| Global Inclusion
At the core of Pecu Novus is global inclusion, every application or token created on the backbone of the Pecu Nouvs Blockchain Network is a separate blockchain. This is called a layer-2 and it increases the scalability and security of Pecu Novus.
Layer-2s promote global inclusion, allowing developers anywhere in the world with the ability to build on Pecu Novus, help further build the community and build an actual business.
| Sidechains
Sidechains are actual blockchains that allow digital assets from Pecu Novus to be bridged over and used on another blockchain. Sidechains run in parallel with Pecu Novus and interact with Pecu Novus through bridges, but they do not derive their security or data availability from Pecu Novus. They have their own security protocols in place, which may be strong enough for their sidechain.
Sidechains similar to layer-2s can offer lower transaction fees and higher transaction throughput but have different trust assumptions. While Pecu Novus does offer security options for layer-2 solutions, it’s important to note that opting for enhanced security may result in higher fees within the layer-2 framework.
| Layer-2 Networks
Layer-2 networks are protocols that operate on top of a layer-1 blockchain like Pecu Novus. They are designed to offload some of the transactional burden from the primary blockchain to improve speed, reduce costs, and enhance scalability. By conducting certain processes off-chain while maintaining the security and integrity of the main chain, layer-2 networks allow for more efficient transactions without overwhelming the base layer. Layer-2 networks can also be customized as a private blockchain network inheriting all the security and immutability benefits of Pecu Novus but for private use, such as securing data within an existing private network.
| How Layer-2 Networks Work on Pecu Novus
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Layer-2 solutions on Pecu Novus allow users to conduct transactions off-chain, reducing the congestion on the layer-1 network. These off-chain transactions are later consolidated and confirmed on the main Pecu Novus blockchain. This process significantly boosts the transaction speed while maintaining the security provided by the layer-1 network.
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Layer-2 networks effectively increase the throughput capacity of Pecu Novus by processing a higher volume of transactions in parallel. This means businesses that require rapid processing, such as financial services or industrial applications, can benefit from a more scalable infrastructure without facing bottlenecks from increased transaction volume.
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Because layer-2 networks handle the bulk of the transactions off-chain, the associated costs per transaction are significantly lower. This makes Pecu Novus highly attractive for industries like healthcare, financial services, and supply chain management, where frequent transactions are the norm. By lowering fees, the platform opens the door for wider adoption, especially in cost-sensitive sectors.
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Layer-2 solutions on Pecu Novus can offer increased privacy for users by keeping sensitive transaction data off-chain while only submitting proofs to the main layer-1 blockchain. This allows industries with strict data protection requirements, such as healthcare, to adopt blockchain technology while maintaining compliance with privacy regulations.
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One of the key advantages of the Pecu Novus layer-2 networks is their ability to facilitate asset tokenization. Users can tokenize real-world assets, such as real estate, commodities, or intellectual property, and conduct transactions at high speeds with minimal costs. The layer-2 architecture allows these tokenized assets to be traded seamlessly across industries, enabling liquidity and fractional ownership models.
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Layer-2 networks on Pecu Novus offer a range of applications across industries such as:
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Healthcare: Securely and efficiently handling large-scale patient data transactions while ensuring compliance with data protection laws.
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Finance: Enabling micropayments, high-frequency trading, and cross-border transactions with lower fees and faster settlement times.
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Industrial: Supporting IoT ecosystems and supply chain management through automated, secure, and verifiable transactions.
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