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Blockchain 3.0 is a real thing. So they are blockchains 2.0 and 1.0. The truth is that the blockchain was born as a unique and strange concept that, although it made sense and promised great things, was initially too complex. With the passage of time new and better kept going out and this opened us to the third generation of blockchain that are doing much more than the previous gens. Here are the metrics that help us define the best:
- High scalability
- interoperability
- Sustainability
- private life
- Governance
Bitcoin, as we all know, was the starter of all this, the pioneer of the first generation blockchain. This was followed by the 2nd gen Ethereum, but none of these did adequately in all 4 properties above.
The third generation blockchains are helping to change everything at once. They include names like Cardano, Zilliqa, EOS, QTUM and ArcBlock.
Zilliqa defines itself as "The Next Generation, the high productivity blockchain platform".
Zilliqa is trying to work on the problem of scalability. But are not they all? As of now, Zilliqa can process 100 and 1000 transactions per second and can manage the intelligent distribution of the contract and execute at the same speed through a revolutionary technology called sharding. This is complicated but the key to success here.
Their public test-net version of blockchain is out and the launch of the main network is also set. Zilliqa uses the native cryptocurrency of Zilliqa (ZIL) to execute the economy of blockchain tokens, which is also the fuel of the Zilliqa blockchain.
EOS – A blockchain that seeks to solve multiple problems in addition to scalability, privacy, interoperability, as well as its ability to protect a large amount of data.
He's working on his community to help produce something fantastic. EOS refers to this concept as DAC ie decentralized autonomous communities or autonomous societies.
For this, EOS provides tools to make DApp and smart contracts on EOS blockchain that is fast, secure, private and able to store large amounts of data in a decentralized manner.
ArcBlock is working to make the different blockchains of the world more compatible and user-friendly one with the other to make DApps more complete.
He's trying to change the way we look at nodes and colleagues. He suggested and discussed some updates like:
- Cloud Nodes
- Blocklets
- Open chain access protocol
The open chain access protocol of ArcBlock allows applications to adapt to a variety of blockchain protocols including Bitcoin, Ethereum, Hyperledger and more. This means that whatever you do will have a big chain effect on everyone else.
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