Cardstack: The Real Form of Decentralization

in #blockchain6 years ago

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Scalability problem occurs when your platform can only supports 1,000 concurrent users, but it needs to support 10,000 users. You will need more than just skillful team to solve your scalability needs.

Even though blockchain technology has gain popularity especially like Bitcoin and Ethereum, but these so-called cryptocurrencies has a consequence of the fact that blocks in the blockchain are having limited megabyte in size. Blocks larger than specified megabyte are automatically rejected by the network as invalid. The scalability problem is creating some impatience in the user experience, which might push users to move from one token to another for their transaction needs.

Blockchain technology has gain popularity due to their wide range of applications in almost all walks of life including finance, industry controls, environmental, health, transportation, IoT, civil infrastructure, science, security and more. But there is still gap in formulation of decentralized Apps (dApps) and its' implementation for mainstream adoption.

List of failures to process transactions in a timely manner could show that blockchain still not ready for mainstream adoption and there are still many significant implementation challenges to be resolved.

Breakthroughs are needed in the foundational layer, such as new consensus algorithms, on-chain scalability, trusted identity schemes, and transactional privacy guaran

Cardstack is an open-source framework and consensus protocol that makes blockchains usable and scalable for the mass market, creating a decentralized software ecosystem that can challenge today’s digital superpowers.

Cardstack’s approach to decentralizaton lets self-sovereign users act as their own hub, so that interactions with applications and services running on networks of different topologies flow through a software stack controlled by the users. Cardstack has 3 powerful features:

  • FRAMEWORK: Cardstack Framework is a comprehensive SDK for building powerful, cohesive blockchain apps. At the core is Cardstack Hub, which orchestrates data and value transfer across multiple blockchains and the cloud.
  • AGGREGATION PROTOCOL: Cardstack-powered dApps can tap into the Tally protocol, which gives dApps the power to perform complex computations to organize large networks of users — such as batching payments, counting votes, and rewarding good work.
  • ECOSYSTEM TOKEN: Developers can monetize their Cardstack- based apps via the smart contracts powered by the Cardstack Token (CARD), an Ethereum-based ERC20 token designed to fairly reward Cardstack- powered communities.

Any business and dApp developers have to know their business niche very well and understand from the very beginning whether their information systems need scalability and Cardstack technology can solve all the biggest problems confronting blockchain. This allows any app to scale quickly while driving greater efficiency and ultimately improve their profitability.

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Blockchain holds the ability to solve most of society's problems, but can generate new issues or require measures that people are unwilling to take. Cardstack is willing to take that measures.

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