Alterna Network: A Layer-1 Blockchain Platform is paving the way for a new era in cryptocurrency
London, United Kingdom, May 21, 2023 /AlexaBlockchain/ – Alterna Network, a Layer-1 blockchain platform aiming to revolutionize the industry, has announced the official launch of its groundbreaking platform. With a strong emphasis on independence, security, speed and cost-effectiveness, the Alterna Network is poised to reshape the landscape of cryptocurrency and blockchain applications worldwide. This momentous occasion marks the beginning of a new era in decentralized finance.
As a Layer-1 blockchain, the Alterna Network operates independently, eliminating the need to rely on external networks. Transactions on the platform are completed when consensus is reached among validators, which ensures their validity and irreversibility. This unique approach allows users to interact with the platform freely and diversely, promoting a truly decentralized ecosystem.
One of the main strengths of the Alterna Network lies in its vibrant and enthusiastic community, which has actively engaged through various social media platforms. The official Alterna Network website serves as a valuable resource, providing users with important information and a link to the platform’s rapidly growing Telegram group. The community shares a strong belief in the importance of a blockchain platform that promotes innovation, that makes transactions and application development seamless.
Transparency and security are at the core of Alterna Network’s principles. Every transaction processed on the network is visible to all users at the same time, which ensures accountability and minimizes the likelihood of fraudulent activities. By embracing this transparent approach, Alterna Network cultivates trust within the network and enables easy tracking and verification of all transactions.
Alterna Network stands out by prioritizing lightning-fast transaction speeds. The platform incorporates a Layer-2 solution directly into its Layer-1 infrastructure, working with experienced blockchain experts to achieve stability in transaction speeds. With an ambitious goal of surpassing transaction throughput benchmarks set by industry leaders such as Ethereum and Solana, Alterna Network aims to achieve an impressive 3.5 million transactions per second (TPS). This ground-breaking capability will facilitate fast and efficient blockchain interactions, opening up new opportunities for users.
Despite its focus on high transaction speeds, Alterna Network remains committed to maintaining stable and reasonable gas fees for all users. By prioritizing affordability, the platform ensures that users can benefit from improved transaction speeds without incurring exorbitant fees, making it an attractive option for blockchain enthusiasts and businesses alike.
To foster ongoing innovation and ensure the growth of the Alterna network, the platform encourages participation from a diverse pool of validators. Anyone can become a validator by holding or betting 0.1% of the total supply. This inclusive approach empowers community members to actively shape the future of the Alterna Network, fostering a decentralized and collaborative ecosystem.
With its independent operation, high security standards, lightning-fast transaction speeds, cost-effective gas fees and community-driven initiatives, the Alterna Network stands as a powerful Layer-1 blockchain, empowering users and opening up new opportunities for advancement in cryptocurrency and blockchain-based applications. Backed by its dedicated community and commitment to excellence, Alterna Network is poised to make a lasting impact in the blockchain world and propel the industry forward into a new era of decentralization.
For more information on the Alterna Network, please visit
About Alterna Network
Alterna Network is a Layer-1 blockchain platform that operates independently, providing security, speed and cost-effectiveness for users worldwide. With a strong emphasis on community-driven innovation, Alterna Network aims to revolutionize the cryptocurrency and blockchain industry. For more information, visit.
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