HomeCoinsAmbrosus (AMB)The Ambrosus Vision. With AMB-NET being a secure and stable… | by...

The Ambrosus Vision. With AMB-NET being a secure and stable… | by Ambrosus Media | Oct, 2020

- Advertisement -


AMB-NET, now fully functional on its own native token and with more than 500 masternode operators, has matured significantly over the past year: Native Amber, masternode operators, easy access to Hermes, encrypted bundles, a number of open-source SDK’s, and IoT Hardware pieces has made Ambrosus a technically sound blockchain ecosystem. As the development of the core blockchain infrastructure of Ambrosus has remained the focus of the Ambrosus Team, there have been more hurdles and challenges on widespread adoption and industrial implementation.

The current vision paper outlines for the Ambrosus Community what is the long-term vision of the Ambrosus Ecosystem for the years to come. As a decentralized network, that will move towards ever-more decentralized governance over time, it is important that the Ambrosus Team remains open and transparent to the Ambrosus Community as much as possible with the vision they would like to achieve. The best introduction to this vision is with the current state of blockchain adoption around the world.

Where We Stand

Right now, blockchain remains an emerging technology with many ideas, use-cases, and pilot projects, but still limited traction and widespread adoption. In North America and Europe especially, mainstream and SME adoption of blockchain and related technologies remains limited. In the cryptocurrency industry, the development of digital finance and value remains the centerpiece of many platforms, most notably that of Ethereum: Decentralized Finance, Non-Fungible Tokens, and Stable Coins are rising trends of crypto that have left traditional blockchain use-cases forgotten in the minds of the average industry user.

In addition to these trends, many projects have become ‘Zombified’. Whether it is the five active users on Augur for the month of September, the pivoting of Sia Coin, the rebranding of numerous projects, or the slow decline of Modum and TAEL, many crypto-currency projects have struggled to survive during the bear market, coupled with an end to the hype in much of the business world.

Ambrosus has survived this period by investing in the technological development of AMB-NET — its core product. In many ways, focusing on pure technical development has been a very strong and beneficial move for the overall state of AMB-NET. Today AMB-NET is host to:

  • more than 700 decentralized validator and storage nodes.



Read the original article here

- Advertisement -
profile logo 500x500
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,486FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 41,823.00
ethereum
Ethereum (ETH) $ 2,865.37
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 482.33
litecoin
Litecoin (LTC) $ 143.23
eos
EOS (EOS) $ 3.77
okb
OKB (OKB) $ 15.96
tezos
Tezos (XTZ) $ 5.64
leo-token
LEO Token (LEO) $ 2.70
cardano
Cardano (ADA) $ 2.07
monero
Monero (XMR) $ 234.82
stellar
Stellar (XLM) $ 0.262844
chainlink
Chainlink (LINK) $ 22.53
huobi-token
Huobi Token (HT) $ 7.66
tron
TRON (TRX) $ 0.084736
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 150.05
neo
NEO (NEO) $ 36.59
iota
IOTA (MIOTA) $ 1.08
nem
NEM (XEM) $ 0.138454
zcash
Zcash (ZEC) $ 102.95
maker
Maker (MKR) $ 2,281.69
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 45.86
vechain
VeChain (VET) $ 0.084155
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 48.90
kucoin-shares
KuCoin Token (KCS) $ 9.91
waves
Waves (WAVES) $ 23.66