Meet the Next Generation Cryptocurrency ‘Crypti’, Blockchain 2.0 Tech

0
43

Meet the Next Generation Cryptocurrency ‘Crypti’, Blockchain 2.0 Tech

Crypti which is being called a blockchain 2.0 technology dedicated to allowing fast, easy, and cost effective deployment of decentralized applications (Dapps) has come to public domain now as the Crypti Foundation, the team behind the next generation crypto-currency Crypti, recently unveiled its first video preview.

Though there are a number of cryptocurrencies like Bitcoin, Litecoin, Dogecoin, etc. amongst others, introducing a new cryptocurrency should not surprise anyone, ‘Crypti’ is attracting attention from people for its features. The people behind it claim that it is built over the course of a year by a geographically dispersed team of developers and entrepreneurs.

Nonetheless, Crypti’s new platform according to the foundation will provide thousands of Node.js developers with a full stack (consensus, hosting, storage and computing) solution for launching decentralized applications onto the blockchain. Crypti is able to provide a complete solution for the entire Dapp development cycle.

Crypti Dapp Store

The foundation informs that using the Sia network as its preferred decentralized storage solution, Crypti’s newly released video guides developers through the simple process of deploying and launching an application onto the official Crypti Dapp Store. In a press release the foundation claims:

Crypti’s decentralized applications are backed by the existing Crypti network which operates using a variant of the BitShares Delegate-Proof-of-Stake (DPOS) consensus model and is formed of 101 active delegates who are democratically elected by the users of the network.

The Released Video Guides the Developers have Firsthand Idea of Crypti

Though there are various existing platforms that may have some features that also appear in Crypti Dapp Store, the foundation claims that in contrast to other existing platforms, Crypti decentralized applications are each individually secured using a unique customizable side chain. Here developers are provided with the alternative option of using the Bitcoin API and consensus model to secure their decentralized applications.

Talking about Crypti and the video that it has released, Community Manager, Max Kordek said that the release of this video marks an important milestone in the Crypti Foundation’s attempt to establish itself as a leading innovator within the rapidly growing decentralized applications sector. Nonetheless, the platform remains in an alpha state for now.

However, it will go through several quality assurance cycles before it is released and an open beta is due to start once the platform is deemed ready.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com