In recent years, blockchain has attracted many people to participate due to its recognition in the market. In order to fulfill the needs of the public and introduce the digital economy into the real economy, the NGK Blockchain came into being.
1. What is NGK?
NGK is a blockchain platform built based on the blockchain bottom technology. It is jointly initiated and developed by the UICI Group and the world’s top Silicon Valley technical team, Spirit Stone. NGK.IO is a public blockchain project, namely the NGK Blockchain. It has powerful DAPP programming and processing capabilities. It can support millions of applications. NGK Blockchain is a masterpiece in the era of blockchain 3.0. It adopts the DPOSS consensus mechanism, which has faster transaction processing speed, and it is completely decentralized in terms of governance structure. Thus, it has higher commercial value.
2. Advantages of NGK
①NGK is a token economic chain, which acts as a medium between the commercialization of blockchain and the financial field. From its decentralized performance, notarization and transparency, it absolutely has huge commercial value.
② In terms of transaction performance, NGK.IO has immeasurable prospects in the transaction process. It can complete more than 5000 transactions per second, which completely surpasses the speed of other blockchain. The improvement of BFT makes the expansion issue of the blockchain thoroughly solved to support the operation of various distributed applications.
③ Free transaction for all accounts in the NGK.IO system. In a series of operations, The users will not be required to pay direct miner fees, but a small amount of resources will be consumed in the NGK account system, which greatly reduce the cost of usage and transaction.
④ NGK.IO is more secure in terms of operating system. This is because the initial model of the NGK Blockchain has avoided the problems of forking and network congestion. The implantation of new technologies and the expansion of the underlying architecture will be greatly improved. In addition, NGK adopts a competitive voting mechanism participated by the 21 block producers, which greatly improves the security of the blockchain network.
3.Development route of NGK Blockchain
① Commercial value
The NGK Blockchain is fully opened, and the developers can build different decentralized applications on it. Besides, it has a higher and firmer security system with its decentralized, immutability, openness, and transparency built-in mode. The expansion of the Internet economic market will definitely bring safer and reliable business value to more public users.
②Creation of token value
NGK Blockchain has become a growing token through computing power distribution, application ecology, and community building. With the continuous increase of various DAPPs on the blockchain, the use of resources will gradually increase. Thus, the NGK value will eventually increase too due to the market demand.
③ Realization of business ecosystem
Through the issuance of NGK on the chain of economic rights, various financial products will continue to flow in, and the restructure of asset will also be realized. The decentralized ecosystem created by NGK will reward many outstanding developers. Thus, more people will choose the NGK mainnet to launch.
④NGK大众化 Popularization of NGK
NGK has more potential than ETH in terms of performance, scalability, security, stability, and even in diversified fields. Hence, it has more potential to be used in business context. Based on the current development status, various decentralized applications have entered NGK, and it is about to acquire many users from various industries.
