The Artela Network is an extensible blockchain network that enables developers to build modular decentralized applications with advanced smart contracting capabilities. The Artela team has come up with an approach that significantly optimizes complex on-chain operations. This greatly expands the use of blockchain in situations where increased security and control over the execution of on-chain logic is required.
Architecture
The Artela architecture consists of three main layers:
- Base Layer. This layer includes the consensus mechanism, networking, EVM and WASM environments.
- Application Layer. A smart contract platform that allows developers to deploy their smart contracts.
- Extension Layer. This is where developers can deploy logic to extend the functionality of smart contracts to the Application layer.
In July 2023, during a seed round, Artela raised 6 millions of dollars from funds such as:
- A & T Capital
- Shima capital
- SevenX venture
What stage is the project at now?
The project is now in the Artela Incentivized Public Testnet phase. You can read more about this testnet phase in post on Medium Artela. We have prepared a guide on running the validator in the Artela test network. Once the validator is up, be sure to fill out the form in the Artela Validator Program! You can also fill in form in the Ambasador program.
