Hello everyone, we are representing ArchEthic project which is our next-gen Layer-1 public blockchain completely written in Elixir/Erlang and supports multiple Web3 features.
Fast transaction processing (> 1M tps)
Lower energy consumption than other blockchain (3.6 Billion times less energy consumption than Bitcoin)
Designed for the highest level of security (ARCH consensus can handle upto 90% of maliciousness)
Adaptive cryptographic algorithms (quantum resistant)
Decentralized Identity and Self Sovereign Identity
Smart contract platform powered by a built-in interpreter
Strong scalability with geo secured sharding
Soft-Real-Time P2P view with supervised networking
Our goal is to create the most energy efficient, resource friendly Layer-1 public blockchain focusing on multiple Web3 features like decentralised identity, on-chain governance etc. We are already listed in multiple exchanges (UCO).
Entire ArchEthic node codebase and other ArchEthic projects are fully open source and can be found here.
ArchEthic node project - https://github.com/archethic-foundation/archethic-node
ArchEthic Snap project - https://github.com/archethic-foundation/archethic-snap
Upon careful consideration we have finalised Snap as our preferred packaging solution and distribution. We follow standard agile methodologies so our release cadence is very high especially for our ArchEthic node codebase.
Right now our snap package is private but we are aiming for public release as early as next week. We have devised a release strategy that will be essential for our use case. We want to implement the following for the same.
ArchEthic Snap project is composed of 2 git branches.
- master - This branch pulls from the master branch of ArchEthic node project and has all the network configurations required to join ArchEthic mainnet. We use this branch to build ArchEthic snap that will be available in our “mainnet” track. This track will be the default track for our snap.
Mainnet users can install our latest updates by running:
sudo snap install archethic
mainnet/stable will be the default channel, we don’t need to pass any extra flag.
- testnet - This branch pulls from the testnet branch of ArchEthic node project and has all the network configuration required to join ArchEthic testnet that is different from mainnet configuration. This will usually have a greater version than the mainnet. We use this branch to build ArchEthic snap that will be available in our “testnet” track.
Testnet users can install our latest updates by running:
sudo snap install archethic --channel=testnet/stable
We want to request 2 things from the snap store architects in order to implement our release strategy to its full extent.
We want a new
testnettrack to be added for our
archethicsnap. This testnet track will contain the version of snap that is compatible to join our testnet. We will also test out new ArchEthic node versions in testnet that may be merged to the master branch in future and eventually made available in mainnet.
We want the current default track as
mainnetsince we really do not have any use case for the “latest” track. Furthermore we have designed our user journey so that people can join the ArchEthic mainnet by default without any need of extra flags.