PRASAGA- Smart Contracts Evolved
From Time to time we discuss about projects that are outstanding that on this page which many have invested in and made good profits henceforth i am here again to lead you to the right direction by talking about Prasaga.
Take a moment to read my review about the project and follow the links i shall provide at the end of my article for more information.
Lets get down to the business of the day.
The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world. One of these projects is PRASAGA
What is it all about?
Prasaga is a project developed with the mission of opening Decentralized access to the world. It is a project which has gathered together the global developers , miners , crypto enthusiasts and investors across the global social media platform with the goals of coming together and building the world class blockchain technology known as Data Grid blockchain to resolve the prevalent barriers in blockchain space and enabling mass adoption of the technology . Prasaga will create easier access to blockchain technology and enabling easy access to the use of digital asset in various digital devices. Amongst the goals of Prasaga is to create an open decentralized network that will be easily accessible by anyone . The project also focuses on improvement in transaction speed . It aims to offer the falsest blockchain network in the world . DataGrid blockchain (DGB) will offer personalization controls and ensuring personal democratic freedom and the data privacy .
DataGrid Blockchain is not limited to Cryptocurrency issuance or finance . It is a multipurpose blockchain network that is relevant and can be applied to different fields of life. Compaines , businesses, individuals willing to achieve operational efficiency can integrate DGB into their management system . It is relevant in communication industry , logistics industry , medical industry , education and many more . It is a general purpose blockchain designed for complex business models due to its high level of scalability . What makes DataGrid blockchain different is that it is not Smart Contract executed unlike some existing blockchain networks.
Prasaga DataGrid Blockchain is building a parallel transaction processing technology which comprises of 2 major features : This unique features is that DGB blockchain consensus protocol comprises of 2 different protocols ; namely : Proof of Work (Pow) and Proof of Stake (PoS) Consensus algorithm , these features enables custom and split blockchain to run in the parallel , allowing them to process transactions in parallel and at the same time maintaining higher level of security just like Bitcoin network security.
As stated earlier, Prasaga DataGrid Blockchain is a multi purpose blockchain network which is applicable in diverse field of life . . DataGrid blockchain is an infrastructure which will be very useful on a global scale due to high level of the network scalability . In terms of security , DGB offers Bitcoin like security system which gives the users of the network rest of mind , DGB use case will include (IoT) internet of Thing applications . This will grant Fintech ability to track and create complex business relationship and logic in a secure and open system .
FEATURES THAT WILL BE ON DATAGRID
DGB has features that make it the most advanced crypto platform in the digital world. these features are as follows:
1- Transaction Speed and Efficiency.
One of the features that makes DGB unique is the first blockchain to introduce a hybrid consensus algorithm. DGB uses a double-chain consensus algorithm, which combines the Proof-of-Work and Proof-of-Stake algorithms in its function. The combination of these features makes DGB super efficient and reliable, with the characteristics of the highest transaction speed and efficiency.
2- Sharding and scalability.
Currently, all blockchains in the crypto space do not have transaction scalability. Due to increasing adoption, it can take a long time to complete verification of transactions. However, DGB implants perform sharding to increase their scalability. Sharding is a technology that splits databases into small partitions called shards, which are operationally independent, thus providing room to increase the supply of resources on the blockchain.
3- Parallel Transaction Execution
DGB created a system that allowed it to carry out multiple transactions simultaneously. Parallel execution of transactions will increase the speed of service delivery.
4- Top Security.
As an option for settling payments, DGB implements security protocols that ensure the platform has the best possible security from hackers and attackers. DGB embeds security that can parallel Bitcoin while still providing a critical security system that allows private, secure, and operable networks. It will have wide applications in industrial internet supply, messaging networks, fintech and Dapps. The PoW-PoS system offers more security which protects the system from 51% of attack cases.
DataGird (DGB) will have maximum transparency but still maintain the highest level of integrity for data storage in the digital world. The aim is to create an open source, truly distributed, and decentralized network utilizing the best systems principles.
Complete Decentralization To support blockchain decentralization, DGB uses XBOM. of which XBOM is an extensible Blockchain Object Model, providing top-notch infrastructure for faster Dapp development, a better functioning market and scalable decentralized network generation and you can fully control your account. All on-chain execution follows a smart asset approach that fosters better privacy, regulatory compliance and monetary policy.
The Blockchain Distributed Proof of Work feature known as D-POW ensures scalability coupled with (XBOM), which is an extensible Blockchain Object Model created for network parallelization. The DataGrid Blockchain is an excellent approach to smart contracts that guarantees high speed, high quality and proof of great infrastructure development.
With XBOM, developers can build applications with an object-oriented programming model, and XBOM provides the infrastructure that serves that infrastructure, called the Infrastructure Class Manager, then interacts with the underlying infrastructure, in this case we can call it a fabric network. Theoretically, developers don't care about blockchain, this is the reason why XBOM is positioned as "Globalism" Decentralized.
DataGrid Token (DGT)
The DataGrid token (DGT) is a cryptocurrency used on the Blockchain Marketplace for transaction fees, for validator rewards, and for DataGrid data transactions. The following DGT flows are predefined as part of the DataGrid Architecture. Since the Blockchain Marketplace supports Smart Contracts, the number and types of token streams are not limited. The DataGrid vendor, which operates the DataGrid Message Server, acquires DGT through normal operations to buy data from data producers and sell data to data consumers. The main mission of the Prasaga Foundation is to drive growth, and support DataGrid globally.
Announced DGT Token Community Presale.
During the personal presale, tokens will be unlocked for 3 months after the Liquidity Bootstrap Pool.
20% will be added to transactions over 150 ETH and an additional 10% for initiation of 80 ETH transactions.
Community Presale has a minimum bonus of 0.25 ETH and an additional 5%.
Token Metrics
Token Name: DGT
Token Type: ERC20 Ethereum
Token Price: $ 0.005
Total Supply: 53,278,888,889 DGT
Contract Address: 0x17101f0ff8f42bc1acf9a85ae0ec2ee4166a6496
Team Members
For More Information Please Visit the links below:
WEBSITE : https://www.prasaga.com/
WHITEPAPER : https://www.prasaga.com/ecosystem-whitepaper/
TWITTER : https://twitter.com/PrasagaOfficial
TELEGRAM : https://t.me/prasagaofficial
FACEBOOK : https://www.facebook.com/prasagaofficial
LINKEDIN : https://www.linkedin.com/company/prasaga/
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
Telegram Username: @maniecool_XRM
POA:https://bitcointalk.org/index.php?topic=5310375.msg56616769#msg56616769
Thanks for your comments
Incredible project
Oh wow, amazing project
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Good work sir.
Nice write-up. Great project
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I think i will invest in this nice article by the way