Title:
Unlocking the power of a close protocol (close): A breakthrough in decentralized financing and development of an intelligent contract
Entry
An innovative projection of the way we think about decentralized applications. One of such projects is close to the protocol (close) and the decentralized blockchain platform, which gains significant attention among development, investors and users. Protocol and research your potential benefits in the field of decentralized finance (DEFI) and intelligent development of contracts.
** What’s close to the protocol?
The blockchain platform with an open level is close to the Protocol, which allows you to create decentralized applications (DAPP) without the need for central power or intermediaries. Founded by Moshe Krapana and Shayana Boustanji in 2020, nearby, he tries to provide results, a safe and interoperable platform for programmers for building decentralized financial services.
Unique consensus mechanism
The consensus mechanism nearby is based on the concept of evidence (POS), which has several advantages in the field of traditional evidence mechanisms (eats). Life allows validations to put their cryptocurrencies and participate in the network by solving complex mathematical puzzles, and not just extracting the prize. This approach reduces energy consumption, transaction times and costs associated with the area
The mechanism of close consensus is based on the new Byzantine hybrid of damage tolerance (BFT) and proof to the joint (POS). The system uses a combination of cryptographic techniques to ensure the safety and integrity of transactions, while enabling quick and efficient performance.
Key functions
Near the protocol, it offers several key functions that make it an attractive choice for programmers and users:
1.
.
.
4.
cases of use
Near the protocol has a wide range of use, which drive adoption and interest among programmers:
- Decentralized finances (DEFI) : close to fast transaction of the protocol and energy efficiency
- Market and social platforms.
.
Application
Near the protocol there is a pioneering project that offers a unique consensus mechanism that combines the benefits of evidence with Byzantine tolerance to damage. Fast transaction functions, energy efficiency and interoperability functions make it an attractive choice for development and users in DEFI space. Ecosystem, we can expect meaning and interest.
