• BlackFort, a Layer-1 blockchain, launched its mainnet at the end of January 2023.
• The network has already got close to 10,000 daily transactions and gathered over 60,000 delegators from over 180 countries.
• With an average block time of 5 seconds, the BlackFort network has already reached over half a million validated blocks and more than 50,000 validated transactions.
BlackFort Layer 1 Blockchain Is Live on Mainnet
Bringing Innovation to a New Level
BlackFort launched its layer 1 blockchain mainnet at the end of January 2023 in order to provide and even redefine transparency, scalability and speed for its users. Since then it has seen close to 10,000 daily transactions with over 60,000 delegators from over 180 countries joining the network. It proves that BlackFort’s network is well-distributed and reliable with an average block time of 5 seconds having already reached over half a million blocks and more than 50,000 validated transactions so far.
Proof-of-Staked-Authority Driven Smartchain
BlackFort is driven by POSA (Proof-of-Staked-Authority) which enables it to reduce energy consumption and eliminates the need for expensive hardware for validating blocks. The company’s main focus is to provide a secure platform for decentralization through stability, scalability and lowered energy consumption as a Layer 1 blockchain.
Advantages Over Other Blockchains
By using POSA instead of Proof-of-Work (PoW), BlackFort aims to offer advantages such as low energy consumption compared to PoW based networks; lower cost requirements; improved security; increased scalability; faster transaction times; better privacy features through zero knowledge proofs; higher transaction throughputs due to sharding approaches; and shorter block times enabling quicker finality in transactions confirmed on chain.
The Future Ahead
Thanks to BlackFort’s innovative approach with their layer 1 blockchain they are looking into further development opportunities such as introducing cross chain interoperability solutions while also offering staking services that will allow users access liquidity options like lending or collateralized assets management services providing them with additional income streams through staking rewards offered by BXN tokens used on their network .
In conclusion, BlackFort is an innovative layer 1 blockchain that offers decentralization solutions through its POSA technology which allows for reduced energy consumption without compromising performance levels or security standards. By providing faster transaction speeds with enhanced privacy features along with improved scalability solutions it can bring numerous advantages for those looking into adopting their solutions in various use cases scenarios either now or in the near future when other features become available due to further developments .