Strengthen innovation in a secure and efficient blockchain platform
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London, United Kingdom, May 19, 2023 (GLOBE NEWSWIRE) — Alternate network, an industry-revolutionizing Layer-1 blockchain, proudly announces the launch of its platform, delivering unprecedented independence, security, speed and cost-effectiveness for blockchain users worldwide. With a community-driven approach and a commitment to innovation, Alterna Network is set to reshape the landscape of cryptocurrency and blockchain applications.
The Alterna Network operates independently as a Layer-1 blockchain, ensuring the completion of transactions without relying on external networks. Once consensus is reached among the validators, transactions become valid and irreversible. This freedom from intermediaries allows users to interact with the platform in different and unlimited ways, promoting a truly decentralized ecosystem.
The platform has attracted a vibrant and enthusiastic community from various regions, who actively engage through social media platforms. The official Alterna Network website serves as a valuable resource, providing information and a link to the fastest growing Telegram group. The community shares a strong belief in the importance of a blockchain platform that promotes innovation, that makes transactions and application development seamless.
Alterna Network stands out for its commitment to transparency and security. Every transaction processed on the network is visible to all users at the same time, which ensures accountability and minimizes the likelihood of fraudulent activities. This transparent approach promotes trust in the network and enables easy tracking and verification of all transactions.
With a focus on lightning-fast transaction speeds, Alterna Network incorporates a Layer-2 solution directly into its Layer-1 infrastructure. Working with experienced blockchain experts, Alterna Network aims to achieve stability in transaction speeds. The platform aims to surpass transaction throughput benchmarks set by Ethereum and Solana, aiming for an impressive 3.5 million transactions per second (TPS), enabling fast and efficient blockchain interactions.
While we strive for high transaction speeds, the Alterna Network remains dedicated to maintaining stable and affordable gas fees for all users. The competitive advantage lies in offering fast transactions at cost-effective prices. By prioritizing affordability, the Alterna Network ensures that users can benefit from improved transaction speeds without incurring exorbitant fees.
To support ongoing innovations and the growth of the Alterna network, the network encourages participation from a diverse pool of validators. Anyone can become a validator by holding or betting 0.1% of the total supply. This inclusive approach enables community members to actively shape the future of the Alterna Network, fostering a decentralized and collaborative ecosystem.
The Alterna Network, with its independent operation, high security standards, lightning-fast transaction speeds, cost-effective gas fees and community-driven initiatives, stands as a powerful Layer-1 blockchain that empowers users and opens up opportunities for advancements in cryptocurrency and blockchain-based applications. With its dedicated community and commitment to excellence, Alterna Network is poised to make a lasting impact in the blockchain world.
For more information on the Alterna Network, please visit https://alternanetwork.org
About Alterna Network
Alterna Network is a Layer-1 blockchain platform that operates independently, providing security, speed and cost-effectiveness for users worldwide. With a strong emphasis on community-driven innovation, Alterna Network aims to revolutionize the cryptocurrency and blockchain industry. For more information, visit https://alternanetwork.org.
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Disclaimer:
The information in this publication is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor) before investing or trading in securities and cryptocurrencies.
CONTACT: Jonathan Reichental support(at)alternanetwork.org
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