When it comes to blockchain, you’re spoilt for choices. There are a number of blockchain initiatives that keep surfacing day in and day out. However, only a few of them hold the capacitance to survive.
This capacitance is speculated by the firm’s innovation roadmap and its problem-solving potential in the crypto world. Blockchain advancement has already been crippled with a number of illicit practices, so the new firms are expected to bring to the horizon, some out of the box and spotless solutions in the blockchain arena.
Enecuum is one such blockchain project that’s taking shape.
Enecumm is the next-generation blockchain that endeavors to improve the security via calculative smart contracts, letting instant transactions take place with no commission at all. This is expected to solve the network scaling problem by aiding 3 algorithms for mining alongside, namely, PoW, PoA, PoS.
The blockchain portal in the discussion has been under development in the last couple of years to eradicate crypto-currency problems like jeopardized smart contracts, problems in network expansion, internet attacks, less speed along with elevated transactions’ expenses.
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Under the above-mentioned consensus, the platform furnishes miner operations as well as network nodes over a network-connected device, virtually. It takes care of the network scaling issues and preserves it from 51% attack type along with other practical problems under PoW mining.
Enecuum aids distinct block branches, one being the “Date branch” that has the capacity to stock any files, marking them on the block level under a distinct gematric code. This enables it to function with files of smart contracts inside the primary blockchain unit and execute services needed for business, like digital goods distribution of games, music, movies, etc., document supervision, government courtesies, and more.
The firm wrote in a blogpost that the smart contract security is “ensured by their implementation based on the business-oriented linear logic, called SHARNELL.”
It writes that Smart contracts are composed of mathematical procedures, which enable expansion of the contract functionality significantly. These procedures also prescribe any conditions and stage-by-stage implementation, as well as pre-test it for vulnerabilities. Linear logic being totally predictable stimulates a confidential engagement with the branch of the blockchain. And because the linear logic is predictable and tangible, the certification is open to automation. But the certification safeguards no exceeding quotas, unsafe operation variants, hang-ups, etc.
The platform employs separate and independent transaction branches that let transactions happen at faster and reasonable rates. In these branches, the participating tokens can be transformed into emission modules and vice versa automatically. This does away with the price issues of the transaction as well as its lethargy. Moreover, it also lets users employ the platform for any other chores like the gasoline trade, microtransactions over instant messengers and corporate monetary transfers, etc.
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The company mentions the main constituents and advantages of Enecuum as follows:
- Universal mining algorithm of POA, POS, & POW
- Various types of branched chains
- Differential block sizes
- Logical contracts on the basis of business-adaptive linear logic SHARNELL
- Token
- Marks
- Business Templates and APIs
- Inductors & induction functional
