Foil Network New breed of elastic blockchains

fvb222 (48)in #foilnetwork • 2 years ago

Hello, dear readers of this article. In this review, I will tell you about the Foil Network platform and all its features. In our time, when the technology of cryptocurrencies and everything connected with this concept is experiencing a huge leap, and development is happening at a great speed. New projects appear and others will be implemented in the future because the development of this structure does not stand still, that is, it is constantly updated with new ideas while improving using the shortcomings of past platforms.
There are several types of blockchains, for everyone the most famous is public, that is, public where anyone can see wallets, transactions, blocks in the chain, and so on.
A private blockchain, the name speaks for itself, it has its own rules and, unlike the public one, you must be part of this network when making some settings on your device.
Foil Network is a new network that integrates public and private blockchain algorithms into its developed system. The application of which will improve the quality of use by combining the best properties of both models.

The FOIL network is built in Java and is a 5th generation blockchain generated by storage on its chain.
The network defines the solution by combining many useful and secure features such as scalability, decentralization, security, transaction speed, and more. The platform positions itself as a corporate blockchain, that is, a set of decentralized services with multifunctionality, accessibility, efficiency and offers users several tools with access to applications integrated into your gadgets. Create a wallet on the Foil Network and take advantage of all the advanced features of an app compatible with centralized and decentralized platforms.

In this article, I just wanted to introduce you to the platform, tell you what it is and how it works. I did not specifically use technical terms to convey the meaning of the company's development in an understandable language, and if you wish, you can familiarize yourself with the technical documentation on the official website of the project. All links are below. Subsequently, in the following articles, I will analyze the site options in more detail and introduce you to the news and new offers from the Foil Network.