The hour of DeFi is upon us…

Over the past year, the blockchain sector was once again rocked by massive disruption in the form of decentralized finance (known by its catchy moniker “DeFi”). DeFi isn't a single product as some people think; rather, you can think of it as a series of paradigm shifts which collectively enable you to access financial products and services — both traditional and innovative. Thanks to blockchain technology, all this is done in a decentralized, trustless environment, so you don't have to rely on a trusted intermediary.

As it stands, Ethereum is the favoured blockchain network for building dApps and DeFi solutions, but a number of issues have emerged in the wake of the recent DeFi 'boom'. Chiefly, the network's scalability issues have been exposed, up to the point where most users are priced out of DeFi protocols (Uniswap and Tether remain the top two culprits). More than once, gas fees for processing on-chain transactions reached record highs due to the number of DeFi protocols (and resulting bump in user base) launched on the Ethereum network lately.

This (parasitic) fee structure, or the lack thereof, could negatively impact Ethereum's usability in the long run. As the DeFi space continues to experience increased user activity, this would push the transaction volume beyond the network’s limits. As a direct consequence, network congestion will lead to a higher number of unconfirmed transactions, longer wait times and higher gas fees as users race against one another to get their transactions confirmed faster.

These bottlenecks could make some smart contracts virtually unusable, an extremely key issue for the future of Ethereum as a dApp platform. Of course, you could cite Layer 2 patches like OMG Network’s Plasma and zkRollups as a potential solution, but we all know they lack generalized smart contract support, which is needed to move dApps out of the increasingly costly Ethereum mainnet.

Another potential solution could be to make the Ethereum blockchain and the smart contracts running on the network more efficient. However, that may prove too big to pull off on demand. For one, it’d require an overhaul in Ethereum’s codebase (read: no quick fix, but years down the line), not to mention participation from smart contract owners en masse.

Despite Ethereum’s moves to fix its surge in network fees (notably through EIP 2929), most people feel there's much work to be done in order to improve the network.

Thankfully, there’s a much better alternative to Ethereum. In Lamden, a viable solution to Ethereum’s key issues of scalability and performance presents itself. Lamden is a platform for blockchain development in Python, with network transaction speeds reaching up to 10,000 TPS & fixed transaction costs cheaper than you've ever seen before.

Lamden has been in development and testing for more than two years, and the mainnet was successfully launched in September 2020. With a Delegated Proof of Committee (DPOC) governance model featuring hot reloading, Lamden solves L1 issues on the mainnet, without having to implement second-layer band-aids (zkRollups like zkSync and Optimistic, or scaling solutions like Loopring and Plasma Childchain).

More than that, Lamden supports dynamic block sizes, atomic token swaps built directly into the wallet, no gas static fee structure, paying smart contract devs and reactive block times. At an impressive transaction speed of 10,000 TPS, Lamden is able to scale to handle real-world transactions.

Build Scalable, High-performance dApps on Lamden

Lamden provides a robust set of development tools and Python libraries, which allow you to develop complex ideas faster and with less work. With native support for an easily accessible language like Python, Lamden serves as a low entry point for developers looking to start their foray into dApp development using a suite of ‘convenient’, user-friendly tools.

By leveraging Lamden’s 10,000-TPS speed, you can build robust dApps that maintain peak performance at scale. Nodes on the Lamden network process incoming work immediately, instead of waiting for a preset block size or time, as seen with most blockchains. This implies that transactions can be processed near-instantly and finality achieved in as little as 400 milliseconds.

Now you can build high-performance dApps that are secure, scalable, and interoperable with a blockchain toolkit that ensures you’re development ready, day one. With Lamden, it’s all about improving the developer experience, and you can develop a broad range of DeFi solutions like DEXes, digital banking platforms, prediction markets, and more.

Build Better. Build Faster.

Python is one of the most popular programming languages used by developers in various domains like web and software development, data science, machine learning, DevOps and AI. Currently, it’s the fastest-growing language in the world with hundreds of libraries and frameworks like scikit-learn, OpenCV and TensorFlow for machine learning, Django and Flask for web development, matplotlib and NumPy for data science, and NLTK for natural language processing.

The Lamden blockchain natively integrates with Python for dApp development, allowing you to easily build decentralized applications five times faster than other blockchains. To top it off, being the first choice for most programmers, Python has a strong developer community with a huge online presence. Therefore, it stands to reason that more robust dApps will be launched on Lamden once the platform gains popularity in the Python dev community.

Thanks to Lamden's smart contract functionality and modular approach to dApp development, you can build highly scalable blockchains across every space. By implementing Python's vast library of modules and packages, you can develop (and deploy) dApps in less time.

Fostering a Sustainable Blockchain Ecosystem for MMORPGs and NFTs

Blockchain gaming and in-game items are now a thing, with several smart contract platforms shifting their focus to NFTs.

Lamden's fast transaction times and a global database allows you to make massive multiplayer role-playing games and social applications in a matter of minutes. With Lamden, you can design, build & deploy huge MMORPGs that can execute complex logic directly on the blockchain with zero chance of cheating. You can monetize your games better by leveraging true digital scarcity with in-game currencies and NFTs, and earn 90% of transaction fees processed through your dApp's smart contracts.

DeFi on Lamden

Per ConsenSys, DeFi solutions should be interoperable, composable and programmable to be truly decentralized. Here’s exactly how Lamden satisfies these three pillars of DeFi.

Interoperability: Interoperability refers to the ability to exchange and make use of information across different protocols and blockchains. Lamden enables the seamless exchange of information and value across various dApps built on the platform.

Programmability: Programmability generally implies that information (in this case, value) is controlled by smart contracts, not people. Lamden uses a smart contract library Contracting which is built on the Python VM. This system allows developers to write small applications for the types of program logic we see in smart contracts today. This generally has to do with simple logical transactions, so you spend less time with low-level details of systems architecture and more time developing your dApp.

Composability: a system is termed “composable” when the entire system can be selected and assembled in various combinations that fit perfectly together to satisfy user requirements. Lamden uses a modular approach to dApp development, allowing you to build Lego-pieced dApps which can fit perfectly into other dApps built with Lamden.

For instance, you’ve developed a DEX, so naturally, you’d need to maintain the transparency and reliability of pricing information on the exchange. Instead of using an external blockchain oracle or centralized market aggregator, you simply cull price data from an oracle built on Lamden by just plugging it into your codebase — like a module!

All in all, Lamden provides developers with the necessary tools to foster a truly interoperable, programmable and composable financial system, thereby reducing the cost of scaling network performance.

Lamden $TAU: Marketcap 6.5mil

Supply 156,250,262 (its deflationary)

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