Why is NGK blockchain the future of the blockchain world?
First of all, we have to briefly talk about the history of the blockchain. After Satoshi Nakamoto and VITALIK BUTERIN (V God for short) created Bitcoin and Ethereum in 2009 and 2015 respectively, more people start to recognize the value of them and the blockchain.
As a result, countless technicians turned into blockchain enthusiasts and start to explore and innovate in the blockchain world. Numerous things have emerged for a while, such as decentralized platforms (Ethereum), token (bitcoins), information archiving (notarization), decentralized exchanges (bitshares), and the purpose of protecting user privacy (Zcash and Dash) gradually emerged in the past few years. Not only the technology must be bright, but also trendy, and the name is also various. It can be said that “only that you dare not think of and nothing is unexpected”.
Although the blockchain industry was once flourishing and thriving, whether it was from commercial applications that allowed the real economy to implement in the ecology, or whether technological innovations really achieved their wishes, they were not optimistic and still faced many challenges. For example, to this day, you can still see hacker successfully exploiting the vulnerabilities of smart contracts and attack the blockchain and steal users’ digital assets. Moreover, the architecture of each blockchain is also different. Sometimes it is not easy to achieve cross-chain transactions as the partial solutions are not enough to meet the overall development of the blockchain ecology.
In terms of technology, since the performance of distributed systems is currently not on par with centralized systems, it is actually difficult to make better blockchain applications for commercial use. After all, the cost is there for large-scale use, so that many people who want to connect the blockchain with the real world, eventually their applications have to be formal.
The USA International Covenant INC, located in San Francisco, USA, acquired the technical team (or investment) of the NGK blockchain in 2018. The production team of the NGK blockchain is the leading Spirit Stone in the industry and has participated in the construction of the blockchain at the early stage of its development. Over the years, they have not only been immersed in long-term research on how to solve the pain points of users in various periods, but finally they have found the same aspirations and admired their “bright master” founder of USA International Covenant INC, TYLER ADAMS BRADBERRY.
When NGK.IO ecology was founded, it was painstaking in terms of performance. Although they are also produced by 21 main nodes, however, they use the DPOSS mechanism to eliminate the need for a large number of nodes to verify simultaneously. In this way, the performance is greatly improved, and the possibility of the main node cheating is reduced again.
At the same time, the NGK blockchain is prepared for real life, so the design is more in line with the needs of commercial users. Ordinary users not only could try for free, but also don’t have to worry about the “crowding” of the system caused by too many users which making the efficiency low. It is important to know that the transaction rate on the NGK blockchain has been tested and can process up to millions of TPS at the same time. This also once again proves that the performance advantage is more in line with the future needs of the blockchain.