Subspace Description
Subspace represents a cutting-edge fourth-generation blockchain aimed at empowering the next generation of cryptocurrency innovators. It replaces traditional energy-draining mining and costly staking methods with an innovative approach centered around disk-based farming. By utilizing essential academic findings, we tackle the blockchain trilemma effectively, ensuring that security and decentralization are never compromised. Our system archives the entire history of the blockchain ecosystem, facilitating seamless, secure, and trustless connections between different networks. Unique historical segments are stored by farmers, enabling the blockchain to expand without compromising its decentralized nature. Executors are responsible for processing smart contracts and maintaining the blockchain’s state, thus ensuring that farming remains efficient and decentralized. Crafted from fundamental principles to prioritize maximum decentralization, community participation, and governance on-chain, our initiative seeks to strengthen the entirety of the ecosystem. Furthermore, we are committed to supporting every block across the Polkadot and Kusama Networks, reinforcing our role as a public good dedicated to the advancement of the broader blockchain community.
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