Whitepaper purposes
This whitepaper is meant to be different.We don’t want to write cascade of words to pull the wool over someone’s eyes. Our intent is to be clear on the project
The blockchain
Just like the name suggests, a blockchain consists of multiple blocks that are strung together. The main difference with a database, is that each computer in the blockchain network will
The consensus mechanism
The process of validating transactions across many nodes of a blockchain network is called “consensus mechanism”. Consensus mechanisms are necessary for blocks to maintain the accuracy and validity of their
Ethereum
Ethereum has been a great innovation in blockchain technology, so much so that it has been defined as blockchain 2.0. The main difference with Bitcoin is the possibility of programming
Layer 2 blockchains
Ethereum Mainnet was known to have expensive gas fees and moreover to have slow transaction times. For this reason Layer 2 projects were built on the Ethereum blockchain, keeping transactions