Web3 and Layer1 Network DeSo Announce the Release of Version 2.0
According to reports, the Web3 social layer and Layer1 network DeSo have announced the upcoming release of version 2.0. Currently, the proof of interest system Revolution has been
According to reports, the Web3 social layer and Layer1 network DeSo have announced the upcoming release of version 2.0. Currently, the proof of interest system Revolution has been announced. In addition, there are updates such as Production Fast-Hotstuff, Sovereign Pledge, Liquid Bonding, and Collaborative.
Web3 social layer DeSo will launch version 2.0
The Web3 social layer and Layer1 network DeSo have recently announced the upcoming release of version 2.0. This new release is set to bring a range of exciting updates and features to DeSo, including the proof of interest system Revolution, Production Fast-Hotstuff, Sovereign Pledge, Liquid Bonding, and Collaborative.
What is Web3 Social Layer?
Web3, also known as the decentralized web, is an exciting new technology that aims to revolutionize the internet as we know it. The Web3 social layer is a decentralized social platform that allows individuals to own and control their own data, rather than relying on centralized platforms such as Facebook or Twitter.
What is Layer1 Network DeSo?
Layer1 network DeSo is a blockchain-based platform that is focused on creating decentralized applications and services. DeSo is built on a unique blockchain architecture that allows for faster transaction times, lower fees, and increased scalability.
Proof of Interest System Revolution
The proof of interest system Revolution is one of the most exciting updates coming to DeSo version 2.0. This new system allows users to earn rewards by staking their DeSo tokens and participating in network governance. The more tokens a user stakes, the more influence they gain over the network’s decision-making processes.
Production Fast-Hotstuff
Production Fast-Hotstuff is a new consensus algorithm that is being implemented in DeSo version 2.0. This algorithm is designed to allow for faster transaction times and greater scalability, making DeSo even more efficient and user-friendly.
Sovereign Pledge
Sovereign Pledge is a new feature that allows users to “pledge” their support to specific causes or initiatives on the DeSo platform. This feature is designed to create a more community-driven approach to decision-making and governance on the platform.
Liquid Bonding
Liquid Bonding is a new liquidity provision mechanism that will allow users to provide liquidity for specific DeSo tokens. This feature is designed to foster greater adoption of DeSo and increase overall liquidity on the platform.
Collaborative
Collaborative is a new feature that is designed to streamline and simplify the process of creating and launching decentralized applications on the DeSo platform. This feature will allow developers to collaborate more easily and will reduce the time and resources required to bring new applications to market.
In conclusion, the upcoming release of DeSo version 2.0 is set to bring a range of exciting updates and features to the platform. With the introduction of the proof of interest system Revolution, Production Fast-Hotstuff, Sovereign Pledge, Liquid Bonding, and Collaborative, DeSo is sure to become even more efficient, user-friendly, and community-driven.
FAQs
Q: What is DeSo?
A: DeSo is a blockchain-based platform that is focused on creating decentralized applications and services.
Q: What is the Web3 Social Layer?
A: The Web3 social layer is a decentralized social platform that allows individuals to own and control their own data.
Q: What is the Proof of Interest system Revolution?
A: The proof of interest system Revolution is a new system in DeSo version 2.0 that allows users to earn rewards by staking their DeSo tokens and participating in network governance.
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