Contractless is a chain that is just built different from the ground up.
It is a custom proof of work blockchain that was developed without funding or premining of any kind. It will be released in a fair manner just as bitcoin was. Anyone is free to mine the currency and it should, at least in the early days, be able to be mined on home computers and hosted VPS's.
It is recommended to use a computer with at least 8 CPUs 16 threads, but 16 CPUs and 32 threads of more is preferred.
Contractless was built in RUST with compression, speed, extendibility, and profitability in mind. It has many new features built into it such as private torrent based syncing of blocks and it has many old feature build into it in entirely new ways.
It is built to eliminate the need for common use smart contracts and eliminate the high risks involved with using middle men developers to do common blockchain tasks. It does this by creating custom transaction types and allowing nodes to interpret what to do with each transaction type.
For example there is a transaction for swapping tokens between two addresses. There is no need for a third party exchange service to swap tokens. There are also transaction types or issuing tokens, for issuing NFTs, for creating DeFI loans, and several other things.
This chain was also built to be fast. We created a chain that can process many thousands of transactions per second on higher performance hardware and more than 1000 transactions per second how standard home computers.
We rewrote the proof of work algorithm so we could tie every block to both the previous block, as is standard, and the next block through our proofing algorithm.
Overall there is a lot to discuss that we did differently with this chain and we would love to have you involved.
Please consider joining, leaving comments, asking questions, and sharing thoughts and ideas.