Prasaga's goal for the cryptocurrency market

in #hot3 years ago

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Blockchain Introduction:


Blockchain provides technology that can reach consensus across all nodes of the network without the need for a centralized individual or organization. That was originally designed to reach consensus through full redundancy, memory replication, and compute re-execution across all nodes of their network. Theoretically, it can be expected that this result is in a non-computable environment. Real-world computation and scalable data on Blockchains are impractical or even impossible. Despite the growing popularity of blockchain, there are issues like blockchain's privacy and scalability that limit blockchain's use. Off-chain and second layer scaling solutions are often seen as treatments for blockchain problems. Scalable blockchains trigger a host of interesting decentralized programs (DApps).

How does Prasaga technology solve?


Prasaga is a new indigenous chain and a new coin project. The project team designed the next development of the blockchain architecture. A blockchain truly delivers the promise that all blockchains want. One of these offers the highest level of defense against attacks. A reward for the ecosystem of contributors. And, perhaps most importantly, scales through throughput as more resources are added to the network, providing the maximum possible increase in speed.

The DataGrid blockchain is catalyzed by the eXtensible Blockchain Object Model (XBOM), The Object Oriented Blockchain ™ ️ (OOB ™) builds a ledger that enables encryption, execution, and settlement of all transactions. assets directly into the blockchain - bring a growing approach to Smart Contracts provide faster rates of development, higher quality, and future-proven development infrastructure :

+) Open decentralized access
+) optimal scaling to release the transaction speed needed for now and in the future
+) Personalization controls to ensure freedom of personal democracy and data privacy

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Parallel transaction processing technology is one of the most special features of Prasaga:

+) The DataGrid Blockchain (DGB) consensus protocol combines two protocols, Proof-of-Work (PoW) and Proof-of-Stake (PoS) that allows custom and distributed blockchains to run in parallel and from there can process all transactions in parallel while maintaining Bitcoin level security.

+) DGB is envisioned as a general purpose blockchain, a "horizontal" infrastructure technology, we believe its first use cases are Internet-of-Things applications and "Fintech" applications. ". In both cases, the ability to create and track complex business relationships and business logic in an open, but secure way are fundamental requirements.

The XBOM product is completely different from any other program. XBOM allows direct support of object oriented models where objects are instances of classes containing code previously initialized on the DGB. This means that creating a new XBOM object doesn't require the user to load any code. Since XBOM focuses on the object instead of the account, a transaction sent to an object executes the code for that object's class, regardless of what account state the object is residing in.

It can be said that this is one of the great successes for Prasaga.

Advantages of using XBOM:


XBOM designed a bottom-up system to promote code inheritance and allow for exponential improvement. Since XBOM explicitly uses code already loaded on the DGB, the chances for individual code errors are significantly reduced and the carrying of the XBOM object is clearly stored in each user's account state.

The XBOM architecture will provide many additional functions that are not supported by existing Smart Contracts. In the XBOM structure, each account is essentially its own virtual world, where all assets and data are under its own control. This allows for an open, permissionless blockchain ecosystem and private chain. XBOM allows accounts to hold assets or digital in accounts on the blockchain.

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Prasaga Solutions :


DGT is designed for the general purposes of blockchain covering cryptocurrencies and business relationship models from simple to complex and globally scalable, and offers optimal solutions such as:

+) Transaction latency is suitable for most forms of commerce including Point of Sale.
+) Trading possibilities increase with the amount of new resources added (ie new mining nodes).
+) Maintain security with scale.
+) Maintain security with latency.
+) Deployed as a permissionless open blockchain.
+) Robustness when having network partitions.
+) Support reusing live code, previously loaded on blockchain.
+) Flexible monetary policy approach.
+) Decentralization of all regulatory aspects of blockchain.
+) Solution to the "train and hotel" problem of arbitrary application layer synchronization.
+) Support for multiple signature schemes and new ones as they were invented.
+) Independence of implementation (does not require a single official code base).

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Token Metrics


DataGrid Token (DGT) Overview

DGT is a mined Native Token that functions similar to Ethereum.

Function:

+) Create incentive rewards for miners' block production
+) DGT's money management policy is the approach to coin supply management to improve the stability of DGT.
+) DGT is not a token built on smart contracts like ERC 20 or similar.

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Investor and partner


+) Hyperledger Foundation: Behind is The Linux Foundation, a tiered ecosystem used by Oracle, IBM, and several blockchain platforms, respectively.
+) Industrial Internet Consortium: connecting businesses creates an environment that supports the growth of the internet industry.
+) Digital Twin Consortium: a global ecosystem connecting physics and digital, for businesses that want to expand on digital twins.
+) BlockPass: provides digital identity services for businesses including operating models in DeFi systems, electronic wallets, virtual banks

TEAM :

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► For more information please visit links below:

Website: https://www.prasaga.com
Telegram: https://t.me/prasagaofficial
Twitter: https://twitter.com/PrasagaOfficial
Facebook: https://www.facebook.com/prasagaofficial
WPP: https://www.prasaga.com/wp-content/uploads/2021/01/DataGrid-Blockchain-Technical-WP.pdf
Linkedin: https://www.linkedin.com/company/prasaga
Join Bounty: https://bitcointalk.org/index.php?topic=5310375.0
►Author

Bitcointalk Username: Choosename
Profile link: https://bitcointalk.org/index.php?action=profile;u=2806735
ETH Address: 0xd6D46877AAE71DC012EF808264BB6438C9A99573

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The project guys with a lot of creative people to support and make this project the best. Great to see this much progress in the project.

The idea was very unique

so good project

A good project collecting investment is developing and moving confidently towards the goals set.

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