Lambda (LAMB) Cryptocurrency Review

Lambda cryptocurrency (LAMB)

Lambda is a secure, fast and scalable blockchain project. It has the ability to process several million transactions per second and provide storage capabilities. All thanks to the use of Sharding technology. Unlimited scalability is provided by DAPP through distributed cloud databases. Lambda consists of the following elements:

• Lambda Chain, a related multi-chain system offering Turing smart contracts and high-level access to TPS;
• Lambda P2P, a P2P network system, provides network-level resolution;
• Lambda DB, a clustered system that has multiple databases, allows you to store encoded data with unlimited scalability;
• The support system has a lower-level structure Lambda DB, including Lambda FS - a data storage system and a distributed file system;
• Lambda ABE, an encoded property-based identity access system that includes multiple connections, acts as an access control port for the database;
• TPA Lambda Chain (WorkChain3), the basis for data integrity verification, including multiple verification keys;
• Lambda Agent, a self-tuning converter system that monitors LAMB data history in memory, verification performance, verification data loading, and security.

Lambda Blockchain Features

< p> Lambda is different from other blockchains, the main difference is that Lambda is a blockchain storage infrastructure. The goal of such an ecosystem is the development of DAPP and project participants. This means that the creators of computational tasks, as well as tasks for sending storage data, resource providers, data analysts, and software developers play a large role in the functioning of the Lambda ecosystem. The project runs on a completely custom and previously unused open source protocol. Proof of Spacetime (PoST). Classic PoS is the basis of the Proof-of-Space-Time (PoST) source code. As mentioned earlier, Lambda is not a regular blockchain, it is a platform for combining, storing and sharing multiple blockchains. The LAMB token helps provide all the main functions of the site, among which it is important to highlight:

• exchange of information between chains;
• partner storage;
• PDP - evidence of data ownership;
• ensuring strict confidentiality of information;
• distributed intelligent computing.

Lambda (LAMB) Overview

This cryptocurrency is an ERC-20 token based on Ethereum. Lambda (LAMB) entered the cryptocurrency market in 2018. The creators released 6 billion tokens to the market. 30% of these tokens were purchased, and in the end the creators earned about $15 million from the initial offering. All other LAMB tokens were used to develop the project and meet its needs.

Advantages of Lambda (LAMB)

1. Individual protocol and core circuit technology. Which allows Lambda to carry out more than 5 thousand transactions every second.

2. An efficient system. < span style="color: var(--basic_text_black);">For user data backup, which works in collaboration with leading cryptocurrency cold storage companies.

3. Reliable programming interface. Which is a prerequisite for creating a controlled cloud space that ensures the smooth operation of all DAPs implemented on the API.

Disadvantages of Lambda (LAMB)