ARCHEthic Blockchain Continues to Run Smoothly since Mainnet Launch

Posted by Dinesh Kumar on November 26th, 2021

Paris, France, November 26, 2021 -- Following 4 years of research and period of development, ARCHEthic Mainnet Beta launched on the 30th of June, 2021. The testnet which was launched this year will run simultaneously with the mainnet on the same infrastructure. The launch has set the ball rolling for ARCHEthic whose mission is to solve the impending challenges rocking the blockchain sector.

ARCHEthic is a decentralized consensus protocol blockchain built from the ground up, designed with cutting-edge technology to stay ahead of other blockchains in terms of scalability, security, sustainability, and simplicity.

Commenting on the significance of the launch, the ARCHEthic team stated that: “We have been patient and transparent in our approach, we have taken the time to get academic validation of research concepts, building and testing the ARCHEthic Blockchain protocol before making a foray into the market. Today with the launch of our Mainnet Beta, we are confident about offering true value to the community.”

Since blockchain has become a revolutionary technology, the growth and adoption of the technology have maintained an upward trajectory. With a cumulative annual growth rate (CAGR) of 56.9%, the global blockchain industry is predicted to hit .7 billion by 2026, up from .0 billion in 2021. This giant growth rate is a testament to the widespread adoption occurring at break-neck speed.

With ARCHEthic, you can access your identity but no one owns it. The security and threat issues that centralized systems pose helped us realize that self-sovereign identity is needed now more than ever. An Open Source autonomous & Decentralized network in the hands of the world population created by the people, for the people.