SASEUL SL
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Description
SASEUL is a layer-1 blockchain that uses a proprietary consensus algorithm called HAP-2 (Hypothesis Acceptance Procedure). The project is designed to address the blockchain trilemma, the trade-off between decentralization, security, and scalability, so that the network can support everyday, real-world use. SL is the native cryptocurrency of the SASEUL network.
Dual-Chain Architecture
SASEUL runs two chains within a single blockchain: a Proof-of-Work (PoW) resource chain and a main chain operated by HAP-2. This structure is intended to retain the decentralization and security properties of PoW while providing transaction throughput suitable for practical applications.
Smart Contracts
SASEUL supports smart contracts, similar to Ethereum. Developers can write contracts in JavaScript, a widely used general-purpose language, instead of a blockchain-specific language. This lowers the barrier to entry for building services on the network.
Distribution and Network Participation
SASEUL had no foundation allocation, investor allocation, or presale. Anyone can participate in the SASEUL network. The mainnet launched on May 16, 2022, and has been operating continuously since launch.