Delegated Asynchronous Proof of Stake (DAPoS) Blockchain By Dispatch Labs And Bright Apps Partnership
Bright Apps is a company that primarily works to develop software, but they are venturing into something a little more complex. With a new partnership between themselves and blockchain startup Dispatch Labs, progress on a blockchain protocol and ecosystem is in the works for enterprise-level users. The whole program will be primarily centered around an algorithm called the Delegated Asynchronous Proof of Stake (DAPoS).
The decision to combine the concept of business logic with this blockchain is a first for Dispatch Labs and the rest of the world. This innovation will use smart contracts on-chain for larger data collections, while hosting off-chain storage for application data as well. Since the whole thing is based on DAPoS, thousands of transactions can take place every second. However, there is no need to employ high amounts of energy, which means that users will pay less in fees, while preserving the environment simultaneously.
Bright Apps already has the technology necessary to help with the launch of the public test network for Dispatch Labs and has even assisted in the launch of mobile apps in the last few months. The entire main network should be available by the end of the year.
Zane Witherspoon, the co-founder, CTO, and inventor of DAPoS, said,
“Bright Apps has already played an invaluable role in our development efforts at Dispatch. We truly couldn’t have gotten to the stage we’re at now without Bright Apps. We’re elated to be working with them through the launch of our MainNet and beyond.”
With the engineering that Bright Apps offers and the tech team of Dispatch, this move could easily mean the next step in how blockchain evolves. One of the other aspects of their collaboration will for Dispatch to bring in new third-party developers to add application to the platform.
This unique solution for the blockchain industry eliminates the scalability that has consistently been an issue for other ecosystems, and the DAPoS algorithm, is enough to push the scalability even further. In fact, the performance could easily exceed that of the Ethereum and Bitcoin transactions per second.