Laser to Facilitate Blockchain Interoperability with Enhanced Hash Power & Service Nodes
Laser Set to Facilitate Blockchain Interoperability With Its Enhanced Hash Power & Service Nodes Infrastructure
The Blockchain development arena has seen new features added to various platforms to improve the services and ecosystem infrastructure since the inception of BTC network back in 2009. Laser is a blockchain-oriented firm that targets to solve the P2P inefficiency between blockchain platforms.
This blockchain start-up links platforms with each other, its progress points towards a soon to be launched inter-platform transaction protocol. As it stands, blockchain networks rely on cross-chains to be integrated but Laser will soon change the narrative if successful.
Laser’s blockchain interoperability concept has been boosted by increased hash power and better service nodes within its founding firm ‘Global Blockchain Mining Corp (GBMC)’. Service nodes play an important role within the Laser network in enabling consensus computations for efficient service delivery. It therefore follows that GBMC should be highly committed in operating the service nodes.
Today, the GBMC firm enjoys a top tier ranking amongst the altcoin mining entities that have acquired a public listing. It also claims the capacity of leading in the development of the Laser project. In order to succeed, GBMC’s commitment in gathering resourceful data to improve computing capacity is at its forefront objectives. This will in turn improve the service nodes functionality & enhance mining activities within the Laser platform.
The Laser project is geared towards creating a market place that all blockchain network users can communicate regardless of whether they are on the same platforms. This will link a good number of crypto coins through the ‘same language’ criteria which fuels the interoperability idea by Laser.
Laser will use an overlay protocol built on its platform; service nodes will then enhance transaction speeds via instant approvals as opposed to the current time spans.
Users who might want to operate Service Nodes based on the Laser blockchain network will require the platform’s native tokens ‘Photon’. In addition, their stake position is only guaranteed only if they engage in best practices by approving valid transactions. The GBMC Service Node ownership stands at 30% which has been attributed to the firm’s operations as a business entity in crypto.
Private & Anonymous Oriented
Cryptocurrency users have shown a tendency towards private coins in a bid to transact anonymously. The service nodes serve the purpose well given pseudo-confirmations are possible within the Laser network. It can confirm the validity of transactions within seconds if no negative confirmations are detected.
Users can also choose to operate anonymously by hiding their transaction history in multiple coin transactions making it hard to trace.
Laser President & CEO, Shidan Gouran is an early crypto mining community member having acquired his first mined BTC back in2010. Other companies he is associated with include Global Blockchain Technologies where he is a co-founder.