The Key Feature of IgniteChain for Maximizing Blockchain Efficiency
In this blog post, we provide a brief description of the innovative features that sets Ignite Blockchain apart as a new standard in the blockchain ecosystem.
Ignite Chain is built to enhance the on-chain decentralized experience and scale up the decentralized economy
Ignite Key Features
There are many features of using the ignite blockchain. Some of these include:
Perform a transaction in no time with the network capable of processing as high as 2608 transactions per second.
The cost of a transaction is almost zero yet in superfast speed and inexpensive deployment of smart contracts with developer bounty programs.
IgniteChain is functional with every other blockchain with an in-built smart bridge contract that allows cross-chain transaction of assets seamlessly
Secured Architecture operations
With the use of the custom protocol, IgniteChain offers multiple security layers to protect the network from unnecessary entities and access.
IgniteChain is EVM compatible, independent blockchain working on Proof-of-Stake Voting (PoSV) with Proof-Of-Reward (PoR) consensus model to process transactions.
No third-party intermediaries are allowed to obtain data from the Ignite network without permission of the sovereign authority.