FLETA – A Personalized Gas Free Blockchain Network

Published by Akashark on

What is FLETA?

FLETA is an exclusive blockchain procedure to develop on every preceding model. FLETA looks for the problems in blockchain to give the answer by utilizing a highly efficient block processing method and higher features. You may connect us in our transcending expedition to turn into the safety protocol and fastest in the space. Fleta is a stage that resolves the GAS issue perfectly. EOS applies to DApp developers the EOS staking problem That Ethereum charges to DApp users.

Fleta Ecosystem

With the objectives to provide a developer-friendly ecosystem, FLETA has dealt with the problems of the accessible blockchain such as block redesign, decentralization utilizing own technologies multi-chain configuration, scalability, Proof-of-Formulation (PoF), parallel sharding and new agreement algorithm. FLETA has established the technology capabilities by its beta test net. FLETA City Simulation in spite of technology background user can practice the FLETA technology by DApp game with fun.
Technical Features:

 


FLETA build up a new agreement model instead of the existing model PoW to stop unnecessary forks. This new model is called Proof-of-Formulation in which blocks are generated in a selected order and agreement is built on the block mining process. It permits block’s distribution range to decrease resulting in quicker block creation and distribution. The observer node facilitates immediate verification and stops fork. In turn, the transaction speed is increased and the network becomes constant.


FLETA’s self-governing multi-chain configuration solves the scalabilities issues. The major chain integrated many DApps in the existing blockchain stage and the mining group had to run all other sub chains and the key chain. FLETA utilize a configuration in which every subchain operates separately its own chain, resolving the previously mentioned issue. Thus, FLETA separates the task and data field so that one another cannot influence DApps.


DApps are planned to manage the Formulators by their token holders. This platform improved scalability, processing speed, fees and data storage all over blockchain networks. Combining our consensus model PoF and independent multichain structures with these key three technologies we have achieved changes to the underlying fundamental structure for FLETA’s blockchain network that will enable it to become the go-to blockchain application platform and market.

Business Mod

 


FLETA planned the mining node to run on the cloud network and a monthly charge of mining node maintenance fee to miners. FLETA’s business model is to give the mining nodes to put it easily like IaaS or SaaS and receive the maintenance fee. FLETA has included worldwide recognition to its brand throughout meetups in Asia and Europe through continuous improvement meeting conferences. FLETA intend to discharge their Beta Testnet In the first quarter of 2019.

Conclusion

FLETA pays its concentration to give a developer affable ecosystem complying with local regulations and laws. We are under conversation with some enterprises for FLETA technology acceptance and their IT solutions. It will speed up blockchain approval in everyday life. We trust that FLETA is playing an essential role in this rush. It will contribute to insert huge values to the Bittrex business, one of the world’s biggest and lawful crypto exchanges.

To know more about the project, you may have a look at the FLETA website and their social channels. The links are given below,

FLETA Website: https://fleta.io

Whitepaper: https://fleta.io/download/190426_Buisness_Whitepaper_EN_web.pdf

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5130148

Telegram Chat: https://t.me/FLETAofficialGroup

Twitter Profile: https://twitter.com/@fletachain

FLETA Blog: https://medium.com/fleta-first-chain

 

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