IGNITE BLOCKCHAIN
Ignite🔥 Blockchain is functional with every other blockchain with an in-built smart bridge contract that allows cross-chain transaction of assets seamlessly.
Ignite Chain is a new player in the blockchain protocol aimed to escalate the decentralized economy by providing low-cost, fast & secure transactions leveraged for mass adoption of blockchain technology by businesses of all sizes. It is intended to serve as the foundation for a sustainable and scalable business blockchain ecosystem.
As a next generation blockchain, Ignite is customized to work for specified requirements such as for security, transaction & distribution, gaming, multimedia (NFTs) etc.
Ignite Chain Features
Low-Cost
Ignite blockchain offers inexpensive transactions for both users & developers, costing nearly 0 cent on the network.
Fast & Scalable
As the speed of a transaction on blockchain matter the most, Ignite give a seamless transaction experience that performed under a jiffy. Ignite imparts transactional scalability by spreading transactions across multiple parallel blockchains.
Ethereum Compatible
Ignite is Ethereum compatible, independent blockchain working on Proof-Of-Stake (PoS) consensus model to process transactions efficiently.
Privacy Enabled
No third-party intermediaries are allowed to obtain data from the Ignite network without permission of sovereign authority.
Enhanced Security
Ignite blockchain has enhanced security model making use of custom IGT Security protocol.
Interoperability
Ignite offers cross-chain transfers of assets or data from one blockchain to another seamlessly.
Ignite Protocols
Ignite Protocols are basically smart contracts built on top of Ignite Chain for the improvement and betterment of end-user experience while enhancing on-chain interaction performance.
IGT GameX
GameX protocol is focusing on better user experience while interacting with gaming and other such graphical memory requiring task. GameX protocol lowers the use of guest computing power and instead it uses cloud hosted graphical power to provide smoother user interfaces.
IGT Reward
Reward protocol is called automatically when users & community members are enabled to be rewarded with predefined benefits and bounties. Such benefits include a portion from total gas, community rewards and airdrops.
IGT Privacy
Security is the key element for any blockchain thus the Privacy protocol is developed to provide several security layers. Privacy protocol is a precaution and risk mitigating function which calls upon while user is interacting with unauthorized entities or malicious actionable parties.
IGT Coin
IGT is the native coin for Ignite Chain, which is use for paying transaction fee on the network, stake & delegate to make Ignite network more secure.
Ignite Chain is built upon existing proven blockchain innovations and novel technologies that are designed for achieving mass adoption. These technologies include Proof-of-Stake (PoS) consensus mechanism, meta transaction features, protocols of transaction fee delegation, on-chain governance, built-in smart contracts as well as easy to use tools for developers.
As blockchain and crypto industry is in its early phase, Ignite Chain has plenty of room to grow and solve large scale problems that currency decentralized finance sector is missing.
LINKS
http://whitepaper.ignite.info/
https://www.youtube.com/channel/UCe2PDO2SBh9psGiqW6-CMIQ
https://twitter.com/ignitechain.
Author
Forum Username: kilmatulula47
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3418981
Telegram Username: @kilmatul
BEP-20 Wallet Address: 0x3401E80194DbD0134aB5F9C60B258Ed71A5ad849
