PL^G FAQs

Why use Blockchain?

The distributed ledger technology used in blockchain offers multiple benefits to businesses that make a difference when implementing a solution that requires a high degree of trust for business transactions. Using the technology offers the possibility to reduce cost sand offers the opportunity for businesses to build and maintain an infrastructure that delivers capabilities at lower expenses than traditional centralised models.

What is PL^G?

PL^G is a toolkit for building business-ready, blockchain based applications and solutions for organisations of all sizes. We provide you with the tools and technologies to create either permissioned consortium networks and/or permissionless environments that businesses and consumers can operate from.

What is PL^GNet?

PL^GNet is our future network that will be able to link multiple blockchain networks together allowing them to share data and communicate.

What is the relationship between PL^G and CENNZnet?

If you want to build your own blockchain like CENNZnet, use PL^G toolkit.

If you want to connect to another blockchain use PL^G toolkit.

If you want to build a dApp on an existing network use CENNZnet.

What industries are using PL^G?

How easy is it to integrate legacy systems with PL^G?

Our toolkit enables businesses to incorporate blockchain as a layer in their existing tech stack, rather than needing to re-write their systems to work in a blockchain platform.

What are the advantages of PL^G?

  • Built with real-world businesses and organisations in mind.
  • Easy for developers to pick up and use without learning new skills – WASM uses the most common developer languages and toolkits
  • Easy to pick and mix features to build your own blockchain:
  • Choose the Runtime modules best for your chain.
  • Choose the consensus model that’s right for you and upgrade without a hard fork.
  • Use the features from our growing toolkit to create the right blockchain for your use case.
  • Easily implemented in your environment without having change existing environments significantly or start from scratch. We have tools to make public, private and consortium chains.
  • Build a private chain inside a public chain with our novel permissions framework.
    Build offchain smart contracts that save cost and increase privacy but have the security of on chain contracts.
  • Use our privacy protocols to carry out sensitive transactions on chain without revealing the details.

What have you learned from Bitcoin, Ethereum and other public blockchains?

Our team has been involved in blockchain for almost eight years at this point, and we have been very closely involved in public blockchains since then. The first lines in the PL^G codebase were written after seeing an early Bitcoin adopter try to build a turn-based game on blockchain using the Bitcoin codebase, and seeing it wasn’t fit for purpose for building anything more flexible than the original Bitcoin protocol.

Similarly, we see the issues with trying to create a new programming language, Solidity, for Ethereum and have taken to heart the security, usability, and scalability issues that initial decision has caused the larger Ethereum project.

Are you ready for production? Will it be worth the wait?

For certain types of application, we’re production ready. It’s been a long time coming, but the benefits we’re seeing from a performance and integrations standpoint is now paying off in spades. There are applications that are more mission critical that we aren’t ready to go into production for yet, but those are still coming fast.

Would you describe PL^G as a high performance blockchain? Why?

Absolutely. We were the first high performance blockchain, achieving mid-5 and low-6 figure Transaction per Second (TPS) figures as early as mid-2015.

How did you manage to build such a scalable blockchain framework?

We more or less just concentrated on distilling blockchain technology down to its minimum, constituent parts

How easy is it to integrate legacy systems with PL^G?

We’ve found it to be relatively easy to integrate most legacy systems our customers have with PL^G. Rather than requiring an existing system to change to meet the blockchain paradigm, we acknowledge that blockchain technology won’t be adopted unless the blockchain layer natively integrates with what already exists.

What are the advantages of PL^G from a DevOps standpoint?

Unlike other blockchain platforms, PL^G is localised to its owners infrastructure and deploys like traditional software. DevOps will therefore not have to deploy a PL^G network any differently than they would other services like PostgreSQL or Nginx.

How easy is it to develop smart contracts for PL^G?

PL^G defines an interface to provide business specific behaviours, invokable by users. This interface, called Transforms, requires developers to implement two functions per Transform: a verify function that checks the inputs are valid against the state of the network, and an apply function that will cause changes to the data stored in chain.

What industries has PL^G been used in?

Government, Capital Markets, Luxury Goods, Pharmaceuticals, and the list goes on. PL^G is increasingly used by a wide swath of users across many industries as more and more parties realise the tangible benefits of using PL^G.

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