The journey so far
From there, to here!
The first web browser is born
Sparking the 90’s Internet boom, the first consumer based Internet browser is invented.
Mosaic, the first GUI-based web browser enables a more engaging user experience through the inclusion of graphics, launches. It is quickly followed by the profoundly ubiquitous Netscape Navigator.
The internet changes the way we all access information.
Invention of the cloud
AT&T’s Personalink innovates the concept of all web-based services.
Founding the concept for today’s Cloud-driven internet.
The Cloud comes of age
Amazon Web Services introduces their cloud storage service
AWS S3; gaining widespread recognition and adoption as the storage supplier to popular services such as SmugMug, Dropbox, and Pinterest.
Following the introduction of AWS S3 came the invention of the Shopping Cart empowering E-commerce, Logistics, Delivery, Social Networking and more.
Peer-to-Peer gives way to the decentralized ledger
Satoshi Nakomoto writes the Bitcoin white-paper.
The following year (2009) the first bitcoin block was mined, birthing decentralized technology. This forever changed the world’s view of the meaning and value of fiat currencies while simultaneously marking the beginning of decentralized monetary systems.
Bitcoin to Smart Contracts
Ethereum births the first smart contract block
Enabling decentralized apps and trustless peer-to-peer transactions without 3rd Party certification; a new paradigm of entrepreneurship, micro communities and economies, tokens, and more.
Decentralized finance is born.
Evolution of Sharding
Similarly to the impact of load balancing in the early 2000s, on the world wide web.
Sharding gains traction in blockchain communities seeking innovations in scaling and throughput solutions.
Evolution of two-layer solution
Two-layer solutions are created to solve the inefficiencies and throughput challenges of Gen1 single layer solutions.
Current two-layer solutions are limited by complexities surrounding security and multiple points of failure. Smart Contracts are cumbersome and unable to run in parallel.
Aspirations Layer 2 aspires to stabilize transaction costs and latency expectations for consumers and businesses, but still falls short of existing centralized solutions.
PraSaga introduces SagaChain™ and SagaOS™
Smart contracts are discovered to be the self-limiting feature of scaling solutions, so Prasaga introduces the first global operating system, enabling Smart Assets.
As opposed to other solutions touting global network claims, Prasaga™ moves the core root classes onto the blockchain allowing global naming and code inheritance.
Marking the world’s first truly Web3.0 capable, global architecture.