London, UK, May 21, 2023 / AlexaBlockchain/ – Alterna Network, a Layer-1 blockchain platform aiming to revolutionize the industry, has announced the official launch of its groundbreaking platform. With a strong emphasis on independence, security, speed, and cost-effectiveness, Alterna Network is poised to reshape the landscape of cryptocurrency and blockchain applications worldwide. This momentous occasion marks the beginning of a new era in decentralized finance.
As a Layer-1 blockchain, Alterna Network operates independently, eliminating the need for reliance on external networks. Transactions on the platform are finalized once consensus is reached among validators, ensuring their validity and irreversibility. This unique approach empowers users to interact with the platform freely and diversely, fostering a truly decentralized ecosystem.
One of the key strengths of Alterna Network lies in its vibrant and enthusiastic community, which has been actively engaging through various social media platforms. The official Alterna Network website serves as a valuable resource, providing users with essential information and a link to the platform’s rapidly growing Telegram group. The community shares a strong belief in the importance of a blockchain platform that fosters innovation, making transactions and application development seamless.
Transparency and security are at the core of Alterna Network’s principles. Every transaction processed on the network is visible to all users simultaneously, ensuring accountability and minimizing the likelihood of fraudulent activities. By embracing this transparent approach, Alterna Network cultivates trust within the network and enables easy tracking and verification of all transactions.
Alterna Network sets itself apart by prioritizing lightning-fast transaction speeds. The platform incorporates a layer-2 solution directly into its Layer-1 infrastructure, collaborating with experienced blockchain experts to achieve stability in transaction speeds. With an ambitious goal of surpassing transaction throughput benchmarks set by industry leaders such as Ethereum and Solana, Alterna Network aims to achieve an impressive 3.5 million transactions per second (TPS). This groundbreaking capability will facilitate swift and efficient blockchain interactions, opening up new possibilities for users.
Despite its focus on high transaction speeds, Alterna Network remains committed to maintaining stable and affordable gas fees for all users. By prioritizing affordability, the platform ensures that users can benefit from enhanced transaction speeds without incurring exorbitant fees, making it an attractive option for blockchain enthusiasts and businesses alike.
To foster ongoing innovation and ensure the growth of the Alterna Network, the platform encourages participation from a diverse pool of validators. Anyone can become a validator by holding or staking 0.1% of the total supply. This inclusive approach empowers community members to actively shape the future of Alterna Network, fostering a decentralized and collaborative ecosystem.
With its independent operation, high-security standards, lightning-fast transaction speeds, cost-effective gas fees, and community-driven initiatives, Alterna Network stands as a powerful Layer-1 blockchain, empowering users and opening up new opportunities for advancements in cryptocurrency and blockchain-based applications. Backed by its dedicated community and commitment to excellence, Alterna Network is poised to make a lasting impact in the blockchain world and drive the industry forward into a new era of decentralization.
For more information about 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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