Topic: EagleX (EGX) - own blockchain "IronGeekChain" based coin - page 10. (Read 2516 times)
Guys we need to underline something - IronGeekChain is a platform
IronGeekChain use a consensus mechanism called Iron dBFT (Iron delegated Byzantine Fault Tolerant). A transaction need to be validated by 80% of all active master nodes. If some representative nodes sending cheat or false transaction, as long as the false ones are less than 80% all active master nodes, the transaction will be rejected. Valid transaction will be recorded in a block which need 15 – 25 seconds to generate a block in IronGeekChain. A thousand transaction can be validated in a second.
You are right - eagle has zero transaction fee. We have a perfect blockchain with a lot of hreat features.
eaglex has a free transaction fee? is this correct? does it apply to all types of transactions? if this true ,eaglex is very impressive.
In the atomic swap decentralized exchange, cryptocurrencies from different blockchains can be paired, therefore users can use many kind of cryptocurrencies for payment or easily convert them to any suitable fiat money and use it for payment.
EagleCoin will migrate from ERC20 token to EagleX, a token on its independent blockchain, called IronGeekChain. The blockchain is secured by master nodes which are the representation of all EagleX holders.
To validate the transaction, IronGeekChain use a consensus mechanism called Iron dBFT (Iron delegated Byzantine Fault Tolerant). Iron dBFT is a dynamic dBFT, It is a mechanism to calculate available nodes and determine valid majority voting for each transaction. A transaction will be valid is it is confirmed by 80% of the active master nodes. To generate a block, the consensus mechanism will take 15 – 20 seconds.
The blockchain will have the following features:
- Support multiple type of digital asset
- Smart contract which support decentralized application.
- Consensus mechanism
- Quantum resistant
- Cold staking.
- Desktop, mobile, and web wallets.
The benefits for EagleX holders are including:
- EagleX holders can do cold staking and receive BENZ.
- EagleX will become the main currency used for buying token when an ICO is conducted in EagleX system.
- EagleX will also become the main currency to be paired with other coins when the decentralized exchange is built in EagleX system.
- EagleX holders can receive airdrop when a token is issued in Eagle ecosystem.
- EagleX has a free transaction fee makes EagleX becoming perfect digital asset for transferring need.
Our vision is to make EagleX system a new generation of payment system that is accessible to a wide range of users, is easy to use, has a low fee, and complies with the regulatory regimes all jurisdictions. The key of regulation compliance is the use of fiat money for purchasing in the EagleX system. However, if applicable in a jurisdiction, the use of cryptocurrency as payment is facilitated in EagleX system.
https://eaglepay.io
International telegramm group: @eaglecoinworld | @eagle_malaysia | Indo: @eaglecoin | announcement: @eaglecoinglobal | Rusian: @EagleCoinRussia
VK group: https://vk.com/eaglecoin
Twitter: https://twitter.com/EagleCoinID
Facebook: http://fb.com/EagleCoin
LinkedIn: https://www.linkedin.com/company/13453528/
Github: https://github.com/elangindonesia/EagleCoin
To validate the transaction, IronGeekChain use a consensus mechanism called Iron dBFT (Iron delegated Byzantine Fault Tolerant). Iron dBFT is a dynamic dBFT, It is a mechanism to calculate available nodes and determine valid majority voting for each transaction. A transaction will be valid is it is confirmed by 80% of the active master nodes. To generate a block, the consensus mechanism will take 15 – 20 seconds.
The blockchain will have the following features:
- Support multiple type of digital asset
- Smart contract which support decentralized application.
- Consensus mechanism
- Quantum resistant
- Cold staking.
- Desktop, mobile, and web wallets.
The benefits for EagleX holders are including:
- EagleX holders can do cold staking and receive BENZ.
- EagleX will become the main currency used for buying token when an ICO is conducted in EagleX system.
- EagleX will also become the main currency to be paired with other coins when the decentralized exchange is built in EagleX system.
- EagleX holders can receive airdrop when a token is issued in Eagle ecosystem.
- EagleX has a free transaction fee makes EagleX becoming perfect digital asset for transferring need.
Our vision is to make EagleX system a new generation of payment system that is accessible to a wide range of users, is easy to use, has a low fee, and complies with the regulatory regimes all jurisdictions. The key of regulation compliance is the use of fiat money for purchasing in the EagleX system. However, if applicable in a jurisdiction, the use of cryptocurrency as payment is facilitated in EagleX system.
https://eaglepay.io
International telegramm group: @eaglecoinworld | @eagle_malaysia | Indo: @eaglecoin | announcement: @eaglecoinglobal | Rusian: @EagleCoinRussia
VK group: https://vk.com/eaglecoin
Twitter: https://twitter.com/EagleCoinID
Facebook: http://fb.com/EagleCoin
LinkedIn: https://www.linkedin.com/company/13453528/
Github: https://github.com/elangindonesia/EagleCoin
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