How 3Achain works

The blockchain trilemma

The blockchain trilemma, formalised by the founder of Ethereum, concerns three fundamental principles of
of the technology: security, scalability, and decentralization. It asserts that only two of these three characteristics can be provided simultaneously in a blockchain.

Scalability

Ability to exponentially increase the number of transactions that the blockchain is able to process.

Security

Ensuring that the data stored on the blockchain is protected against malicious actions by some compromised nodes.

Decentralisation

Lack of a central control body and maximum geographical distribution of nodes.

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Scalability

Ability to exponentially increase the number of transactions that the blockchain is able to process.

Security

Ensuring that the data stored on the blockchain is protected against malicious actions by some compromised nodes.

Decentralisation

Lack of a central control body and maximum geographical distribution of nodes.

How 3Achain solves the trilemma

The current limitations of public and fully decentralized blockchains (such as Bitcoin and Ethereum) are those of scalability and its cost.

In 3Achain, on the other hand, the nodes that make up the blockchain are known in advance because they belong to the partners. Only they, after careful selection, are admitted to the transaction validation process.

This makes it possible to use a consensus algorithm, called Proof of Authority, which is much more efficient than those used in public blockchains. The combination of a Network of authoritative partners and the PoA algorithm, therefore, guarantees at the same time unparalleled performance, top-level security and the absolute neutrality of the platform. It's not about replacing public (so-called permissionless) blockchains, but about complementing them with a permissioned architecture that guarantees the parties involved not so much through the integrity of the algorithm that validates transactions through computing power, but through the validation of blocks by an independent authority.

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How 3Achain solves the trilemma

The current limitations of public and fully decentralized blockchains (such as Bitcoin and Ethereum) are those of scalability and its cost.

The current limitations of public and fully decentralized blockchains (such as Bitcoin and Ethereum) are those of scalability and its cost. Only they, after careful selection, are admitted to the transaction validation process. This makes it possible to use a consensus algorithm, called Proof of Authority, which is much more efficient than those used in public blockchains.

The combination of a Network of authoritative partners and the PoA algorithm, therefore, guarantees at the same time unparalleled performance, top-level security and the absolute neutrality of the platform.

It's not about replacing public (so-called permissionless) blockchains, but about complementing them with a permissioned architecture that guarantees the parties involved not so much through the integrity of the algorithm that validates transactions through computing power, but through the validation of blocks by an independent authority

Technology

3Achain’s technology is based on the Quorum® solution.
Quorum is an open-source blockchain solution for business and industrial applications. It is derived from a fork of the public Ethereum client (also open-source) with several protocol-level enhancements to support increased scalability needs.
The fact that the platform’s code is open and verifiable by anyone promotes transparency and consequently trust in the platform. The open-source approach also allows it to attract developers from different industries to participate in its evolution.

There are two main advantages to using this solution.

The first is that the technology has been tested through more than 6 years of activity of the Ethereum network, which to date already develops over 1.4 million transactions per day, without this ever resulting in the loss of a single piece of data. Furthermore, by applying a Proof of Authority (PoA) validation algorithm to the same technology, instead of a Proof of Work (PoW), scalability is raised to the nth power, bringing the registration capability to hundreds of transactions per second.

The second advantage is that this technology, with its programming language Solidity (the same as Ethereum), is by far the most widespread in the blockchain environment. There are in fact hundreds of development teams around the world that contribute innovation in open-source version, and therefore freely available and usable, which leads to a synergy never seen before in a development environment. It's not about replacing public (so-called permissionless) blockchains, but about complementing them with a permissioned architecture that guarantees the parties involved not so much through the integrity of the algorithm that validates transactions through computing power, but through the validation of blocks by an independent authority.

Two blockchain

In addition to the main blockchain, 3Achain has a TestNet dedicated to experimenting and testing applications before they even go into production.

TestNet
MainNet

Pricing guide:

Hai un'idea geniale ma, per ora, vuoi solo di sperimentare sulla blockchain?

Ti consigliamo il piano:

Free Trial

È il momento di lanciare la tua applicazione e vuoi ridurre al minimo i costi iniziali?

Ti consigliamo il piano:

Starter

La tua soluzione è già consolidata e vuoi semplicemente beneficiare dei vantaggi di 3Achain? Approfitta dei vantaggi del piano Starter e dopo 24 mesi scegli l'opzione che si adatta alle tue esigenze.

Pricing guide:

Do you have a great idea but, for now, just want to experiment on the blockchain?

We recommend the plan:

Free Trial

Is it time to launch your app and you want to minimize initial costs?

We recommend the plan:

Starter

Is your product already established and you simply want to benefit from the advantages of 3Achain? Take advantage of the benefits of the Starter plan and after 24 months choose the option that suits your needs.