Blockcast.cc, a leading blockchain media company will be hosting Cherry Network for an AMA “Ask Me Anything” session on 9 December 2021, 8.00 pm Singapore time on Telegram Channel, Asia Blockchain Community (https://t.me/Blockcastcommunity).
One of the most pressing examples of where cryptocurrencies must improve is file management. Smart contracts, DeFi, NFTs, and other advanced applications of blockchain tech often need to write data somewhere and then read it at a later date. The gap between a blockchain itself and where the files are stored is where problems arise; currently, developers store files in trusted architectures or rely on oracle services, which add a layer of trust between users and the blockchain, and tend to slow down the entire process.
Cherry has designed a solution that upholds the principles of decentralized, trustless operations without compromising security, speed, and performance. Cherry combines cutting edge cryptographic paradigms and advanced peer-to-peer networking and file distribution protocols to produce a novel base-layer infrastructure for the decentralized internet.”
These advances enable developers to expand and extend the file management capabilities of their smart contracts and other blockchain applications with Cherry. This solution improves existing cumbersome solutions and introduces the opportunity of entirely new complex data structures such as radices and databases.
“A little over a year ago, we identified a gap in the Web3 stack for distributed file storage. Fast forward to today, Cherry’s team is funded and hard at work developing an advanced toolkit essential to the dApp landscape of the future. We expect to open-source our code and release our network by the end of 2021. Through grants and incubation programs, the Cherry team, furthermore, aims to onboard over 100 projects within a year from launch, and bring the entire Web3 space one step closer to worldwide adoption.”Herman Jacobs
Co-Founder & CEO, Cherry Network said.
The Cherry Chain is a powerful proof-of-stake blockchain that can handle the demands of sophisticated dApps with transaction throughput capabilities rivalling the leading platforms. Developers building on it from the Cherry ecosystem, a thriving community of founders and creators pulsating with innovation and new and exciting projects. The Cherry team actively encourages a range of projects to build on and leverage Cherry’s core functionalities through investments and grants.
The success of this Ecosystem will depend entirely on the quantity and quality of projects that build on it. Promisingly, Cherry has already attracted the interest of over 40 dApp projects committed to using Cherry’s innovations to expand how they manage their files and content.
The Asia Blockchain Community (ABC) is a community based and run by volunteers in Asia. ABC understands the market well and is supported by a panel of blockchain and crypto experts and influencers. The community has hosted more than 50 projects in recent months.
More information can be found at https://blog.cherry.network/.
