We have already seen the rise of Blockchain concept and it's widely acceptance. Decentralized exchanges can differ dramatically in terms of technology, security, legal implications, economic implications, and more. Technology always moves on and the second generation development is now in trend called DeFi (Decentralized Finance). Where we have lots of opportunities to earn more. We can stake, Lend/Borrow assets and can yearn via Yield Farming from the idle assets which are lying in our wallets. Now again further advanced technology is knocking the door called Cross-chain DeFi Protocol. Where two or more Blockchain can interact with each other.
Cryptocurrencies and its underlying technology have opened a decent deal of opportunities for humanity. The concept of cryptocurriencies runs on the blockchain technology. Blockchain technology promises to facilitate fast, secure and inexpensive international payment processing services (and other transactions) through the use of an encrypted distributed ledger that provides reliable real-time transaction verification without the need for intermediaries such as correspondent banks and clearing houses. Now the users are able to transact in Fast , Safe and scalable environment.
Rangers Protocol
Rangers Protocol is a future-oriented virtual world blockchain infrastructure. It integrates cross-chain, NFT, EVM and distributed network protocols, professionally supports NFT and complex application. Rangers Protocol serves all entrepreneurs and pioneer developers, allowing them to freely try out content creation, cross-chain operation and applications development in the Rangers Protocol ecosystem without permission.
From the technical point of view, Rangers Protocol is divided into two parts: Rangers Engine and Rangers Connector.
Rangers Engine is the core part of Rangers Protocol. It is a high-performance chain that supports complex applications and is highly scalable. It includes the RPOS-based VRF+BLS consensus mechanism, the EVM-compatible virtual machine REVM, the NFT protocol that can contain historical data of the entire NFT life cycle, the storage module responsible for asset and data storage, and the node module responsible for block generation.
Rangers Connector is responsible for completing the interconnection with various public chains, and its primary function is to provide cross-chain services for developers and users. It includes a consensus mechanism based on VRF+TSS, full nodes of the origin chain and target chain responsible for providing trusted data services, and modules responsible for cross-chain transactions.
RPG (Rangers Protocol Gas) is the Rangers Protocol ecosystem token, with a total supply of 21 million pieces.
RPG is the native token of Rangers Protocol. There are also RPG tokens issued on ERC20 and BEP20 format.
In the economic system of Rangers Protocol, ecological nodes that generate blocks are divided into proposal and verification nodes. This system adopts an open participation mechanism, allowing all users to participate in the system’s operation.
Design Principles
Technically, Rangers Protocol implements parallel computing through VRF random election + BLS signature algorithm, and introduces high-concurrency collaboration and preprocessing technologies in distributed systems. It is better than Bitcoin in terms of decentralization – General network-compatible devices, rather than customized professional devices, can become nodes. In terms of security, VRF truly random numbers select groups to ensure that the working group is unique at a certain altitude. The periodic Check Point mechanism ensures that the block data is “final”. It eliminates problems such as long-range attacks and private mining.
Token Allocation
Tokens will circulate among users, developers, investors, and ecological nodes. First, Rangers Protocol will be connected to major platforms and encourage developers to develop, distribute, and operate their applications based on Rangers Protocol. Secondly, Rangers Protocol has designed the tokens purchase and stake mechanism, meaning developers need to purchase and stake tokens to use Rangers Protocol. When users experience applications deployed on Rangers Protocol, they also need to buy and consume tokens. For instance, they can pay tokens to application developers. With the ecosystem’s expansion, the token will continue to increase in value. More and more token holders and more ecological nodes will make it a virtuous economic cycle.