Prasaga: A unique project and has a real product.
Introduce
Last time we are witnessing the strong growth of the cryptocurrency market, I believe that it is bringing many opportunities as well as solutions that it can meet for human needs in the future. And in this post I’d like to share the best of all, a project that I think their mission is to provide this market with features that can break current barriers and data warehouses that the business model creates and opens up global accessibility.
About
To make it easy for everyone to imagine that I will share some concepts around this project, Smart Contract is a term that describes a special set of protocols capable of automatically executing terms and agreements. Agreement between the parties in the contract thanks to the support of Blockchain technology. The entire operation of Smart Contract is done automatically and without external interference, or through an intermediary third party. Transactions made using smart contracts are very transparent, easily traceable, and cannot be tampered with or reversed. The nature of Smart Contract is very safe, but if users reveal some sensitive information or are exploited by hackers, there will be many problems that cannot be solved. Prasaga is a project ready to be marketed to an entire community of entrepreneurs, program developers, as well as technology and industry companies. Currently Prasaga is focusing on developing a platform that will help the world economy in the future. This platform is called the DataGrid Blockchain. Where the DataGrid blockchain will be able to help and speed up all data processes, transactions, and security in the technology of the DataGrid blockchain.
The DataGrid Blockchain (“DGB”) is a new design for a blockchain from the “ground up”. It incorporates components of the following concepts: proof-of-work, proof-of-stake, parallel chain/sharding, Byzantine fault tolerance, verifiable random functions, staking, open permissionless design, open source code. Its design goal is to enable secure low latency, high throughput transaction rates, scalable with increased resource availability. The DGB is designed to be a general purpose blockchain enabling a cryptocurrency and both simple and complex business relationships, with global scale.
The DGB uses the DataGrid Token (“DGT”) as its “native” coin. The DGT is a mined coin that functions similarly to the Ethereum coin. That is, transactions consume DGT similarly to Ethereum “GAS”. New DGT is created as incentive rewards for block production by miners similar to both Ethereum and Bitcoin. The DGT monetary policy is a unique new approach to coin supply management (i.e. tokenomics) to improve the stability of the DGT based on economic activity as opposed to static algorithmic minting (e.g. Ethereum and Bitcoin), or tethering (e.g. Tether), enabled by the DGB and the XBOM.
Token
The DGB is not a smart contract implemented on top of any other blockchain technology in existence. The DGB is not designed for a specific vertical use-case, but is designed as a “horizontal technology” suitable for a virtually unlimited number of applications worldwide.
Team
Conclution
In short, after many days of analyzing and learning about Prasaga, I found that this is a good and interesting project, with a strong team with a lot of experience in this field. I firmly believe that the project will be successful in the future. Take a moment of your time and pay attention to this amazing project. A well-organized team can carry out the concepts. I like their approach, I’m sure they’ll produce some great crypto results. This is not an investment advisory article, this is an analysis of the project for the community to consult and learn more deeply, so we will not be responsible for any problems encountered in the investment process. Any investment opportunity also has certain potential risks, so we hope everyone can carefully consider each investment decision to get the highest probability of success.
Media Social
Website : https://www.prasaga.com/
Whitepapper : https://www.prasaga.com/ecosystem-whitepaper/
Twitter : https://twitter.com/PrasagaOfficial
Telegram : https://t.me/prasagaofficial
Facebook : https://www.facebook.com/prasagaofficial
Linkedin : https://www.linkedin.com/company/prasaga/
Post made by
Username: chillandrew1511
Profile link: https://bitcointalk.org/index.php?action=profile;u=2575495
Wallet: 0x71dfc3B7eF20B32570A1EC6F791437Ad1AaEF4a2
