Erachein Platform for creating your own blockchain environment

Main questionnaire: Blockchain

Erachein is a blockchain platform that has a set of functions built into it for business or personal use. Through this platform, a third-party blockchain environment (sidechain) is created, located separately from the main block chain. Economically, sidechain is completely independent: all tokens in the system belong only to the creator, who can independently set and distribute their number among the participants. The Erachain platform creates transparency in the actions of employees and partners, as well as tamper-proof data management.

2022: Blockchain Source Code Publication

The company Erachain on July 12, 2022 announced the publication, source code blockchain which has been developed since 2015.

The platform is developing with the implementation of the concept of built-in functions, services and protocol smart contracts. Thanks to this, the technology architecture reduces the cycle of development of decentralized applications (dApps) and increases the speed of smart contracts. The platform code is written in Java and distributed under the aGPL v3 license. 

Composition of the platform:

The Erachain blockchain architecture consists of 4 elements: the Proof-of-Stake consensus module, the MapDB and RocksDB database interface module, the protocol transaction module for implementing a wide range of functions, and the smart contract module.

The main technology modules: DEX (decentralized exchange), user profiles, statuses, digital assets, entities, documents, forging pool module and others.

You can use Rest API or RPC to integrate with third-party products. The node can be started through the console or GUI (GUI). To run the explorer block, the Jetty web server is used.

Features:

Erachain blockchain technology allows developers to respond more quickly to user needs and organize the continuous release of application updates - the dApps release code will start working from the next block on the network. Which is critical in the GameFi industry. The system of protocol smart contracts retains complete decentralization of the product without backdoors.

Another feature of the architecture is the optimization of application speed. Programs are embedded in a single table of balance sheets and blockchain accounts, without requiring writing your own register of accounting. This reduces the load on the network and computer power when accessing data, and also increases confidence in services. For example, among decentralized exchanges, it is not uncommon to centrally maintain a "glass" of applications. In Erachain technology, DEX is already a built-in smart contract that can be used to make any auction.

Development based on the Erachain platform will increase revenue from dApps. Since the blockchain kernel does not take a commission for executing the code of a smart contract, the developer will fully retain the reward for using the application.

We hope that the opening of the kernel will allow members of the blockchain community - from students who have just begun to learn the technology to companies and startups - to implement the ideas of decentralized projects much faster, as they will be able to do this immediately in the code, and not describe it in a whitepaper. In turn, this will lead to an accelerated pace of development of web 3.0 and help make blockchain more useful for everyone, explained in Erachain.

When working with code, changes are executed in the form of Pull requests, which are reviewed, tested and checked by the assembly before being included in the repository.

2020

Announcing Erachain 5.1 with Digital Document Management

On October 13, 2020, it became known that Erachein, one of the representatives in the development of software based on blockchain technologies, announced the release of version 5.1 of the Erachein blockchain platform. This version of the software will introduce a digital document management function on the platform, reinforced with a digital signature and a digital timestamp, which will achieve an unprecedented level of reliability and security.

This update Erachein 5.1 translates electronic relationships to another level corresponding to the level of the digital economy. EDO on the blockchain is already a digital document flow in which each document is protected by an enhanced digital signature and a digital time stamp, which are provided by a special mathematical processing of documents. The application importance of this platform is especially great for small and medium-sized businesses, for which the use of blockchain functionality in EDO means optimization of labor and financial costs for organizing business processes, and also an unprecedented level of security and trust on the part of customers and business partners, - says Erachein CEO Vasily Litovkin about the platform update.

According to the creators of the platform, the availability and ease of use of blockchain technologies will lead to their larger distribution and applied use in such areas of the digital economy that experts and analysts have not yet guessed.

Erachein 5.1 is a fundamentally different product that allows any person to independently create their own blockchain with a special function of tokenizing their business (sidechain): create accounts, transfers, payments, persons, assets, letters, contract templates, statuses, appointments, voting, internal decentralized commodity exchange, digital prints, etc. Thanks to this product, enterprises will be able to create their own blockchains and experiment with their use in their business without serious financial costs.

Erachein 5.0

On July 6, 2020, Erachein introduced the Erachein 5.0 cross-platform, designed to create its own blockchain environment for everyone, even those who do not have programming skills.

Erachein 5.0 cross-platform designed to create your own blockchain environment for everyone

According to representatives of Erachein, the platform, which has been developed for more than five years, is characterized by performance and potential for further modernization. Erachein 5.0 is a product that allows anyone to independently create their own blockchain without the help of programmers with the function of tokenizing their business (sidechain). Sidechain has all the functionality that the main Erachain chain has: accounts, transfers, payments, persons, assets, letters, contract templates, statuses, appointments, voting, internal decentralized commodity exchange, digital fingerprints, etc. Thanks to this product, enterprises will be able to create their own blockchains and experiment with their use in their business without serious financial costs.

Educational institutions, in turn, will receive an affordable manual for use in the educational process of studying digital technologies, where even a student will be able to create his own blockchain first out of curiosity, then as a game, and ultimately use it for applied purposes, according to Erachein.

Erachein 5.0 Cross Platform

According to the creators of Erachein 5.0, the availability and ease of creating and using blockchain technology will lead to their wider distribution and applied use in areas and areas that no one even suspects exist.

"We hope that Erachein 5.0 will be a good start for programmers who can create their own projects using the platform, attract investments and open up new opportunities for doing business in the field of blockchain and tokenization. I am sure that the blockchain technology industry will appreciate our development and its applied importance for the development of the digital goods market, which analysts predict the next round of growth, " noted Vasily Litovkin, CEO of Erachein