What’s Unique and Special about Rangers Protocol

You probably think that Rangers Protocol is just another crypto platform, just like the rest of the other similar platforms. However, you should also know that each platform is unique. Even when they seem to share similar features and characteristics, they are different at the core, concept, and ideas. If you think that this platform is just like the other platforms that support NFTs and is manageable with Ethereum, you may have to learn more about it in a deeper and more thorough manner.

Getting to Know Rangers Protocol in Deep and Personal Way

Rangers Protocol is created as a platform that can act as a bridge for public chains and blockchain assets. In this manner, they can move freely and they can support (undeterred) circulation in the crypto industry. It is expected to expand and widen the blockchain industry in the most efficient and the safest manner possible.

You see, despite the fact that blockchain has been known as a revolutionary technology, it isn’t free from any challenge or obstacle. Some of the common issues include excessive energy use and consumption, time constraints, and also network ‘jam’ or congestion (from high-frequency usage). It’s a good thing that many tech companies have found solutions (or at least they have tried to) to overcome these issues. They want to make a more efficient blockchain platform, for the sake of crypto prospect in the future. For now, the adoption for crypto world is still minimal because of those existing issues. But with Rangers Protocol (and many other platforms and technologies on the way), it is expected that wider adoption will take place, especially on the global scale.

This platform is basically a virtual (blockchain) infrastructure with world proofing technology that can handle complex applications. Since it also supports Non Fungible Tokens (NFTs), you can expect better investment opportunity with it. Not to mention that it uses EVM technology, or Ethereum Virtual Machine, which is basically a platform with blockchain basis. With this technology, developers won’t have any issue creating DApps effortlessly. So far, programmers respect and value this technology because they can protect the already created objects from any modification. Plus, they don’t have to deal with downtimes. Basically, users can enjoy the platform to the highest level without compromising safety or security.

Unique Consensus Mechanism

This platform uses the so-called VRF+BLS (or Verifiable Random Function) consensus mechanism that would be handy to reduce high-frequency trading effects. It doesn’t implement PoW consensus, but it would execute a (new) block each second. Such an action would prevent congestion within the network and it will reduce the usage costs at the same time.

Other Supporting Features

There are also other features that are special in Rangers Protocol, such as:
• Solid security. The platform implements a relay chain-based consensus along with smart contracts executing multiple signatures on public blockchain. It is designed to protect the assets from different possible threats and risks.
• Innovative and sophisticated asset migration. Asset migration has always been an issue in blockchain technology. It’s a good thing that Rangers Protocol is able to find the solution to face this issue. They use the cross-chain mechanism with relay chain-based solution
• NFT Protocols. In order to standardize NFT to provide (data) rights management and digital assets, including life cycle management and data reuse, the platform uses ERC-721, which is considered an advanced protocol.
• NFT support. The platform has the technology and also supporting features that are able to record the overall NFTs’ life cycle data, such as minting, set release, transaction of public chains, and even NFT destruction. It even develops its own NFT shuttle mechanism that supports NFT ownerships’ transfer seamlessly on different DApps. It can also set schedules for every DApp for NFT reuse so the entire process can go organized. Think of it as renting a house, in which you have the rights to use the property, but not having any right to trade the property.
• Real-time response. The platform is different from other platforms (and protocols) because it is able to provide execution results in real-time manner. Other platforms require users to wait while blocks are being generated (so they can receive the transaction confirmation), but such a thing doesn’t have to happen to this platform. It seriously saves time when facing issues related to interactive features.
• RPG Token. RPG (Rangers Protocol Gas) token is the platform’s native token having 21 million pieces of total supply. They are available in BEP20 and also ERC20 format.
• Token design. The platform has its own economic system where the ecological nodes would generate blocks. They are then divided into verification and proposal nodes.

Conclusion

The platform surely has a unique system with advanced technologies to support everything. It also offers investment opportunities for those who are interested in the nature of the ecosystem. But then again, the investment technology may not be for everyone. You need to seriously think of all the features carefully if you want to make use of Rangers Protocol to the highest level of satisfaction.

Website: https://rangersprotocol.com/
Whitepaper: https://www.rangersprotocol.com/pdf/RangersProtocolWhitepaper.pdf

Social Media:

Twitter: https://twitter.com/rangersprotocol
Facebook: https://www.facebook.com/Rangers.Protocol
Medium: https://medium.com/rangersprotocol
Telegram Channel: https://t.me/RangersProtocolAnnouncement
Telegram Group: https://t.me/RangersProtocol
Discord: https://discord.gg/2VtwvqDKUF
GitBook: https://rangersprotocol.gitbook.io/rangersprotocol/

Posted by kurniawan05
Profile Link: https://bitcointalk.org/index.php?action=profile%3Bu%3D1187741
BEP20 address: 0x3946bc29197BF793CB796243109b39b019c3fC00