LONDON, Feb. 09, 2022 (GLOBE NEWSWIRE) — FLAG Network, a decentralized protocol, and ecosystem designed specifically for building and connecting Ethereum-compatible blockchain systems, has announced the launch of its project. Created by a team of decentralized developers, FLAG Network assembles a plethora of solutions on the Ethereum network, thus supporting a multiple chain ecosystem.
As a protocol in the ever-evolving crypto space, FLAG Network was designed to address some of the difficulties associated with blockchain usage and adoption—high gas fees, the outrageous cost of running apps, and slow throughput. Albeit similar to other solutions like Polkadot, Cosmos, Avalanche, et al, FLAG Network, according to the development team, is advantageous in three pertinent yet often overlooked areas; simplifies the usage of Ethereum’s network effects, provides a safer environment, and opens up a more stable and powerful world to users.
Choosing the Ethereum Blockchain
The premier DApp blockchain, Ethereum paved the way for the proliferation of a ton of nascent crypto trends by playing host to them. FLAG Network has chosen this revolutionary yet problem-plagued network which, at the time of writing, is laden with major and minor imperfections, some of which include—oor UX, low throughput, high cost, and non-sovereignty.
Aimed at building and connecting Ethereum-compatible networks, FLAG Network will enable users to perform a ton of activities on the network; Users can install stipulated blockchain networks in just a click
Make available an array of modules that can be deployed for the construction of custom networks
Introducing interoperability protocols for the seamless transfer of capricious messages from Ethereum or any other network
An emphasis on transferable security as a service Adopt modules to enable interoperability between blockchain networksCreated by developers for developers, FLAG Network, in addition to the offerings mentioned, will deliver scalability through the integration of remarkably scalable consensus algorithms, […]
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