Layer 1
The Hami Network is a decentralized blockchain platform that is designed to provide a scalable and secure infrastructure for decentralized applications (dApps) and smart contracts. At the core of the Hami Network is its Layer 1 solution, which provides the underlying blockchain infrastructure and consensus mechanism for the network.
Layer 1 is the foundational layer of the Hami Network and is responsible for managing the core blockchain operations, such as verifying transactions, creating new blocks, and maintaining the network's integrity. The Hami Network uses a hybrid consensus mechanism called PoS-COT (Proof of Stake-Consensus of Tartaglia) to ensure the security and reliability of its Layer 1 solution.
The Hami Network Layer 1 solution is designed to be highly scalable, enabling it to process a high volume of transactions per second. It also provides support for smart contracts and dApps, allowing developers to create and deploy decentralized applications on the network.
One of the key features of the Hami Network Layer 1 solution is its ability to support interoperability between different blockchain networks. This enables users to transfer digital assets between different blockchain networks seamlessly.
As a work in progress, the Hami Network Layer 1 solution is constantly being improved and refined to ensure it provides the best possible blockchain infrastructure for decentralized applications and smart contracts. The Hami Network team is also working on integrating the Layer 1 solution with stable currencies to provide a more stable and reliable digital asset ecosystem.
In summary, the Hami Network Layer 1 solution is a scalable and secure blockchain infrastructure that provides the foundation for the network's decentralized applications and smart contracts. Its hybrid consensus mechanism and support for interoperability make it a cutting-edge solution for the blockchain industry.