One of the leading Web3 solutions providers, Cube Chain, rolled out its latest product—a high-performance mainnet, the Cube Mainnet.
The new product is one of Cube Chain’s few blockchain technologies accessible to the public. It is also known as the “public mainnet” because it is designed for mass use and adoption.
Introducing the Cube Chain
The Cube Chain is a high-level and scalable Layer-1 chain designed for the public. The protocol is multi-dimensional and can support both multi-chain and cross-chain systems. Additionally, it is compatible with the Cosmos ecosystem and EVM, which gives it a different use case.
Moreover, Cube is an active player in developing decentralized protocols and Web3 structures. Cube is somewhat similar to some public chain protocols like Ethereum and Polkadot. The Chain Cube aims to proffer solutions to the much-talked-about blockchain trilemma.
The blockchain trilemma is a widely held opinion that decentralized platforms can only provide fewer inputs at a given time. They provide little benefits in terms of decentralization, scalability, and security.
Blockchain Technology is Driving Demand for Public Chains
Over the years, the application of blockchain technology to sectors like DeFi, NFT, and GameFi has exploded. As a result, there is a growing market demand for high performance, security, and scalability for public chains.
Meanwhile, Cube Chain is committed to fulfilling the three market needs for public chains, and the feedback from the market shows a likely success ahead. After launching its testnet on May 25, the volume of transactions has surpassed 1.7 million.
Additionally, Cube’s platform’s combined total of addresses is now over 134,000, a remarkable market feat.
Furthermore, a string of next-generation structures positions Cube Chain in the driver’s seat to work out the blockchain trilemma. More importantly, Cube is also determined to meet the competing demands of the blockchain industry in the coming years.
Cube’s Remarkable Systems
Cube Chain has a critical factor that systematically splits the workings of the blockchain to boost security, scalability, and performance. The protocol has an execution layer to execute transactions via a Validium-based solution – the ZK Rollup.
Cube Chain adopts a settlement layer compatible with Ethereum protocols and EVM in terms of system consensus. Moreover, Cube also permits a high-level consensus protocol that supports public node participation most of the time.
Cube Chain has readily available raw data storage that operators can use for transactions. It has a system that permits mass data sharing alongside the data sampling and validation process. This is to provide efficient and reliable data storage services.
Cube Chain previously relied on external data storage for NFT and Rollup applications. However, the new data processing system ensures that data management is now seamless and efficient.
In addition, Cube has already created a decentralized cross-chain communication platform dubbed “Time Crossing.” The new decentralized communication protocol is to support cross-chain decentralized finance contracts.
Meanwhile, the CEO of Cube, Jake Stolarski, noted that Cube would continue its ongoing drive to develop its chains with the future in mind.