Codebase Ventures Inc blockchain investee Arcology puts portion of its source code on Github

The public release of this code demonstrates the team’s confidence and commitment to openness, the company said

Codebase Ventures Inc () (OTCQB: BKLLF) (FRA:C5B) announced Tuesday that Arcology, an AI blockchain system in which the company holds a 30% stake, has published a portion of its source code on Github.

The public release of this code demonstrates the team’s confidence and commitment to openness, and signals that they welcome feedback by third-party developers and other experts in the blockchain community, the company said. 

Arcology is a blockchain system designed to compete with Ethereum and other ecosystems that employ smart contracts to host decentralized apps for finance, gaming and other commercial sectors. Tests have shown that Arcology will outperform Ethereum, et al, for speed and scale, the company said.

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“With trust and transparency so important to the blockchain community, it’s critical that Arcology operate fully in the open,” Acrology President Laurent Zhang said in a statement. “That’s why this is such an important step. We look forward to creating a community of active developers who will build their applications with us.”

In addition to portions of Arcology’s source code, the Github repository includes the benchmark suite that was featured in earlier tests. As a live production repository, Arcology’s code will be revised and updated frequently as the team releases new features and follows its 2021 roadmap.

The move follows an announcement in January that Arcology’s Testnet 2.0 was successfully tested for speed, scale and stability, the company said. Testnet has consistently achieved more than 33,000 transactions per second (TPS) running decentralized applications written in the Solidity programming language, which is the basis for Ethereum’s smart contracts.

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