Main features
Peer-to-peer network
The use of distributed network enables users to directly send data, files, and documents between each other. This means that information sent is not stored in any physical place but held by each network user (node). Each file has its unique cryptographic hash. When a user from requests to share/receive data the network finds the nodes holding a perfect match to the unique hash or hashes and the transaction is successful.
Permanent and immutable
Usage of a decentralized network across multiple users provides immutable and permanent transaction because when the transaction is approved (validated by other users of the network) the data cannot be changed.
Surveillance and censor resistant
The core objective of Plater Network is to exclude third-party services from personal transactions as it takes place now. It will help to send confidential information without any influence or interference of out-of-network entities and improve the reliability of the information.
Fast and secure
The transactions are highly secure and time effective. Transactions are quickly verified by the other nodes. Then, additionally linked to the previous block and secured with 1024-bit key encryption and 7 tokenization, which makes it almost impossible to hack or manipulate. Because the transactions are being settled between nodes the whole process is very fast.
Open source
All the information and documentation give a clear overview of the technology and enables other people to use it without any restrictions. All the new updates and changes will always be publicly available. Plater's open-source software will be always public and accessible to everyone. It increases transparency, scalability, and expansion of the network.
Cost effective
The company will charge a small fee for using its software. However, Plater Network guarantees the best price on the market and all the charges have algorithmic nature. The token which will give access to the network. It may be acquired through the exchange or by staking.
Last updated