Why Choose Bird Chain
Bird Chain is modular
The birth of Bitcoin in 2009 represented a big step forward in technology and a further move towards a more efficient society. However, Bitcoin was not built to scale, and its consensus mechanism—the engine that powers the blockchain—is limited by design.
Current solutions make trade-offs between three components: scalability, security and decentralization. This is known as the blockchain trilemma.
Bitcoin for example focuses on decentralization and security, which makes it less suited for any kind of transaction that requires speed and fast confirmation, like day-to-day payments, data transfer, asset trading or other transactions consumers and businesses rely on in everyday life.
Especially the legacy financial system, from the processes that happen in the back-end to consumer-facing solutions, requires high throughput and fast finality. Decentralizing these services at scale, while providing bank-grade security represents a challenge for the whole blockchain industry.
In future Bird Chain tackles the problem at the core: its high-speed consensus mechanism, Lachesis, allows digital assets to operate at unprecedented speed and delivers dramatic improvements over the current systems.
Indeed, the advantages brought by Bird Chain are not merely pure performance; its modular architecture allows for full customization of blockchains for digital assets, with different characteristics tailored to their use-case.
Bird Chain also develop offers exceptionally high levels of security by using a leaderless Proof-of-Stake protocol to secure the network.