Layer 1 Blockchain Massa addresses security and scalability bottlenecks in Web3, here’s how
[gpt3]rewrite
In Q1, 2023, L1 blockchain Massa witnessed a huge influx of projects interested in using its codebase
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Massa, an eccentric Layer 1 blockchain based on parallel computation, shares the details of the ecosystem’s growth and teases new releases.
Massa blockchain testnet has included dozens of dApps since its launch
Introduced in early 2021, Massa Decentralized Network is a new generation high-performance blockchain that uses the latest developments to address the so-called “blockchain trilemma”, i.e. the problem of finding a perfect balance between security, scalability and decentralization.
Massa blockchain launched its public testnet in July 2021. Right after public release, it started adopting decentralized applications of various types: cryptocurrency wallets, DeFi protocols, NFT marketplaces, Web3 social media, GameFi apps, infrastructure tools, and so on .
To demonstrate the progress of their applications, teams can add their products to the “Ecosystem” page on Massa’s main website.
The applications on the chain of the Massa ecosystem are attracted by the combination of functions that the blockchain is characterized by. Massa’s team strives to merge the advantages of high throughput, battle-tested security and verifiable decentralization.
Multi-threaded block graphs, self-executing smart contracts: What’s new in Massa?
To lead the charge in new decentralized computing technologies, Massa used a number of developments that make it look unique compared to all major competitors. Blockchain utilizes a multi-threaded block graph that paves the way for unprecedented scaling possibilities.
With Massa, nodes can process blocks in parallel. This allows increasing the net bandwidth of the blockchain to a whopping 10,000 transactions per second without splitting and integrating L2 solutions that are vulnerable to centralization.
Next, Massa leverages autonomous smart contracts. This subclass of smart contracts is more resource efficient and allows a more sophisticated dApps logic to be implemented. Namely, autonomous smart contracts can work with planned events in the future, activate triggers for contract execution and so on.
With its current token distribution status, Massa is also among the most decentralized blockchains on the market when it comes to community governance capabilities. Its token distribution has a 1000+ Nakamoto coefficient score, signifying the highest level of protection against whale dominance.
Community-driven programs start for Massa-oriented developers
Since the very first releases of the Massa blockchain, the team has been laser-focused on building a strong and passionate community of crypto enthusiasts around them. It is Discord channel is a meeting point and red-hot hub of discussion that is always ready to bring newcomers and seasoned crypto experts alike.
In response to growing developer interest in building on Massa, the team offers customized support for each application and team contributing to the ecosystem. Massa organized a number of community events, including grants and incubation initiatives.
Massa provides applicants to its community programs with legal advice, incorporation, development resources, marketing expertise and funding opportunities.
The blockchain has already released a software development kit (SDK) designed to streamline the onboarding of new applications and educate a new generation of developers. Massa welcomes node operators: anyone can install client software and start running a Massa node.
With all these developments, Massa is trying to solve the blockchain trilemma in a completely new way, using parallel computations, fully decentralized governance and self-executing smart contracts.
[gpt3]