MAKING THE BLOCKCHAIN BUSINESS ACCESSIBLE, AFFORDABLE AND EFFICIENT FOR ALL. THIS IS ONLY MADE REAL ON LAMDEN.

in #blockchain7 years ago (edited)

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In January 2009, something massive struck the world whose impact will be felt as long as the internet lasts. That incidence was the creation and introduction of blockchain technology by some anonymous fellow who goes by the name "Satoshi Nakamoto". Ever since the blessing of the blockchain tech hit the net, its application has been marvelous and impressive as we see almost all facets of life on the internet being given one form of spice or another with the blockchain flavour. Chiefly of all usages is the implementation of blockchain in the decentralized banking system online and this move is quite impressive.
But there is a challenge,blockchain application development is unnecessarily hard, partially because of how new the technology is, but also because of certain imposed limitations on the current status quo of how blockchains are used today. It is for these reasons that Lamden was motivated to sprout up and save the day, less persons without this knowledge keep suffering.
WHAT REALLY IS LAMDEN?
The LAMDEN project is one of a kind which has set out on a crusade of change. Change in the modus operandi of the blockchain clime. The diagram below illustrate the Lamden concept.

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As it was said earlier, there is a colossal usage of the blockchain technology especially with the dream of ending the centralised banking and other financial systems of the world. However, these blockchains rely on flawed systems that do not take into account the application of said technologies into the current infrastructure space. As a result, blockchain technology is segregated from the mainstream financial systems, and thus is ironically hindered by achieving its end goal. It is because of this LAMDEN has come to stay!
The LAMDEN Project is an effort to create software development tools that increase the mass adoption of blockchain technology so infrastructure can revolutionize the market systems and cause realistic innovation within the markets. But this will not be as easy as flicking the fingers, for certain obstacles which exist in current blockchain system have to be demolished. Some of these challenges are; some of the software developed by Lamden are seen below.
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  1. High and absurd transaction fees which even rise to as high as a shocking 6% average fee, especially on Bitcoin transactions.
  2. Bloated chains
  3. Low number of transactions per second
  4. Mining and resource efficiency.
  5. Migration, Upgrades, and Future Proofing.. These and many more plague exist to cripple the maximum efficiency of the blockchain technology.
    A BREAKDOWN OF THE LAMDEN PROJECT
    The LAMDEN project is broken up into three sections namely; Saffron, Flora, and Clove, which each add a layer to end goal of providing hyperfast blockchains for developer to test, experiment, and deploy across a network of other blockchain systems.
    Flora- this is a central repository for smart contract packages and templates, private chain naming services, and blockchain discovery.
    Saffron- is the generator tool to deploy private chains on an internal network without any hassle.
    Clove- is the network that handles payment channel swap processes between chains and facilitates communication between blockchain apps on the network in a way that remains trustless and decentralized.
    LAMDEN TOKEN SALE
    The Lamden Project will be funded by a Token Distribution Event (Token Scattering) of the Lamden Tau. These Lamden Tau will be available for purchase on the Ethereum main chain in the form of an ERC20 token. The said Lamden Tau will then be available for swapping onto the Lamden chain during a ceremonious process which signifies the milestone achievement of chain-to-chain communication on Clove. Further detailing on the Token Scattering Event is included in organizational documents. You have to take note of the information below on token sales.
    Registration period begins October 27th.Token Presale has already begun on October 27th.Token Sale begins mid December and will not be announced until 24 hours prior in order to mitigate phishing attempts. No purchase cap for presale. Equal, individually-assigned purchase cap for all registrants during Token Sale.

Want to know more about this whole token investment and timing , then do not fail to click here www.lamden.com You can follow us in the social media.
https://twitter.com/LamdenTau/
https://web.facebook.com/LamdenTau/?_rdc=1&_rdr
https://t.me/lamdenchat

Authored By: https://bitcointalk.org/index.php?action=profile;u=1156227

Wallet Address: 0x5fAcAaDD40AE912Dccf963096BCb530c413839EE

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