Protocon price

PEN

The goal is to establish a protocol-based economic system that can provide blockchain that is free to anyone and has no boundaries to anyone.

For this purpose, the platform provides 1) up to 5,000 tps of decentralized algorithms, 2) Contract Models that modularize various blockchain functions such as tokens, NFT, data management, DID, and voting functions, 3) FeeFi that solves complex and difficult blockchain fees and provide automatic fee swap & staking features, 4) various mainnet bridges that can interact with the entire blockchain ecosystems.

In order to check whether or not it is an intact node, a verification process through the Acting Suffrage Group is included during the consensus process. This verification process is also used as information to exit the node. In addition to the Suffrage Group participating in the consensus process, Protocon have implemented a method that continuously checks whether the Candidate Group is intact, and allows the intact candidate node to automatically participate in the Suffrage Group instead of the expelled node. In other words, it has been implemented so that problematic nodes can be replaced periodically in the network live state.

Introduction of 'Contract Model' as a new smart contract methodology The Contract Model can be defined as a 'framework that utilizes blockchain core functions' and is a modular set of functions that handle operations required by a specific business. In general, smart contracts need to be developed for each service, whereas the model modulates and provides the necessary blockchain functions for each industry as a framework, making it easier and faster to develop blockchain application services.