NGK, a high-performance blockchain, opens a new economic model for DeFi
When efficiency and scalability have become constraints that limit the development of blockchain, new projects are needed to solve these problems. The recent popular DeFi and DEX have fully exposed Ethereum’s weak performance in network congestion and high increase in gas fees. This situation also gives the blockchain NGK an opportunity to develop.
The NGK Global blockchain aims to establish a simple borderless financial infrastructure and create a future-oriented distributed trust ecosystem. From the point of view of the consensus mechanism, NGK adopts the DPOSS mechanism, which is more advanced than the POS mechanism, which is an improvement on the basis of the DPOS mechanism. When the number of nodes in the NGK network is increasing, the probability of nodes doing evil is reduced.
Top projects are inseparable from top teams. The NGK team brings together talents in various fields such as technology development, operation management, and market public relations.
NGK.IO was developed by the Spirit Stone, Silicon Valley team. As the world’s top high-tech and technological innovation industrial zone in Silicon Valley, the NGK.IO blockchain system was born here. The Spirit Stone was founded in 2015 and is mainly composed of Native Americans, Indians, and Asians. Members have worked for top technology companies such as Intel, Cisco, and Oracle. The members of the Spirit Stone department have been responsible for the construction of multiple P2P networks, and have participated in technology development in many advanced industries from software programming to AI artificial intelligence, Internet of Things, blockchain and so on. They have rich working experience. Spirit Stone is the first batch of pioneers in the United States to use distributed storage and smart contracts to design underlying credit agreements. They provide support for distributed applications with innovative underlying protocols, ensuring the consistency and availability of the entire network. It has broken through the traditional technical barriers in distributed-protocol and application technology and has become one of the top blockchain technology teams in Silicon Valley. The lineup of NGK’s investment institutions is also very luxurious, and has received strategic investment from many institutions including USA International Covenant INC.
After the market started Fomo recently, DeFi projects began to “de-bubble” and the market entered a trough. However, this does not mean that the “DeFi boom” is gone forever. The “funding disk” with the concept of DeFi may die, but this creative and innovative movement of DeFi will not end there. The NGK team has already begun to deploy DeFi and has achieved significant results.
Currently, NGK mainnet assets can be connected to more blockchain networks. The new NGK mainnet assets will interact and flow assets with BTC, BNB, ETH and other blockchains through cross-chain protocols. It can be said that NGK has taken an important step in cross-chain DeFi applications.
NGK also integrates with the DIA oracle machine where NGK smart contract status, tokens and transaction related information will be obtained and integrated. This integration enable new DeFi use cases in the NGK ecosystem. These use cases can be established on the NGK mainnet or use NGK assets on other platforms. This will accelerate the growth of DeFi on NGK and increase the demand for NGK as a basic asset.
The first wave of DeFi is over when DeFi gets rid of the fake and keeps the truth. When the second wave comes, it will truly set off an unstoppable tide. NGK’s layout will help it achieve better results in the DeFi field. In the future development, NGK will become a strategist standing at a higher level. NGK is not only a blockchain, but also forms a blockchain social ecology, freeing the blockchain from the difficulty to use and low performance dilemma.