User avatar
ZenTehHuiHuang
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 47
Joined: Fri Sep 18, 2020 12:57 pm

The Outbreak of BitCherry Distributed Eco Booming, Leading the Global Public Blockchain Competition Structure

Fri Apr 02, 2021 7:11 am

Image

BitCherry, the world's first scalable blockchain infrastructure based on IPv8 technology to serve distributed commerce. BitCherry, as a distributed commercial public blockchain project, is committed to building an IPv8 blockchain infrastructure that can serve all types of businesses. The hashgraph improved by relational graphs can achieve highly scalable data architecture. It provides operation mechanisms such as smart contract and cross chain consensus and has the ability to quickly build upper-level apps, which can meet various types of business application scenarios. Furthermore, it also provides high-performance, high security and high availability public blockchain support for distributed business applications.
BitCherry shows itself within blockchain trend, continues iterative evolution technically, to solve the problem through a rich application scenario for developers and users, while keep prosperity on the supply and demand sides, BitCherry will also compete in the public chain.

Focusing on Technological Innovation and Technological Advantages Will Continue to Be Remarkable.
One of BitCherry’s visions is to focus on technology leadership. Based on this background, BitCherry has made more breakthroughs in technology, specifically reflected in the new blockchain network protocol, HashGraph data structure and full stack development tools. Therefore, BitCherry’s main technical advantages are high performance, scalability, and privacy security.
The horizontal comparison of representative public chains, Ethereum "go ethereum" as the main blockchain library, and "solidity" as the smart contract platform. With the continuous release of new versions and bug repair, the main network runs stable, but it still faces the problems of insufficient scalability and insufficient efficiency. The consensus mechanism of Neo is DBFT, which generates a block in every 20 seconds. In theory, their TPS transaction can reach about 1000 TPS. It has a certain fault tolerance capability for providing nodes, including security and availability, and is suitable for any network environment. However, with the launching of Ontology, the issues of high-level centralization and lag of development causing NEO node network are suffer from dispute. Lisk has many followers, the developer community is very active, the code submission and version iteration are excellent, but its block browser lacks the disclosure of token assets and related DAPP and other important information on the blockchain. BitCherry’s technical advantages are embodied in that it ensures efficiency, security and stability while decentralizing. It can not only obtain business opportunities from a huge user group, but also ensure the privacy and security of users.
At present, BitCherry’s technological advantages cannot be underestimated. In the future, BitCherry will not replace or exclude on other competitors. Instead, it is about embracing the advantage and filling up the shortcomings. It will continue to achieve technological innovation with an open and inclusive vision, laying a solid foundation for technological innovation and the provision of solutions for openers and users.

The ecological layout has a bright future. Building a complete ecological closed loop
BitCherry actively layout the incubation of blockchain applications, establish an ecological incubation fund, and build a complete ecological closed loop of technology development, application promotion and trading. BitCherry’s future ecology will be the parallel promotion of DeFi, NFT, games and other fields. After the mainnet goes live, it will gradually build up a diversified ecosystem of subdivided fields. BitCherry Distributed Ecology can be seen by comparing with Ethereum, Polkadot Ecosystem, Cosmos and EOS Ecology. Currently, Ethereum has a complete DAPP and DeFi ecology, and the applications built on it are all inclusive. But the disadvantage is that the gas fee is too high for most people to experience. On the other hand, Cosmos mainly focuses on DeFi and decentralized exchanges, but it is difficult to form a complete ecology for public blockchains made with cosmos sdk technology in the future. Polkadot Ecosystem has a public blockchain with complete DeFi scenes, which has certain competitiveness, but the development speed is slow, and many projects are still in the state of testnet. Although DAPP is widely used in EOS Ecology, but it has been plagued by the problems of account resources and centralization.

In terms of the current development stage, BitCherry will provide more incentives and support for ecological projects in the future. By providing technology, funds and resources, BitCherry will hugely promote the construction of ecological system and have greater market potential and development space.

Straight to The Shortcomings of Development Process and Solve the Three Major Problems
Summarizing the product development process, we can see the following three shortcomings:
1. High development cost
2. The cost of getting customers is high (the user's threshold is high)
3. The performance of public chain does not meet the processing speed (throughput, TPS) and scalability of project operation.
BitCherry with its own technical advantages and ecological advantages, gives a creative solution.

First of all, BitCherry uses EVM to provide secure execution link for bytecode of smart contract and supports multi language development of smart contract. At the same time, it is Ethereum Compatible and able to achieve one click migration, which greatly reduces the development cost of developers. Secondly, BitCherry has a large number of users all over the world. BitCherry developers can easily promote their DAPP to BitCherry users. At the same time, BitCherry will cooperate with some enterprises with marketing background to solve the problem of customer acquisition. Finally, in BitCherry system, multichain structure, physical fragmentation technology and cross chain technology can achieve the best of asset flow, information exchange and value interconnection between different blockchain platforms, which is similar to the high-speed channel between different public chains. It can also realize data transmission between different blockchain networks and greatly reduce the transmission cost.


The Explosive Growth of Community and The Acceleration of Global Business
BitCherry, as a growth project, actively deploys community ecology, and the community has achieved explosive growth in less than two years. The global community has more than 1 million fans. The precipitation of nearly one million members is inseparable from the attraction of technological force.
At present, BitCherry’s main communities are distributed in the United States, Russia, China, France, Germany, Japan, Australia, Turkey, Arabia, Dubai, Singapore, Philippines, Vietnam, Nigeria, and other countries in the world.
Relying on the deep technical service background, BitCherry has more than 200 staff development enthusiasts, and these data are still growing. Its contract asset BCHC also relies on BitCherry’s wide application and clear appreciation logic, with covering most of the head exchanges, there are more than 200000 users. In the future, BitCherry project will continue to grow and receive more and more attentions
.
BitCherry’s focus on technological innovation will continue to consolidate the ecological foundation, improve its position in blockchain industry, and continue to take the lead in the industry with confidence. Paying attention to the shortcomings of the industry, striving to solve practical problems and breaking barriers will provide inexhaustible power for the development of technology application. In the future, BitCherry has greater practical value and broad application space, and BitCherry distributed ecology will continue to flourish.

BitCherry Official Website: [url]https://www.bitcherry.io/ [/url]
Twitter: [url]http://bit.ly/BitCherryTwitter[/url]
Telegram: [url]http://bit.ly/BitCherryTelegram [/url]
Discord: [url]http://bit.ly/BitCherryDiscord[/url]

Return to “Development & Technical Discussion”

Who is online

Users browsing this forum: No registered users and 14 guests