NGK.IO: Collaboration between graphene technology and cross-chain technology
NGK.IO is a blockchain based on the bottom technology of blockchain and only supports C++ language. NGK provides dedicated API functions, which can improve the security of smart contracts and reduce the difficulty of smart contract development. Users can interact with the contract through the interface provided by the smart contract. Developers can also determine the operations that users can perform, and call the corresponding programs to process user requests.
Graphene is a two-dimensional carbon nanomaterial, which is composed of carbon atoms with sp² hybrid orbitals. NGK took inspiration from the material level of graphene, and used the molecular architecture of graphene to become the core underlying architecture of the NGK blockchain.
1. NGK.IO ecology combines many advantages
NGK.IO introduces graphene technology, and participants’ transfer information and market behavior will be recorded by the blockchain. Blockchain is an open, transparent and auditable account book. Everyone can view the detailed data above, verify transaction, market and order data. When graphene technology is integrated with blockchain, graphene itself has evolved into an ecosystem.
There are two main benefits of applying graphene technology to NGK.IO:
First is the fast transfer speed. From the current point of view, the average confirmation time of blockchains on the market is 1.5 seconds, and the block time is 3 seconds, while the confirmation time of NGK.IO, which incorporates graphene technology, is only a few tenths of a second. Although there is a delay, this delay is not caused by the processing itself, but caused by the network, so the performance of graphene is very powerful. Compare this, Ethereum’s block time is about 1 minute, while Bitcoin’s block time is 10 minutes. The confirmation time of Ethereum is more than ten minutes, while the confirmation time of Bitcoin is as long as 1 hour. The NGK.IO, which uses graphene technology as the bottom layer, only needs a second confirmation time. It can be seen from the above that NGK.IO is far ahead from Bitcoin and Ethereum both in terms of block generation time and confirmation time.
Second, the throughput is higher. After actual testing, it can be known that the throughput of graphene is about 3,300 pens per second, but theoretically, it can reach 100,000 pens, or even expand to a million pens. For example, NGK.IO’s plan is to reach the level of one million transactions. Let’s compare it again, Bitcoin is about seven transactions per second, and Ethereum is thirty or forty transactions per second. It can be seen that NGK.IO with graphene technology has a sufficiently high advantage.
In addition, graphene also has the characteristics of stability, completeness, and easy operation. The introduction of graphene technology by NGK.IO avoids the risk of user assets being stolen and also contributes to corporate governance.
2. NGK.IO’s leading cross-chain technology
NGK.IO cross-chain technology is currently mainly used in a wide range of scenarios such as cross-chain asset transfer, cross-chain atomic transactions, cross-chain data sharing, cross-chain contract execution, and decentralized exchanges.
NGK.IO introduces side chain/relay technology to help collect data from the original chain. At the same time, NGK.IO has a leading cross-chain interaction mechanism, combined with a free high-performance blockchain to provide a powerful infrastructure for the digital asset field, and promote the application and development of the digital ecosystem.
NGK.IO has added cross-chain technology on the basis of graphene technology as the underlying core technology, which is equivalent to having two fast horses in a carriage. Ultimately, NGK will create a safe, convenient, and efficient digital ecosystem, which will not only enrich the application scenarios of blockchain technology and token, but also promote its service to business progress and social development.