![]() Such forward-looking information reflects management's current beliefs and is based on information currently available to management. ![]() All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. George Tsafalas - Ivy Lu Investor Relations Telephone: Toll-Free (877) 806-CODE (2633) or 1 (778) 806-5150 E-mail: the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.Ĭertain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. We invest early, support those innovators, help take their ideas to market, and work tirelessly to help them realize their vision. We seek the innovators who are establishing tomorrow's standards. invests early in great ideas in sectors that have significant upside. We are investigating the most favourable approach, and considering all regulatory requirements toward an offering of between 5% - 10% of planned coins to eligible investors in the first coin offering."įor more information on Arcology, please visit the website at Ĭodebase Ventures Inc. "Currently, on our roadmap, we are anticipating that the first coin offering would take place prior to the Mainnet going live in the coming months. "As the Arcology team continues to push steadily on the technical side, we are investigating all aspects of a coin offering as a major step in our future," said Mr. The coin holders are entitled to take a certain percentage out of transaction fees Users pay transaction fees for using the platform when the Mainnet is live.Īpplication developers would deploy their dAPPs on Arcology and earn a profitĪrcology coins would enable the holders to participate in the platform governance The Arcology coins serve some key roles for the network to work properly, including: Arcology Network is a permission-less platform like Bitcoin or Ethereum, while Arcology Enterprise is targeting enterprise users requiring specific privacy features."Īrcology's coins are the native currency of the Arcology network, which mediate all the transactions happening on the platform. Arcology's landscape consists of two independent and standalone platforms named Arcology Network (public) and Arcology Enterprise (private), which based on the same technology core. "Arcology is designed as a platform for both public and private blockchains," says Arcology Founder and CEO, Mr. Arcology has shown excellent compatibility with Ethereum. The Smart contracts used in the test were written in native Solidity, which is the Ethereum programming language for developer applications on Ethereum network. Preliminary results show TPS of 33,602 on a cluster of 12 machines running complex smart contracts, not simple money transfer)Īrcology withstood a very high workload for a prolonged period of time. (The TPS varies depends on number of machines used, the more the faster, which is a unique feature for Arcology. Highly scalable: With a cluster of commodity computers Arcology has achieved very high results with 33,602 transactions per second (TPS) running complex smart contracts. Noting that scalability is single biggest obstacle of blockchain based systems, Arcology demonstrated significant capabilities on this front including: ("Codebase" or the "Company") ( CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is excited to announce that the Company's holding, Arcology, a cluster-computing powered AI blockchain ecosystem with unlimited scalability, is exploring a potential coin offering, following the results of its first Testnet where the Arcology team achieved major product development milestonesĪ coin offering is a natural step to add to the Arcology roadmap based on the success of the first Arcology Testnet. Top Battery Metals Stocks on the TSX and TSXVĪRCOLOGY NETWORK ACHIEVES MAJOR TECHNICAL MILESTONES TOWARD POTENTIAL COIN OFFERINGĬodebase Ventures Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |