attack can be caused by any hacker if they use old validator keys to rewrite old blockchain history, or if validators have sold their stake, but with Canopy's NestBFT which is a combination of Proof-of-Stake and Proof-of-Age, @CNPYNetwork has designed this in such a way that old keys carry less trust over time incase it falls into the wrong hands
when searching for any major long range attack that has succeeded publicly, i couldn't find any coz most big chains now use centralized checkpoints to make this attack non existent
but with each fixes, a new problem, as these checkpoints makes the network less decentralized
Canopy's NestBFT solves this, with no checkpoints involved
NestBFT is the network's security backbone!
just like in a shopping mall, there are also different individual owned stores inside the mall
this is likened to the nested chain on @CNPYNetwork
launching your own project on Canopy, you start as a branch growing out of a trunk, borrowing the strength and security of the
just like in a shopping mall, there are also different individual owned stores inside the mall
this is likened to the nested chain on @CNPYNetwork
launching your own project on Canopy, you start as a branch growing out of a trunk, borrowing the strength and security of the trunk
that trunk is Canopy's main network and that brings about a "nested chain"
the mall is the main blockchain while the individual stores inside the mall are the nested chains
nested chains help with scalability, lower fees and faster transactions to mention a few
you can become your own building (mall) eventually with your own validators, rules, and of course, your own economy without disconnecting from the main blockchain
growing at your own pace while maintaining the infrastructure, that's the nested chain model and that's what you're gonna experience when you build on Canopy Network
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116K Followers 278 FollowingUSDD is a decentralized, over-collateralized stablecoin that ensures 1:1 peg to the US dollar with enhanced stability and transparency.
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