How does the NGK blockchain give full play to the practical value of the entire blockchain system?
As soon as the beginning of 2021, the cryptocurrency industry has ushered in good news: Brian Brooks, acting comptroller of the currency, issued a statement saying that local banks and the Federal Reserve Bank can use blockchain and stablecoins for settlement. Since the U.S. banking institutions and the Federal Reserve Board of Governors can directly run blockchain nodes, while local banks use relevant blocks to store, record, verify, and settle payments, this means that the Office of the Comptroller of the Currency (OCC) are opening a door to the blockchain, which is a milestone leap.
The development of the NGK blockchain network, whether it is based on the “Proof of Work” (i.e. POW) or the “Proof of Stake” (i.e. POS) consensus mechanism, node operators must use a more powerful host. Our NGK Spirit Stone team began to work hard to upgrade development components, consensus mechanisms, smart contracts, transaction processing speed, and development languages, and assisted with technical innovations such as sidechains, shards, cross-chains, digital identities, review, and design. Therefore, blockchain is actually not a new thing in the field of cryptocurrency.
As we all know, most of the mainstream currencies in the current cryptocurrency market are issued on the blockchain, so the competition is extremely tense. Moreover, the industry is full of high cost, large investment, and competitive theory, so there are very few blockchain projects that can achieve breakthroughs. NGK is one of the best, and it has currently launched many products, including APP and products such as the ecological exchange and BGV tokens. In addition, some blockchain projects, such as Ethereum, whose applications are severely limited by performance, scalability, high gas fees, and a series of issues. Blockchain will still be the most concerned section in the blockchain industry. With that, the launch of the NGK blockchain just solved the above problems.
In the beginning, the blockchain only realized the P2P transmission of basic value information and data. Its application was very simple and had no practical value. However, as the technology gradually matured, some platform-based blockchain projects such as NGK blockchain began to become the connector for real world and the blockchain world, forming a universal blockchain technology platform to meet the requirements for large-scale transaction processing. Later, more NGK blockchain applications appeared based on these mature blockchain systems, and NGK blockchain technology began to truly enter the real life.
During this period, the blockchain industry has indeed experienced a very difficult time. The NGK also regards blockchain technology as an important breakthrough in its core technology and has conquered several key blockchain core technologies to promote the improvement of its ecosystem. After the second half of 2020, the blockchain industry led by the NGK blockchain has entered an explosive period. Recently, the NGK has launched a new batch of computing power products — -SPC computing power reward tokens and its sub-coin VAST tokens, both of which are an important part of the NGK’s ecological Starry Sky project, which will greatly promote the liquidity of NGK computing power. Now there are still four days to receive the VAST airdrop (i.e. NGK newcomer assistance program), the opportunity should not be missed. Join now!