Calimero Network Launches Blockchain Framework for Enterprise Sharding

03/05/2023 05:18 • Crypto & Markets • 74 views

On March 5, the private sharding network Calimero Network announced the launch of a blockchain framework based on the Near protocol. At present, it has launched a beta test. The framework supports enterprises to independently build shards, and can modify the sharding performance according to needs, thus maximizing cost efficiency.

Calimero, a private sharded network, launched a blockchain framework based on the Near protocol and launched a beta test

Interpretation of the news:

The Calimero Network, a private sharding network has announced the launch of a new blockchain framework that is based on the Near protocol. The announcement came on March 5th, when the company revealed that the framework is now in beta testing.

The purpose of the framework is to offer enterprises the ability to build shards independently. In doing so, the framework allows for modifying the sharding performance based on the specific needs of the company. This customization enables enterprises to maximize cost efficiency.

Sharding refers to the process of dividing large data sets into smaller chunks called shards. Blockchain networks use sharding to process transactions in parallel across multiple nodes. This division of data makes the network faster, more scalable, and more resilient to cyberattacks.

However, overseeing the process can be complex and costly for companies. This is where the Calimero Network’s blockchain framework comes in. By providing an easy-to-use framework, the company can help enterprises build sharding solutions that are suitable for their needs.

Furthermore, by using the Near protocol, the framework offers a high-performance and low-cost solution. The Near protocol is an open-source decentralized platform that aims to enable developers to build scalable dApps and other blockchain-based solutions.

In summary, this announcement from the Calimero Network is significant because it offers a new, easy-to-use solution for sharding that could provide enterprises of all sizes with greater efficiency and cost-effectiveness. With the ongoing development of blockchain technologies, the demand for sharding solutions is likely to continue to grow, making this new framework an exciting development for the industry.

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