- Genit Chain is Blockchain L1 to relies on a system of PoA consensus that can support short block time and lower fees. - The most bonded validator candidates of staking will become validators and produce blocks. - The doublesign detection and other slashing logic guarantee security,stability,and chain finality.Improving the SystemDecentralized: Genit Chain is validated by thousands of nodes that operate independently of each other,ensuring your data remains secure and censorship resistant guarantee security,stability.Purpose:To create a highly scalable,energyefficient,and decentralized blockchain platform that addresses the limitations of current blockchain technologies.To provide a secure and sustainable infrastructure for various applications,including those in finance,supply chain,gaming,and more.Function:Layer 1 Blockchain: Operates as a foundational blockchain network,enabling the development of decentralized applications and services.ProofofAuthority Consensus: Relies on a system of trusted validators to secure the network and process transactions,ensuring efficiency and speed.Key Features: Decentralization: Validated by thousands of independent nodes,promoting data security and censorship resistance. - Scalability: Designed to handle increasing transaction volumes without compromising performance. - Energy Efficiency: Prioritizes sustainability through ecofriendly approaches,reducing environmental impact. - High Security: Employs doublesign detection and slashing logic to safeguard the network. - Smart Interface: Offers a userfriendly interface for developers and users. - Acceleration: Focuses on speed and efficiency for transactions and processes. - #multichain : Interacts with other blockchain networks for greater interoperability. - Maximizes Transactions and Control: Enables a high volume of transactions with usercontrolled features..
Summary of the coin Genit Chain
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