The inception of the Sharding technology gives way to the highest level of scalability for a cryptocurrency. In sharding, the blockchain can be split into different shards, each of which has its own unique set of data and identities. The Graphene project takes the sharding technology that has the potential to revolutionize the blockchain and…
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Decentralized blockchain platform Phore has come a long way in its journey of offering secure, flexible, and scalable blockchain solutions to users. To expand the platform capabilities further, the Phore community has decided to implement the new sharding infrastructure under the Synapse update. The implementation of the smart contract-based sharding infrastructure will offer nearly infinite…
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Phore conducts its operations on the Synapse architecture. Synapse is going to streamline the concept of conducting multiple transactions on different blockchains with sharding, simultaneously. Such transactional scalability and accessibility are unlikely to be seen with other cryptocurrency exchanges. Everything is transparent and run by the community. Even though the concept of DeFi got its…
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