Open source blockchain projects: The Takamaka Technolgy
Open source blockchain
From the WhitePaper document, Takamaka presents itself as a complete, fully open source verifiable blockchain projects that does not require any special development environment to be programmed and that solves, not only the issues regarding ease of programming and scalability, but that proposes a new PoS consensus algorithm, designed not to be subject to currently known attacks.
Takamaka is a cryptographic project developed by AiliA SA in collaboration with the University of Verona and Trento, which is based on the implementation of all levels that make up the Blockchain: Smart Contract, Consensus Algorithm, Networking, Cryptography, security against quantum computer attacks.
Scalability of the Takamaka Blockchain, designed in JAVA language
The peculiarity of Takamaka Open source blockchain projects respect to other Blockchains is its programming language: Java.
JAVA was born as an Object Oriented language to solve concrete problems, such as greater simplicity for writing, code management and the realization of programs that are not tied to a precise hardware architecture. It has characteristics that lend themselves perfectly to the management and programming of the entire infrastructure.
From the node, to writing contracts and creating tokens, the result is a high-performance, fully Java programmable Blockchain that requires no special development environment.
Takamaka presents itself as a complete, open source blockchain projects that does not require any special development environment. Double coin. Consensus Algorithm
Proof of Stake is a modern approach to the generation of blocks and thus the consensus of transactions enclosed in it. In this way there is a probability proportional to the amount of coins stored in the wallet to be selected to generate new blocks.
A node chosen to coin a new block is called a miner, while one that stakes coins on a miner is called a stakeholder.
The bet on a miner node, never gives the right to make that node predominant over all others.
In Takamaka, there can be no bets on a single node above a certain value dictated by the protocol; this ensures that the node does not have a predominant role in the network (a necessary condition for the equilibrium state).
Double coin
Takamaka has introduced two tokens, Green (TKG) and Red (TKR).
The Green Token TKG is never exchangeable for the Red Token TKR, but is generated by the Staking activity and can be purchased currently on the LATOKEN Exchange and used to pay StakeHolders, SC contracts and transactions.
The Red Token TKR was generated in the block zero and its value is stable and guaranteed, it is not subject to market fluctuations and / or speculative effects in general, in this sense the Token guarantees the stability and certainty of management costs on the network (fees and Smart Contracts).
TKR is to all intents and purposes a non-algorithmic STABLECOIN.
The red TKR Tokens generated in the genesis block are 100,000,000 and are issued upon purchase request, directly by the company AiliA SA.
Both Tokens are Utility.
AiliA SA, behind Takamaka project
The project was born and developed following an initial and in-depth study of how blockchain works.
Mario Carlini CEO He bought AiliA SA in Switzerland at the beginning of 2017, and in October of the same year started the Takamaka project.
He entrusts a part of the project to the University of Verona and Trento and delegates the next levels of development to AiliA SA engineers, to whom he entrusts the realization of the consensus algorithm, Networking between nodes and cryptography.
Currently the company is based in Switzerland, and is active and operating in the field of “Provision of IT services” and innovation processes in the areas of Blockchain and AI technological transformation.
Takamaka for your business idea. Strengths
Takamaka is a completely Open Source project, where anyone can modify and redistribute the source code, the approach to the code is simple, thanks to JAVA that makes it easily accessible to developers and companies, without the need for a special development environment.
Thanks to the double Token created in the same Blockchain, with the TKR (red token) the stablecoin, you can pay transaction and contracts and use it as digital money, while the TKG (green token), you can realize a continuous reward and earn Tokens, aiming from your wallet directly on a node, at least 200 TKG.
Takamaka is a Blockchain company fully regulated by Swiss law, you do the KYC directly on the company’s website thanks to which you are also able to prove that you are “your public key” and therefore sign an NFT for example, just like an author signs his work.
The Blockchain can be used as a repository by uploading directly from the wallet any digital file and thanks to its particular algorithm of consensus both upload and transactions, have costs among the most competitive in the panorama Blockchains.
The HOTMOKA structure allows the creation of Smart Contracts, so the creation of Token Voucher, depositing TKR, or the import of SC (ERC20 – ERC720) Ethereum directly into Takamaka.
Takamaka looks to the future, because it is already Quantum resistant. How many Quantum resistant Blockchains do you know?
PURPOSE
TakaMaka presents itself in all respects as Blockchain 3.0
In Takamaka the barrier of entry is significantly lowered, since developers do not have to learn a new programming language to create contracts.
Takamaka stands to fully cater to the B2B sphere and beyond, consistently breaking down any learning issues and any barriers to the number of developers and enterprises interested in starting their own business models in the Blockchain world.
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Medium: https://medium.com/takamaka
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Independent researcher and consultant, Tech Writer at Blockchain Technology. From Italy