RANGERS PROTOCOL

musa01 (25)in #rangersprotocolcryptonft • 3 years ago

A VERY FRIENDLY ENVIRONMENT — THE RANGERS PROTOCOL

Rangers Protocol , an infrastructure building platform for blockchain projects , completed and launched a testnet on July 19. On the same day, Rangers Protocol announced its first dApp — the BlueStone decentralized lending protocol. — has been successfully migrated from Ethereum to testnet.
BlueStone is an efficient decentralized lending protocol that can provide users with stable lending rates. Lenders often use BlueStone’s “Lend” function to provide liquidity to the lending pool . As loan providers, they can choose different tokens for loans and loan periods. Borrowers, often using the “Borrow” function , can choose a loan portfolio and pay only a fixed interest rate. In addition to lenders and borrowers, developers can also deploy a decentralized lending platform based on BlueStone.
A few days ago, the Rangers Protocol development team received a very detailed dApp migration notice from BlueStone. Now, Rangers Protocol shares it with all developers and users. The development team hopes people can get a more intuitive understanding of what Rangers Protocol is capable of through this announcement.
Thanks to Rangers Protocol’s full compatibility with the Ethereum EVM (Ethereum’s virtual machine) and its ability to be highly integrated with Truffle wallet and MetaMask wallet , the process of transferring dApps from Ethereum to Rangers Protocol is smooth and very user-friendly. developer friendly. This is mainly reflected in the following aspects:
No contract changes
Due to compatibility with EVM, contracts written in Solidity language can be deployed on Rangers without any modification.
Deploy the contract without problems
Rangers Protocol deploys dozens of contracts to the Ethereum mainnet or test networks in an extremely simple way. Along with that, Rangers realizes the convenience provided by Truffle Migrate and fully supports this feature on the Rangers Network. So the implementation for Rangers is pretty straightforward.
First, add the parameter of Rangers Network in truffle-config.js . Similar to the Ethereum testnets, Rangers provides a JSON-RPC API: https://testnet.rangersprotocol.com/api/jsonrpc , which can be used to initialize a wallet provider. Then, run truffle migrate with the network name specified in truffle-config.js to deploy all your contracts on Rangers.
Although the same command to deploy to both networks, the experience on Rangers is actually more developer-friendly. Truffle uses a fixed gas fee specified in truffle-config.js to interact with networks. Because gas fees fluctuate on Ethereum, Rangers must specify high gas fees in truffle-config.js to ensure the implementation will be completed within a reasonable amount of time.
The higher the gas charge that Rangers regulates, the more wasteful it will be. However Rangers Protocol eliminates this concern with a flat fee of 0.0001 RPG per transaction. Besides, the block generation time on Rangers is much faster than Ethereum which leads to a much faster deployment on Rangers.

NFTs And The Rangers Protocol

To begin, each NFT has a specific goal in mind: to measure dApps. All DApps can examine all information regions, however only the currently held DApp and the collecting sector belonging to this DApp can update NFT data. It may also record historical data for the entire NFT life cycle, including NFT Set publication, NFT new issue, NFT transactions, NFT disintegration, NFT commodities transference to the block blockchain, and other events. The NFT spacecraft technique was also invented by Rangers Protocol, which allows the NFT to be connected to another DApp. Rangers Protocol eventually developed a renting mechanism that is similar to real-world rental. Tenants of the NFT have only the ability to use, not to trade or to have any other privileges.
The Project Rangers Protocol is a protocol developed by Project Rangers.
Rangers Protocol anticipated market incentives and provided alternatives, outperforming other industry solutions across the board in terms of consistency and comprehensiveness. They start with the underlying technology and work their way up, focusing on customer experience, programmer knowledge, market acceptance, and other aspects. Rangers Protocols has evolved from a closed to a completely open environment. The Rangers Protocol’s goal has changed since establishing genuinely decentralized bridge and EVM interoperability.

A Growth Roadmap

Rangers Protocol’s production server release is set for the second half of 2021. For the Rangers Procedure dapp, it will initiate the development of the VRF+BLS blockchain system, the EVM-based self-executing architecture, and the NFT core network. The Rangers Procedure squad will announce the release of the RPG (Rangers Protocol Gas) means of exchange when the mainnet is activated. In the third quarter of 2021, the Rangers Protocol will be compatible with Ethereum decentralized applications, which will necessitate the inclusion of Ethereum app developers to function on the Rangers Protocol. In the fourth quarter, a relays chain-based cross-chain property solution will be introduced to help the Rangers Protocol circulate pre-existing Ethereum goods. We’ll develop the IDE in the first quarters of 2022 to enable sophisticated applications by giving a digital and real-world project, changing and visible smart agreements, and enhancing programmer productivity.

NFTs And The Rangers Protocol

A Growth Roadmap

Mixmarvel’s Background

Based on their in-depth investigation into the sector and in-depth investigation into different projects, MixMarvel appears to believe that other current methods on the market have comparatively dispersed support for NFTs, and while they have fixed some of the issues, they haven’t yet established a comprehensive, systems, and smart, based on their in-depth investigation into the sector and in-depth investigation into different projects. NFTs facilitate more complex circumstances than DeFis, and boundary layers have more stringent criteria. That is why we decided to join the Rangers Protocol.

OBJECTIVE

Rangers System aspires to be the digital world’s cryptocurrency backbone. The needs of NFT and sophisticated systems must be prioritized in order to achieve this goal. Multi-dimensional aid is required to solve these challenges and eventually adopt the Multiverse. The Rangers Protocol firm believes that a far more Metaverse-friendly application of standards may be achieved by combining multiple co-enabling goals.

Helpful links:

Website: https://rangersprotocol.com/

Telegram: https://t.me/RangersProtocol

Twitter: https://twitter.com/rangersprotocol

Discord: https://discord.com/invite/2VtwvqDKUF

Writer's Details

Written by:Musa01

BitcoinTalkForum Username: Musa111

BitcoinTalkForum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3365042

Telegram Username: @mrmusa111

Smart Chain Wallet Address:0xA6da1d72fa8b39d5cA92B97F66bD5577D3EDAB3A