High Quality Layer 1 Project: MASSA LABS - Review

💥#Massa $MAS is a decentralized blockchain managed by thousands of people. The ease of becoming a validator, token distribution, and decentralization stand out. During the testnet phase, the number of nodes reached over 7000 with normal daily use computers. Compared to testnets with 100-200 selected superior computers, this is very important data in terms of decentralization.

As in Bitcoin, there is no network mechanism associated with the previous block: Here, by establishing a multi-threaded DAG structure, it captures the Nakamoto consensus and ensures that the blocks communicate with 3-4 blocks before it, instead of only interacting with the one before it. This results in more approvals and a more reliable network.

Massa's parallel block architecture, when selected by Proof-of Stake, allows nodes to create blocks in parallel and still make them all compatible with each other. Blocks are included in a multithreaded graph, each block references one block per thread, thus creating a multithreaded Directed Acyclic Graph (DAG).

Massa uses an adapted version of the Nakamoto consensus algorithm that adapts to multi-shard graphs. One consequence of enabling these parallel blocks is the possibility of the same transaction appearing or executing more than once at the same time; This can lead to wasted space or double spending. Massa implements the transaction sharding method to overcome this problem. Each transaction is allocated to a specific thread and can only be included in blocks within that thread.


💥So what else can we say about Massa?



🔸- Autonomous Smart Contracts: Massa's smart contracts can be programmed autonomously and perform the task without the need for an external human or bot. While traditional smart contracts rely on external triggers to initiate actions, Massa's Autonomous Smart Contracts can record actions for later execution and emit status signals that other contracts can listen for.

EXAMPLE: For example, the command "If the FED news comes like this, sell this amount of tokens at this price" can be entered into the contract. Or on the DEX, it can be coded as "if the liquidity drops below this much, don't risk it, sell too." If you want to improve the features of an NFT; For example, if the completion of some conditions is shown as a prerequisite in a game, all of these are written transparently into the smart contract, ensuring trust in the code without being left to the mercy of people. Another example is "or even warn me if there is a bad weather report from this source."

* Making liquidations on DeFi platforms autonomous
* Establishing efficient farming strategies
* Portfolio balancing
* Supply chain management
* Insurance industry
* Gaming & NFT
* RWA



🔸- Decentralized Web: Decentralized applications can be hosted on the Massa network, reducing the exposure of dApps to centralized services and reducing risks from centralized services. (fear of hacking, fear of unplugging and leaving, etc., everything is on the network) 🔸- Developer friendly: TypeScript is one of the most popular programming languages in the world. Massa's smart contracts are also written in TypeScript. In other words, software developers who want to write smart contracts can write code without any syntax difficulties. I think this will directly affect the number of projects on the network and pave the way for developers with potential. I'm crazy, don't look at me, maybe it won't happen :P
🔸- Massa Virtual Machine: To facilitate greater accessibility and powerful innovations, Massa has established Massa Virtual Machine. In this way, with TypeScript, developers can write code by quickly integrating new innovations that are not possible while adhering to EVM compatibility.
🔸- Blockchain Trilemma: Proof-of-Stake algorithm powered by DAG provides security, decentralization and scalability. This makes Massa one of the few projects that can solve the trilemma. In addition, features such as easy node installation, a special sales tour with more than 100 different distributions, no one who can be called a whale, everyone being encouraged to become a validator, and a fair reward system provide great assurance for decentralization.

💥How does Massa differ from its competitors?

1/ Most blockchain protocols have limited nodes, Cardano has the most nodes (3.2k) and Avalanche has around 1.2k nodes. The reason is that establishing a node costs both token-based costs. Besides, acquiring computer power is expensive. Massa keeps the computer power low compared to its competitors and allows you to establish a node by staking 100 massa with the easy staking opportunity.

2/ Bitcoin, Ethereum and some projects are unfortunately far from scalability. Ethereum needs L2-based protocols to scale. Massa overcomes this with 10k tps and low transaction fees, without the need for L2.




💥TEAM

The team consists of people who have their doctorates, but the sectors are different, Some are artificial intelligence and some are physics. Only Adrien is familiar with cryptography.

CEO - Adrien L.
PhD in quantum physics
Theoretical Physics - Master degree
Physics - University

CTO & Founder - Damir Vodenicarevic
AI & Data scientist - Treezor
AI PhD

Core Team Lead Developer - Aurélien FOUCAULT
Ex Covalent Rust Developer

CMO - Brian Felsen
Ex Harmony blockchain head of marketing

💥TOKENOMICS

Maximum supply: 1,000,000,000 units of MASSA
Decentralization program: 30%, 300,000,000
MASSA Public sale: 3%, 30,000,000 MASSA
Private sale: 16%, 160,000,000 MASSA, TGE 30%, 24 months vesting
Testnet rewards: 8%, 80,000,000 MASSA, TGE 30%, 24 months vesting
Community and ecosystem: 31%, 310,000,000 MASSA, TGE 5%, 60 months vesting
Massa Labs and founders: 12%, 120,000,000 MASSA, TGE 5%, 60 months vesting

The decentralization program is divided into two; one is 100k-nodes Program and 2k-builders Program

100k-nodes Program: 20%, 200,000,000 tokens will be used to increase the number of individual stakers participating in the security and core governance of the network.

2k-builders Program: 10%, 100,000,000 tokens will be used for developers. The 2k-builders program aims to create a broader developer community with many grants by involving Massa owners in grant-making decisions.

There is no maximum supply in Massa's architecture, friends, 64 million tokens will be printed annually, these rewards will be shared among thousands of validators contributing to decentralization and security, (the Luna crisis may come to your mind in the absence of maximum supply, but even the project owners do not have the authority to print tokens as you wish. "CODE IS THE LAW" This is how Massa creates its economy.

In simple words, after 10 years the supply will be 1.64 billion, after 20 years it will be 2.28 billion. Massa emerged in 2017 as a result of three PhD friends working on how to make blockchain more efficient. They are preparing a technical article on the subject, https://arxiv.org/pdf/1803.09029.pdf Those who want can look at it here.

Afterwards, they win the i-Lab Innovation Competition organized by the French Ministry of Higher Education, Research and Innovation in 2021. Then there is a 26-month Testnet period, and the mainnet has just been started.

In summary, it is a project worth following, with long-term plans and respected founders.

CONS-PROS They are a little behind in Marketing. However, the gap can be closed. It can gain good momentum with good launchpad and stock market choices. The project is of very high quality.

Thanks for reading!