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Lamden, the Python-based Blockchain Platform, Releases Community Nodes

By: Get News

Lamden, the Python-based Blockchain Platform, Releases Community Nodes 

Lamden announced the release of community nodes on Testnet. 

According to Lamden, “This is a monumental milestone for Lamden, years in the making.” 

Lamden

Community nodes will help further decentralize the Lamden network, improve stability and create a robust foundation to support the platform’s continued growth. 

Competing blockchains such as Ethereum and Bitcoin enable similar decentralized networks for users. A node on these platforms is essential to validate blockchain transactions. Lamden’s new community nodes help disperse the validation and storage of transactions across the world so that any individual failure won’t impact the overall uptime of the network. 

The Python-Based Blockchain

As described by the team, “Lamden is the first Python-based blockchain platform that makes using and creating the next generation of decentralized applications (dApps) easy for everyone. Lamden is fully open source and built from the ground up to remove technical hurdles and empower developers.” 

Creators can choose to program in Python, or their preferred language, and significantly reduce the time to produce dApps. According to coursera.org, it takes new programmers only two to six months to learn the Python language. A report from ZDNet shows that Python has overtaken Java as the most popular programming language with more than 10 million active developers. 

Developers on Lamden are further incentivized since 90% of each transaction fee is returned to the dApp creator. 

The new community nodes will allow developers to offer users free transactions using a recently developed feature called stamp forwarding. This gives developers and users independence from interacting with traditional centralized exchanges and removes barriers for new users joining the app ecosystem. 

$TAU is the incentive that rewards participants for their efforts within the Lamden network. $TAU has a current supply of 248 million but that continues to shrink over time since 1% of every transaction fee is burned and permanently removed from circulation. 

The first-in first-out, environmentally sustainable transactions democratize network access and are intended to benefit users and developers alike. Everyone is treated as equals – there is no pay to play required to engage with the Lamden network. 

More details on Lamden’s DAO structure and information about the release of community nodes on mainnet can be found at https://lamden.io 

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Company Name: Lamden
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Country: United States
Website: https://lamden.io

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