Description
Redbelly is a blockchain project dedicated to high-performance, secure, and scalable solutions suited for real-world applications. Developed by the University of Sydney and CSIRO, it aims to tackle common blockchain challenges with a focus on scalability, security, and decentralization. Its innovative consensus algorithm allows for fast transaction finality and throughput, handling thousands of TPS, while ensuring data integrity. With linear scalability and energy-efficient operations, Redbelly supports smart contracts and DApps, targeting sectors like finance and IoT. Launched in 2020 with a 10 billion token supply, it emphasizes accountability and regulation compliance, bridging current and web3 economies. Mainnet is set for Q3 2023, offering a scalable, EVM-compatible Layer 1 chain for RWAs. Its academic backing ensures a scientifically rigorous approach, ready to foster mainstream adoption by overcoming traditional blockchain technical barriers.
Redbelly is a blockchain project dedicated to high-performance, secure, and scalable solutions suited for real-world applications. Developed by the University of Sydney and CSIRO, it aims to tackle common blockchain challenges with a focus on scalability, security, and decentralization. Its innovative consensus algorithm allows for fast transaction finality and throughput, handling thousands of TPS, while ensuring data integrity. With linear scalability and energy-efficient operations, Redbelly supports smart contracts and DApps, targeting sectors like finance and IoT. Launched in 2020 with a 10 billion token supply, it emphasizes accountability and regulation compliance, bridging current and web3 economies. Mainnet is set for Q3 2023, offering a scalable, EVM-compatible Layer 1 chain for RWAs. Its academic backing ensures a scientifically rigorous approach, ready to foster mainstream adoption by overcoming traditional blockchain technical barriers.
