FLETA - The Platform for a Sustainable dApp Ecosystem

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The first-generation blockchain platform Bitcoin solved the double spend issue. Following Bitcoin, a second-generation blockchain platform Ethereum appeared, which implemented a variety of blockchain platform services through a smart contract. However, most blockchain platforms show limitations in terms of scalability, data processing speed, data storage, and execution fees.

If the blockchain platform stays sustained and zestful in this way, it should allow developers to create DApps easily, also users should be able to use it. This is when FLETA has come up with an optimal platform that meets the needs of the developers and users with advanced technologies. FLETA aims to compete with Google Android and Apple iOS. Let's take a deep look to understand how FLETA can do that. Until now Ethereum and EOS is the most popular DApps development platform, but probably FLETA can take a lead for them.

FLETA goes beyond just building a new platform. It focuses on extensive technological innovation and diverse fields of application. FLETA’s blockchain network has been designed to actualize the real ‘decentralization’ and contribute to the advancement of the blockchain ecosystem, by enhancing the independence and scalability of DApps. As an unprecedented type of blockchain, FLETA allows more freedom and efficiency in developing and providing services.

FLETA Blockchain

FLETA goes beyond just building a new dApps development platform. It resolves the gas fees currently charged by ETH network, also take care of EOS staking limitations. Currently, it's running its Test Net and in Q2, 2019 they planned to launch the main net for FLETA chain. It will bring pure decentralization and freedom for developers, so it would be much efficient to use. By Q4, FLETA will launch its own dApp and open development opportunities publicly.

More about FLETA platform

FLETA has accumulated worldwide recognition through conferences and meetups in Europe and Asia. They were able to prove their innovation. Before opening the main net, there are several stages of test net and beta net to ensure the security and effectiveness of the chain.

Advantages of FLETA network

FLETA uses an independent multi-chain structure with the existence of a sub chain separate from the main chain, solving the problem of overloading the main chain and reducing excessive fees for both developers and users. That means each dApp can run independently by separating the main net and data domain. This is how FLETA reduced the latency and excessive fees for transactions.

PoF (Proof-of-Formulation)

As we already mentioned that FLETA going to be a great innovation of blockchain tech, it developed a new consensus model that can prevent unnecessary fork. Additionally, it will increase the transaction speed and the method they call is PoF. So at FLETA block mining will be in PoF (Proof-of Formulation) method. Moreover, an observer node can confirm blocks in real time, so it will be much faster compared to other platforms.

Redesign blocks

A blockchain's primary element is block structure becasue it directly leads the transaction process and token economy. FLETA has redesigned its block structure, which had been used since the very first stages. This was accomplished by reducing the block size by 43%. And the developers believe that the transactions at FLETA network will be 1.8 times faster.

Partners

FLETA has partnered with over fifteen blockchains and tech company in order to serve better. That includes Swisscom, CBLock capital, Bitmonex, Green Pay, Remiit, Alkion, ENtersoft, and many others. Most of these ventures are expert in their individual program.

More things about FLETA

FLETA can process 20,000 transactions per second. The team claims this is the fastest TPS of individual fragments among existing blockchain projects. FLETA users will be able to earn native tokens by measuring and completing network tasks.

FLETA Roadmap

Other important things to know about FLETA

FLETA project has been created by FirstChain company, which has a group of expert individuals in different fields like blockchain developers, business development expert, marketing strategy expert, financial expert and many more. FirstChain is connecting those experts at one place to make the most benefits of those talents. This is how FLETA born.