Nodle To Leave Stellar, Will Soon Shift To Its Own Blockchain

The nature of this decentralized network provider is to connect and detect. And presently, as a report suggests, it linked over than 5 million active nodes with over 92 million devices.

Stellar Handles Nodles Transactions

According to the report, till date, the blockchain platform Stellar has handled around 1.3 million transactions of Nodle. But as the company predicted in its whitepaper, the competitor of IOTA would launch its own blockchain network with advanced features in it.

Eliott Teissoniere, the developer of Nodle blockchain, has stated that for the success of Arcadia blockchain of Nodle, interoperability is important.

The Nodle team has been preparing the Arcadia blockchain on the Parity Substrate framework and for this, they are using standard designs.

After the creation of Arcadia blockchain, Nodle would become a parachain of Polkadot.

NodleCash For Using Network

Nodle network has its own cryptocurrency, named Nodle Cash, people who use this network earns it. But it is not popular in the market presently, because till now it has not been listed on any of the exchanges nor, does it have any monetary values.

While talking about network’s own Cash, Teissoniere recently, said, “It's a bet on the future. And essentially, they're going to be able to use it in a few weeks to interact.” The architect of Nodle’s blockchain announced that soon the company would open its interface for the customer so that they could earn rewards i.e., company’s currency, from it.

The CEO and co-founder of the first low power network for the IoT, Micha Benoliel, also mentioned that before releasing its cryptocurrency, the company want to develop enough demand for it.

The company has not decided the release date of its mainnet but assumptions are being made that may be within six months the company would launch it.

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