With the advent of Ethereum and smart contracts in 2017, excellent public chains such as EOS, Avalanche, and Solana have set off a wave of public chains with their unique advantages. Compared with Ethereum, they have developed to this day by virtue of their fast transaction speed and low gas. I call them the first generation of public chains.

New Generation Public Chain

Today, five years later, while the market is relatively cold, the chapter of the new generation of public chains is quietly unfolding. Aptos and Sui, the two major public chains of the Move department, have received close attention from the market with the help of luxury financing institutions including a16z. It is worth mentioning that they all have generous token rewards for their respective validators.

At the same time, according to the blockchain media, the public chain SPF based on fog computing technology has entered the final development stage, and everything is going well. The mainnet is expected to be officially launched in November this year. Its characteristic is that the computing power on the blockchain is close to the computing power of TPS in traditional Web2 through fog computing technology. And iterates on the ERC721 protocol of Ethereum to create a next-generation NFT protocol.

SPF Vs Meta Public Chain

People will compare all the new public chains this year with those of the Meta series. The main feature of Sui lies in its originality in providing a low gas price and a predictable mechanism, while Aptos is characterized by the safety and scalability of its performance. But they have a common disadvantage. Because they are based on the Move smart contract language, they are not compatible with the mainstream DApps developed based on the Solidity language in the market. Therefore, developers need to rewrite the code to build applications, which directly leads to a slowdown in the establishment of their ecological applications and a higher threshold for ecological construction. It is rumored that a Move programmer can earn up to $200 an hour because there are only a handful of people who can master and use the Move language proficiently.

With this in mind, SPF has a highly standard compliant and fully functional EVM platform with low fees and high TPS. It enables all Solidity Dapps on EVM-compatible chains such as Ethereum and BNB Chain to seamlessly migrate to the SPF main chain, providing better infrastructure options for the existing Web3 ecosystem.

Node Mode

SPF adopts the DPOS mechanism, and the consensus node elects the verification node with a powerful server to be responsible for the block generation and the operation of the whole chain. At the beginning of the launch of SPF, 20,000 consensus nodes were pre-recruited, and each consensus node could equally share 85% of the token output of the entire network, while the remaining 15% was obtained by the verification nodes. In addition, each consensus node has a native NFT to confirm its identity. The NFT can be traded. When the NFT is traded, it also represents the transfer of the consensus node. Hold this NFT to get permanent token distribution rights.

The initial price of native NFTs is lower, which lowers the threshold for ordinary users to enter SPF. The native NFT is actually a new NFT 2.0 iterative based on ERC721.

NFT 2.0

The NFT in the SPF main chain has been updated and iterated on the original ERC721 protocol. NFT 1.0 cannot be disassembled and synthesized, which actually limits the space for continued development of many projects. As far as the most popular P2E-modeled projects are concerned some time ago, many MMO games involve character equipment. The project party hopes that the equipment belongs to each player in the form of NFT. In order to promote the circulation of equipment, Web2 games have The suit attribute is also used on Web3, but it is impossible to combine several NFTs into one suit NFT. The current processing method can only destroy the spare NFT, and then Mint a suit NFT. One of the troubles it brings is, You have no way of knowing whether the project party can issue additional set NFTs at will; the other is that you will encounter the same problem when you want to disassemble the set. The NFT 2.0 on SPF can solve this problem well, which plays a crucial role in the entire SPF ecology and the development of the P2E field.

In The End

Every time the market is in a downturn, it is the time when high-quality projects are born. The opening of a new round of public chain fever undoubtedly marks another advance on the road of Web3, and this time, SPF will carry the banner and become the pair of hands that promote the development of human blockchain.