Symbiont Releases Enterprise-Ready Distributed Ledger
Smart contracts platform Symbiont has announced the release of its software development kit for Assembly, the permissioned distributed ledger component of Symbiont’s smart contracts system. The high performance Byzantine fault-tolerant distributed ledger focuses on security and is able to process a sustained 80,000 transactions per second in a regional multi-node network. This result corresponds to the maximum performance measured in academic studies of the consensus protocol used by Assembly.
Adam Krellenstein, Symbiont’s co-founder and CTO, commented: “Decentralized systems no longer have to be slow. With Assembly, we’ve proven that. We’ve proven that we can build a fast, secure and powerful distributed ledger capable of meeting the high demands of institutional finance. Assembly is now available to developers struggling to achieve an institutional-quality distributed ledger, and we welcome inquiries from those wishing to build blockchain applications on it.”
Assembly is an immutable and cryptographically secured datastore and messaging system designed for use in a decentralized network. Assembly serves as the foundation for Symbiont’s Smart Securities® platform, which allows users to issue, manage, locate and trade traditional financial instruments efficiently in a single, global, peer-to-peer financial network.
Included in the Assembly release are the public specifications for a ledger API, a mock ledger server, a ledger client library, example client applications and integration tests—all of which are hosted on the Symbiont GitHub page.