A few years ago, a dapp called CryptoKitties caused the Ethereum network to become congested, almost crippled. These circumstances make Ethereum unlikely to be a good enough choice, especially for game applications that require more information storage and frequent user interaction. At this point, Rangers Protocol steps up to revolutionize blockchain.
What is Rangers Protocol?
Rangers Protocol is a blockchain infrastructure that powers NFT professionally. Create a high-performance blockchain pool with cross-chain interoperability between EVM systems of multiple blockchains. Allows developers to freely create complex decentralized applications. Provide users with an experience similar to Internet applications.
Rangers' long-term goal is to become a user and application developer-friendly blockchain infrastructure. The short-term goal is a multi-chain, secure, high-speed decentralized application that supports NFT and an Ethereum-compatible digital asset.
Project function
Bridging & Cross-Chain
One of the visions of Rangers Protocol is to be a bridge to circulate and connect blockchain assets to different chains. As a result, the asset can work seamlessly between the Rangers Protocol and the chain.
NFT Protocol
NFT is the foundation of digital assets. In Ethereum, NFT standards such as ERC-721 and ERC-998 are used mainly. Rangers draws on the advantages of Ethereum to extend the platform's features. Like NFT issuance, NFT minting, NFT trading and withdrawal to public chain.
Compatibility
Thanks to a fairly stable user base on Ethereum. Rangers wants to be a smart contract chain compatible with Ethereum. Through two aspects: Code compatibility and Data compatibility.
Code compatibility means that Devs don't need to add new programs. Instead, use existing code, including smart contracts and user interfaces implemented for Rangers Protocol.
Data compatibility is the use of data in the contract already running on Ethereum. Assets such as ERC20 and ERC-721, are transferable to the Rangers Protocol. This part of the work comes from Rangers Protocol's cross-chain solution.
Advantages of Rangers Protocol
High Security: Rangers Protocol uses a forward-chain-based consensus system and multi-signature verification smart contracts deployed on the public chain to ensure the security of users' assets.
Cohesive: Integrating an efficient VRF + BLS consensus mechanism to solve the problem of high frequency transactions. Reduce network congestion and reduce usage costs.
Real-time response: Rangers Protocol integrates real-time transaction confirmations to resolve interaction issues. Rangers Protocol can return real-time results for most trades.
Developer Friendly: Supports barrier-free access and free conversion of Ethereum Dapps. Maximize developer efficiency in complex applications through IDE enhancements.
Roadmap
Q3.2021
Cross-chain asset solutions.
Supports existing Ether assets.
ERC-20 reversal plan.
ERC-721 Reversal Plan.
Q4.2021
EVM enhancement.
Extended Solidity syntax.
NFT protocol systax.
Defi protocol systax.
Q1.2022
Enhanced IDE.
Support complex applications, maximize developer efficiency.
IDE plugin.
Smart contract compiler and debugger
The Team
JIUZI (Co-Founder): Over ten years of software development experience. Did Alibaba's technology. Former Department of Security Device fingerprint data. Prior to founding Rangers Protocol, he was the head of password security technology at Ali Security.
Jade (Co-Founder): Former Ubisoft Entertainment developer involved in projects like Assassin's Creed and Prince of Persia. Thirteen years of game development experience. Dedicated to the development and promotion of blockchain technology and the entertainment industry. Founder of MIXMARVEL.
Mary (Co-Founder): Graduated with a master's degree from the University of Leicester, UK. China's first Entertainment founder. As an investor in the internet industry. Co-founder of MIXMARVEL.
Nicolas (Business Development): Graduated from Fudan University Law School. Several years of experience in corporate services. Offering MixMarvel since 2018.
Alina (Head of Marketing): Graduated with a bachelor's degree in advertising, Fudan University. Has many years of experience in the software services industry.
The Partner
The Investors
Token Allocation
Investors (10%): Unlock the same day and fully unlock within 400 days.
Core Team (14%): devs and maintainers, remaining 8% of the money released every 180 days.
Incubators and consultants (7%): Incubators and partners, the remaining 8% are released every 180 days.
Eco-community (49%): 8% of the remaining coins are released after 180 days.
Eco-Funds (20%): Unused funds will be locked, community voting will be held, and relevant announcements made on the organization's website upon use.
CONCLUSION
Rangers developed as a closed ecosystem. Although it is still a work in progress, the founding team wants to make the project an important bridge in blockchain. The above is all information that I have researched about the Rangers Protocol project and is not investment advice. Hope this article will help you get the necessary information and give your personal opinion about the project.
For More Information :
Website: https://rangersprotocol.com/
Whitepaper: https://www.rangersprotocol.com/pdf/RangersProtocolWhitepaper.pdf
Facebook: https://www.facebook.com/Rangers.Protocol
Twitter: https://twitter.com/rangersprotocol
Telegram group: https://t.me/RangersProtocolAnnouncement
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Bitcointalk username: huanbouty
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