Layer 3: DAPP
Based on the white paper by Hacash, which describes a main chain for currency creation, distribution and settlement (L1-currency layer) and a channel chain payment network for large-scale real-time settlement (L2-payment layer), this white paper proposes a programmable third layer of scalable multi-chain systems (L3-application layer).
In essence, Hacash Layer 3 is similar to the cross-chain/multi-chain systems of Polkadot or Cosmos, but with a higher degree of technical adaptation and optionality, and without any token pre-allocation mechanism or official control over the protocol.
In a long-term efficient economy where there is both a demand for services and a supply of
products, L3 generates many profitable business opportunities while meeting the open financial
needs of more users.
Functions & Characteristics
Here are the 7 dimensions of Hacash L3's functionality and features:
- Scaling
- Expanding the asset types
- Programmable
- Cross-chain
- Privacy
- Customizable
- Applications