2 years ago
Only with the close tech, tools, and infrastructure tin we usher successful the Web3-based decentralized aboriginal the satellite needs. Cherry Network was built to bash conscionable that. Here’s how.
From Centralization to Decentralization via Blockchain
The concepts of distributed ledger exertion (DLT) and transparent, auditable transactions secured successful a blockchain person been revolutionary for aggregate reasons. First, they raised the barroom successful presumption of what was imaginable successful the proviso of massively scaled online apps and services. Why should extremity users beryllium restricted by the rules and limits of centralized apps and platforms alternatively of everyone participating connected adjacent terms? Blockchain-based decentralization offers a mode astir this, and helps springiness the powerfulness backmost to the user. Second, this “changing of the guard” and the removal of centralized gatekeepers has opened caller frontiers of worth for innovations and ideas targeted astatine the billions of planetary users who person grown weary of the restrictions, unfettered clout, and unilateral censorship powerfulness of centralized tech powerhouses.
Because of these developments, it is nary wonderment that blockchain-based apps and services person taken the satellite by storm. We present person palmy crypto and blockchain projects operating successful each tract from healthcare, finance, and amusement to governance, education, transportation, and more.
From Web2 to Web3Blockchain’s aboriginal days took spot successful Web2, which was mostly dominated by large, centralized apps and platforms. Think of Apple’s App Store, Google’s Play Store, YouTube, Facebook, and different centralized platforms that boast billions of users but are controlled by centralized entities. With the maturation of the decentralized, user-focused Web3, however, things are changing rapidly. We present person decentralized apps and solutions that tally connected trustless, transparent, and censor-proof astute contracts connecting with decentralized record retention replacing centralized Web2 apps moving connected centralized servers.
This is simply a monumental paradigm displacement that, though occurring slowly, is the inevitable endgame for Web2 apps and services. Once Web3 gains captious wide and each the world’s starring brands, apps, and services migrate to decentralized infrastructures, having the close web backbone and the close tools, incentives, and enactment services successful spot volition beryllium captious to worth creation, profitability, and occurrence Enter Cherry Network
Cherry Network is simply a layer-1 blockchain infrastructure that bridges astute contracts to decentralized record systems. Using the infallible if-else logic of astute contracts, integrating services built connected that logic with decentralized information storage, and gathering an ecosystem of secure, transparent, low-cost, and high-performance products, services, and solutions, Cherry Network is revolutionizing the precise conception of blockchain-based decentralized app development.
Some of the cardinal features of the level see implicit idiosyncratic and developer privacy, decentralized retention of data, and seamless payments integrations, arsenic good arsenic on-chain staking, afloat EVM compatibility, and zero-knowledge rollups (off-chain processing of transactions that are “rolled up” and brought on-chain successful a azygous transaction, reducing cost, congestion, and time). With on-chain throughput of astir 20,000 TPS, aggregate wallet integrations, high-level partnerships, and a bevy of improvement enactment wrong the ecosystem, Cherry Network should rapidly go a captious constituent successful the scenery of Web3-native decentralized applications.
Development TeamCherry boasts a halfway squad with implicit a decennary of acquisition successful the cryptocurrency space. The squad is led by Herman Jacobs, CEO of Cherry Labs, an incubator focused solely connected the Cherry ecosystem, who is liable for overseeing the method and concern broadside of the network.
Partners and ProjectsCherry Network has respective partnerships successful spot with immoderate of the astir high-profile concern firms successful the industry. These see Luben Capital and Shima Capital. There are besides galore breathtaking projects being built retired connected the platform, including Seedling.cm, which is simply a high-growth concern launchpad for retail investing astatine the VC level, Cherish.cx, a implicit contented level for artists and creators that is afloat decentralized and escaped of censorship, and Unigate.finance, which is simply a decentralized protocol for payments and crypto services.
Cherry and the FutureAs the satellite converges connected a decentralized Web3 aboriginal for the internet, we expect to spot an influx of projects, talent, and superior entering this space. Cherry is positioned arsenic an innovative and forward-thinking crypto task that espouses each of the cardinal principles of blockchain and decentralization, similar transparency, solving real-world problems, and creating value. In shunning meme-coin and moon-coin marketing, not focusing connected terms but connected value, and gathering tools and solutions that enactment for everyone, Cherry volition beryllium astatine the forefront of the adjacent tech revolution.
Over the adjacent fewer days and weeks, Cherry volition denote a caller high-level partnership, and the web mainnet volition beryllium launched betwixt June 12 and 14, 2022. Staking volition spell unrecorded 1 week later, and wrong the adjacent fewer weeks dozens of projects volition beryllium utilizing the Cherry Chain arsenic a big of developer tools and resources are built retired for the ecosystem..
Interested successful learning more? Visit https://www.cherry.network/.
English (US) 