Alitas (ALT) news

What is Alitas (ALT)?

Alitas is a cutting-edge infrastructure for value networks that focuses on creating new and trustworthy network protocols. Its main goal is to offer users across the globe a convenient, efficient, secure, and stable deployment environment. Alitas' architecture is designed to ensure complete decentralization and achieve a remarkable transaction per second (TPS) rate of over 30,000 per second.

How does Alitas (ALT) Work?

Alitas is a network infrastructure that focuses on creating new and trustworthy network protocols. Their goal is to provide users with a convenient, efficient, secure, and stable deployment environment. The structure aims to help network nodes obtain legal transaction references and achieve complete decentralization. The network allows every participant to trade and participate actively in consensus.

Alitas has an offline network that aims to provide cross-chain protocols through a Layer 2 or sidechains. The second layer of a data link layer called Open Systems Interconnection (OSI) is encoded and decoded into actual bits.

Alitas has a feature called the Star Drop Effect, which aims to obtain transaction legitimacy and achieve high security of transaction privacy. The platform is wholly integrated with cloud computing, big data, artificial intelligence, 5G, and other technologies due to its open ecology. Alitas also aims to connect to other blockchain networks seamlessly.

Alitas has a high throughput, as the on-chain transaction of TPS can reach 20,000. The fault tolerance of Alitas reaches up to 99.99%, which aims to reflect the high-security system of the platform. The scalability of the system can be adjusted through a scalable second-tier network.

What is the ALT Token?

ALT is a token that adheres to the BEP-20 standards on the Binance Smart Chain. BEP-20 is an extension of the widely used Ethereum token standard, ERC-20.