All-in-One Blockchain Solution
Developer Friendly Blockchain
We are developing ecosystem which consists of registering and managing DApps, on top of our core blockchain application platform. Your step is to involve creating a beautifully designed interface with an exceptional user experience which will help alot of Business to be there backbone and single point of Authentication for any type of need, as one stop shop. Each dapp will run on a separate sidechain. Easily code and deploy the side chain dapps using PLAAK SDS. Each Dapp will optionally have their own token.
Phaeton main chain is the blockchain that will secure all of the side chains and process their transactions. The side chains has checkpoints with the main chain for transferring data bi-directionally. Mainchain has highly scalable block size to process a range of transactions. Mainchain is run by delegate nodes, which go through a delegate round through which one of the delegates get a chance of adding their blocks to the main chain. Each addition of a block accompanies validation by other nodes. The DPOS consensus allows the master nodes to stake PLKX & get the profit in return by voting for delegates. The main chain is a consortium blockchain where the master nodes system is public and allows free vote in a federative model.
Sidechaining is actually a coin at our platform that allows user to use cryptocurrencies at different DAPS in ecosystem. To get the most out of your sidechain, integrate coin, so it can be used to pay for the side chain functionalities and associated fees. Your community will also benefit from your cryptocurrencies, no longer needing to hold multiple tokens or cryptocurrencies to use the sidechain you’ve been working so hard on. The Sidechain nodes earn PLKX & the other sidechain tokens on verifying their blocks as a part of SVN consensus.
SVN is a consensus designed by PLAAK which increases the security,volume, scalability and profitability of running a side chain node. The SVN uses directional validation for verifying the sidechain blocks to prevent side chain frauds. This model allows the sidechain nodes to earn PLKX & the other side chain tokens by validating other SC blocks. PLAAK confirms with this approach it can easily reach the 1mil tps without using multiple layers.
Why Plaak Phaeton?
Highly scalable enterprise consortium blockchain
PLAAK incorporates the best of blockchain technology in easy-to-use applications to allow people to take
advantage of blockchain technology.
Plaak Phaeton Solutions
On the Plaak Phaeton platform you can create and execute decentralized
applications with any specific features of your business.
Storing everything in blockchain is the simplest solution. Currently most of the simple decentralized applications work exactly this way. The immutability is the strength of blockchain that gives it high robustness but it is a weakness for data storage. With PLAAK’s High volume of transactions per second we are making it possible to store all kinds of data.
Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman. Phaeton offers simple to write smart contracts using a JAVA like system.
Issuance of financial assets
Easily create your tokens with a click of a button. Issuance of various financial assets on the blockchain: bonds, obligations, letters of credit, shares, certificates, cryptocurrencies, derivatives, tokens, etc. Also crowdfunding and ICO's. As well as Payments and internal cryptocurrency.
Use Plaak Phaeton API and easily integrate the coin payment gateway on your applications and carry out cross-border payments.
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