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ALITAS is the underlying infrastructure of a new generation of the value network. It has made a breakthrough in the theory of traditional directed acyclic graph (DAG).
Currently, the blockchain industry is entering a new era, yet concepts such as GameFi, SocialFi, and Metaverse are still in their infancy. Also, the performance of traditional blockchains has reached the bottleneck and cannot support the growing number of users and data, lacking a guarantee that the transaction can be confirmed quickly enough. At such a critical time, ALITAS network came into being.
Bitcoin blockchain has the characteristics of decentralization, data persistence, tamper resistance, and high security, but it also has some shortcomings, such as poor programmability and high energy consumption. Later, Ethereum and Solana, which support smart contracts, still have the disadvantages of poor scalability, small throughput, and expensive handling fees. DAG is a very high-quality blockchain 3.0 solution, which fundamentally changes the architecture of the traditional Bitcoin blockchain, turning the traditional chain-like blockchain into a graph-like blockchain. The advantage of the graph blockchain is that the transaction speed is fast. Its information interaction has changed from the entire network to only a small number of nodes, greatly reducing the consumption.
ALITAS is the underlying infrastructure of a new generation of the value network. It has made a breakthrough in the theory of traditional directed acyclic graph (DAG). It adopts the ALITAS structure to organize blocks. While achieving complete decentralization and completeness, under its ALITAS architecture, TPS can reach 30,000+ per second, breaking the performance bottleneck of the consensus mechanism. Moreover, technically, “Tolerance Algorithm” and “Star Drop” were innovated. “Tolerance Algorithm” can completely solve data consistency, while “Star Drop” greatly improves the random attributes of nodes legally quoted, and realizes transaction privacy and high security.
Ki Chong Tran, a well-known crypto blogger stated that:
“The next major iteration of the Internet is to allow users to seize power from the centralized companies that dominate the Internet.”
Although this revolution is not necessarily led by ALITAS, ALITAS will definitely play an important role. At present, concepts such as GameFi and Metaverse are beginning to emerge in the blockchain industry, showing their ambitions in the era of blockchain 3.0.
Compared with traditional games, GameFi has some advantages that cannot be ignored. With the ownership of the assets in GameFi, through smart contracts, the assets of the game belong to the player rather than the developer, and the player truly owns the game assets and can conduct transactions at the same time. By gaining the ownership of the assets, players can achieve the realization of their assets, and trade NFT and game tokens for more profits.
This new model enables developers, players, and publishers to achieve a win-win-win situation. The essence of GameFi is the distributed management of the blockchain, with transparent game code. Players can also vote to participate in the upgrade and transformation of the game through DAO, which further increases the player’s participation. The ALITAS high-performance DAG network will become the infrastructure of the next generation of GameFi.
Regarding Metaverse, major companies have different understandings of the degree of recognition. Some people think of the metaverse as something that already exists, such as the world created by Roblox. Some people regard it as a vague concept of the future. Mark Zuckerberg, CEO of Meta, one of the biggest promoters of Metaverse, said that Metaverse is a physical tool that people can experience. In Zuckerberg’s goal, Metaverse will “reach 1 billion people and concern hundreds of billions of dollars in digital commerce.”
At the same time, David Baszucki, the CEO of Roblox compares Metaverse to a “common human experience.” Roblox defines Metaverse as creating a virtual environment through technology to realize business creation, social networking, entertainment, trading and other activities. Zaiets Ivan, CEO of ALITAS, stated that with the integration of the digital world and the physical world, ALITAS is leading a new layer of the infrastructure, the blockchain Metaverse.
With the vigorous development of the blockchain ecology, a small ripple can cause huge waves, and changes have been carried out subtly. It is possible that ALITAS will become the underlying infrastructure of the blockchain in the future.