CarLive Chain MainNet Officially Lanches

CarLive Chain public chain mainnet officially launched on July18, 2019, Singapore.      

The version number of launched mainnet is Hopes 1.0. According to the technical paper, the mainnet has completed the functional development and deployment of CarLive Chain foundation infrastructure chain. AUH Foundation announced that Hopes 1.0 reflected the characteristics of flexible application, high throughput processing, ecological application autonomy, and focus on industry application, which can support the multi-scenario use for Smart IoV Community and meet the car consumption of $2 trillion scale market, and 1.3 billion car users block chain application scenario.

To improve scalability and meet the needs of high performance trading, CarLive Chain not only adopts the DPOS on the infrastructure chain, but also provides a customizable DPOS in the application chain. On the application framework, CarLive Chain classifies transactions, and distinguishes them by two tag bits: "transaction class number" and " transaction model",the platform will package the same type of transaction, enabling the platform to process different types of transaction data in parallel to meet the commercial needs of large-scale applications. Such an application-level transaction classification would enable nodes to process different classes of transactions in parallel to meet the commercial needs of large-scale applications. Meanwhile, the infrastructure chain turns cross-chain transactions between different application chains into reality by setting up a cross-chain trading state machine.

 

According to disclosed technical white paper, CarLive Chain will be divided into five major technical stages for development on the technical route: Newborn phase,Hopes phase,Discovery phase,Beyond phase and Freedom phase. The successful launch of the mainnet means that  CarLive Chain has completed the basic deployment of the Newborn phase and officially entered the Hopes phase. AUH Foundation announced that it will providericher and more toolkit and application framework for IoV decentralized applications development. More engineers are welcome to join the “Hopes” developer program and participate in CarLive Chain mainnet ecological construction.

 

 


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