ARCOLOGY TO DEMONSTRATE ITS ADVANTAGES WITH UTILIZING ONE OF THE MOST SUCCESSFUL GAMES ON ETHEREUM
VANCOUVER, BC, CANADA (February 19th, 2020) – Codebase Ventures Inc. ("Codebase" or the "Company") (CSE: CODE - FSE: C5B – OTCQB: BKLLF), an investment company, is pleased to announce that the Arcology technical team is launching its comprehensive testing of the high profile Ethereum game called CryptoKitties on its own internal testnet.
CryptoKitties is a very well-known game that runs on the Ethereum network, and which has caused serious network congestions because of its transaction volume. Using this example to illustrate Arcology’s speed and scalability provides a purposeful comparison and validation of the platform’s capabilities.
Multiple blockchain technology projects have endeavoured to solve the scalability issue with different approaches with no demonstrated, major success to date. Arcology has a very unique solution to address that problem, featuring the following capabilities:
- Arcology allows multiple transactions to be processed in parallel
- Transaction processing can scale up linearly based upon number of computers available
- Fully compatible with Ethereum platform
- Popular Ethereum applications like CryptoKitties can work on Arcology smoothly
- Ethereum developers can start to work on Arcology right away
- Minimized migration costs
The purpose of this test is to demonstrate Arcology’s technical advantages, scalability and transaction per second speed.
“CryptoKitties was the major event within the whole blockchain industry when the overall challenge of scalability became evident. This Arcology test serves as a showcase, with the goal of demonstrating Arcology’s technical superiority. It is an internal test, a prelude for our public benchmarking and demonstration in the near future,” said Mr. Laurent Zhang, President of Arcology.