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Welcome to the BASIC source code repository! This software enables businesses to rapidly build and deploy high-performance and high-security blockchain-based applications.
This code is currently alpha-quality and under rapid development. That said, there is plenty early experimenters can do including, running a private multi-node test network and develop applications (smart contracts).
- BASIC Website
- Documentation
- Blog
- Community Telegram Group
- Developer Telegram Group
- White Paper
- Roadmap
Some of the groundbreaking features of BASIC include:
- An AI Powered Blockchain
- Free Rate Limited Transactions
- Low Latency Block confirmation (0.5 seconds)
- Low-overhead Byzantine Fault Tolerant Finality
- Designed for optional high-overhead, low-latency BFT finality
- Smart contract platform powered by WebAssembly
- Designed for Sparse Header Light Client Validation
- Scheduled Recurring Transactions
- Time Delay Security
- Hierarchical Role Based Permissions
- Support for Biometric Hardware Secured Keys (e.g. Apple Secure Enclave)
- Designed for Parallel Execution of Context Free Validation Logic
- Designed for Inter Blockchain Communication
BASIC is released under the open source MIT license and is offered “AS IS” without warranty of any kind, express or implied. Any security provided by the BASIC CHAIN software depends in part on how it is used, configured, and deployed. BASIC is built upon many third-party libraries such as WABT (Apache License) and WAVM (BSD 3-clause) which are also provided “AS IS” without warranty of any kind. Without limiting the generality of the foregoing, LoopBlock Network makes no representation or guarantee that BASIC CHAIN or any third-party libraries will perform as intended or will be free of errors, bugs or faulty code. Both may fail in large or small ways that could completely or partially limit functionality or compromise computer systems. If you use or implement BASIC CHAIN, you do so at your own risk. In no event will LoopBlock Network be liable to any party for any damages whatsoever, even if it had been advised of the possibility of damage.
LoopBlock Network is neither launching nor operating any initial public blockchains based upon the BASIC software. This release refers only to version 1.0 of our open source software. We caution those who wish to use blockchains built on BASIC to carefully vet the companies and organizations launching blockchains based on BASIC before disclosing any private keys to their derivative software.
There is a public testnet running currently.