NuCoin is the native currency in the Nugenesis ecosystem.
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NuGenesis' flagship blockchain, NuCoin, is fully operational and is already on zero-carbon emissions. This goes well beyond the Proof of Work (POW) vs Proof of Stake (POS) debate!
Nugenesis's NuCoin uses system validator nodes running on the randomness of the round robin protocol, including the consensus before packing, with proof of authorization with AI (Artificial Intelligence) that serves as one of several consensus mechanisms. Monitored by AI to underline system integrity.
Streamlined verification process through super nodes with Byzantine fault tolerance and randomness, reducing unnecessary transmissions through the verification network unnecessarily. Being gasless, there are no requests from thousands of validators and fee functions.
NuCoin integrates blockchain load balancers and system validators to allow data to flow efficiently across an infinite parallel processing blockchain. It enjoys unlimited scalability and transaction speed. The more users, the faster the transaction speed!
NuCoin has many uses in the Nugenesis ecosystem.
It is the dominant currency for all available services (and is burned upon NuCoin use), including the currency used in NuTech cities and special economic zones established with participating jurisdictions. NuCoin is required for all projects as an effective "fee" to use the system. NuCoin is required for ranks included in the governance system.
NuCoin's ownership is designed to be widely spread, contrasting with the intended effect that drives users to establish their substantial economic presence in the NuGenesis ecosystem.
While many NuGenesis projects (such as LedgerX, Just Social, The Metarealm, V2R, Bitcoin NU and Bitcoin Green, etc.) will stand on their own with their digital assets, NuCoin holders will always be entitled to early and preferential access. these projects.
Features of neugenesis
- Advanced Technology:
The total technology that makes up the NuGenesis blockchain network includes;
The main blockchain is based on a "substrate".Its exchange is known as the "Ledger X Chain".
bitcoin chain an ethereum chain
With these key technologies, the network achieves speed and scalability by removing the bottleneck that limits data flow. In addition, the network uses consensus and implements its own blockchain-based load balancers to increase block data, creation and speed.
- An Advanced Ecosystem:
NuGenesis focuses more on improving the user experience. As a result, it is providing liquidity by integrating a fully functional open-market exchange with decentralized stores. In addition, it has developed relationships with several countries to implement a "Blockchain Code" that will ensure legal certainty, disclosure standards and better governance, thereby facilitating growth in the crypto sector.
- Advanced Governance, Community and Tokenomics:
NuGenesis does not require a transaction fee. It allows users to access every information they need through social media platforms. Through this, various projects and users collaborate and interact. Furthermore, the blockchain does not have a large amount of pre-made or pre-generated coins in the hands of its founders. Instead, it has a native currency, "NuCoin", molded based on the governance protocol, which rewards users for contributions made to further improve the ecosystem.
- Advanced Philosophy and Design Principle:
Blockchain is all about self-financing and self-governance. It also focuses on instant transaction speed and interoperability with other blockchains. In addition, NuGenesis is built to enhance the user experience by allowing users to recover lost souvenirs or wallets, stolen crypto assets, share custody, etc.
Blockchain aims to be user-friendly to encourage mass adoption. It aims to achieve this by removing the constraints that exist in the industry. NuGenesis also aims to increase the trust, security and comfort that will make blockchain common to more people.
Nugenesis offers the following benefits:
NuGenesis offers new frontiers where developers can easily create crypto assets that go beyond tokenization to virtual reality.
Blockchain provides a better and enhanced interoperability experience between blockchain assets and decentralized applications (DApps).
It provides a decentralized and secure exchange where users can invest in fiat and crypto.
Blockchain enables developers to create assets with confidence for both commercial and personal use. It also offers multi-sig wallets and other terms that can allow users to pledge new and existing crypto assets in a true decentralized finance market. Using the network, users who have lost their wallets or memorabilia and assets can get it back.
The network also ensures legal and commercial certainty about the status of crypto assets, gives users access to arbitral justice, maintains identity integrity, and maintains its own conduct and disclosure duties and standards.
The platform aims to facilitate offline payments through hardware wallets by 2022.
This solves liquidity issues for chains that do not have enough tokens and funds to complete certain projects.
Users get to trade without interference from intruders, fully decentralized payments for new coins. Launching and issuing new tokens for relatively new projects.
for more information:
Website: https://nucoin.com.au/
Twitter: https://twitter.com/nugenesisou
Telegram: https://t.me/OfficialNuGenesis
Facebook: https://www.facebook.com/nutechcity
Instagram: https://www.instagram.com/nugenesis.ou/
Author :
Bitcointalk Forum Username : sanj24
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2341854
POA : https://bitcointalk.org/index.php?topic=5397858.msg60117538#msg60117538