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In 2022, first in April during the Paris Blockchain Week Summit and then in July during Ethcc Paris, Massa team unveiled the first autonomous smart contracts ever to be released on a blockchain. Massa is a new layer-1, which intends to solve the blockchain trilemma by enhancing decentralization and scalability - looking for a 1,000+ Nakamoto Decentralization Coefficient. Since July 2022, Autonomous Smart Contracts it is possible to try them on Massa Testnet.
Launched in 2021 and currently in its testnet phase, with more than 7000 nodes constantly running on its network currently, Massa has already achieved important milestones: it has raised €5 million euros during a private sale (one of the most decentralized private sales involving 100+ individuals and entities), released its own smart contract engine, and reached 4,000 transactions per second (intending to reach 10,000 by the end of the testnet phase).
Massa Team’s main focus has always been on building Autonomous Smart Contracts. Currently, none of the existing blockchain manage to deploy this kind of smart contract functionality, making this one of the most important goals achieved by the Massa developers. The Autonomous Smart Contracts concept intends to allow Smart Contracts to “live” on the blockchain and self-activate, with an autonomous flow for using them. They can feed on blockchain data and request information from external sources without needing additional interaction. Existing smart contracts on other blockchains require human interaction (or bots) to function.
The CEO of Dusa Labs, an AMM building on Massa, declared: “Thanks to the autonomous smart contract
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