FLETA White Paper

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Hello and welcome to this blog post about FLETA White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the FLETA white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the FLETA (FLETA).

I can ensue you that, you will be able to understand every bits and pieces related to FLETA (FLETA) after going through the FLETA white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

FLETA White Paper

FLETA white paper will be going to provide you, all the information that is needed to get started with FLETA (FLETA), including the inspiration for creating, the problem it is trying to solve and the solution proposed by FLETA (FLETA).

Abstract

“ 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. With the goal of maximizing the potential of blockchain technology, FLETA came up with a breakthrough. It all starts from our unique and original blockchain structure, which distributes subchains in a layered chain for each DApp.

Through the Block Redesign technology, verification speed becomes faster and data volume is reduced. In addition, block generation speed has been reduced, with more transactions processed per block.

FLETA provides the function to create a customized subchain for each DApp, where the transaction of its token and assets can be made. Run through its own network, each DApp can update independently based on its own governance, frontend and backend development environment.

Additionally, high-speed block transaction is made possible through parallel processing and instant confirmation of observer node. High GAS price and functional degradation of DApps have also been resolved.

Other innovative technologies such as a multichain structure, parallel sharding, and a new consensus model (Proof-of-Formulation; PoF), contributed to resolving problems which the current blockchain ecosystem is facing.

FLETA’s innovative technology and platform will play a leading role in the spread of diverse DApps throughout the industry and in advancing the blockchain ecosystem.”

White Paper Link: FLETA (FLETA) White Paper

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