Today, RISE VISION PLC has announced that their Typescript core 1.0.0 has released to mainnet. RISE (token symbol RISE) offers a platform for decentralised applications powered by a community driven Delegated Proof of Stake (DPoS) blockchain.
Late last year, RISE CTO Andrea B., undertook the task to completely rewrite the hybrid code that created the initial RISE blockchain in TypeScript. TypeScript is an open-source programming language developed and maintained by Microsoft and it is typically used for large web development projects.
RISE DPoS is a network of connected peers, also called nodes, that secure the network. However, only the elected 101 Delegates can earn RISE block rewards. Delegates are elected by the RISE community who cast their votes by staking and voting with their RISE wallets. The vote weight of each wallet is in proportion to the amount of RISE it contains.
The objective for converting the entire codebase into TypeScript was to accelerate maintainable and flexible code for future development of core enhancement, such as:
- Scaling transactions per second on the RISE blockchain
- Introducing more flexible dynamic fees
- Overall reduction of bug fixes to increase performance
“The roll out of our TypeScript mainnet gives us great momentum to continue building a truly community driven, scalable platform for DAPP development.” – Andrea B., CTO.
On the subject of security, which is incredibly important in the blockchain and cryptocurrency industry, Andrea added “Next we’ll spend some time integrating the RISE blockchain into one of the most used and secure hardware wallets: Ledger Nano S!”
Earlier this year, RISE VISION PLC incorporated in blockchain friendly Gibraltar and hopes to ride the wave of supportive regulation and technological innovation. Through building out a Typescript based blockchain and developer tools in multiple programming languages, RISE will offer flexibility for the wider developer community in the future. Powering the RISE platform is a Delegated Proof of Stake consensus algorithm which is the one of the most environmentally friendly protocols available and thrives on greater decentralisation by allowing the community to vote for block producers.